China Premier Warns of ‘Grave’ Jobs Situation Amid Lockdowns
- Stabilizing employment is key support for economy, Li says
- Shanghai, Beijing tighten movement rules for Covid Zero
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Chinese Premier Li Keqiang warned of a “complicated and grave” employment situation as Beijing and Shanghai tightened curbs on residents in a bid to contain Covid outbreaks in the country’s most important cities.
Li instructed all government departments and regions to prioritize measures aimed at helping businesses retain jobs and weather the current difficulties, according to a late Saturday statement, which cited the premier’s comments in a nationwide teleconference on employment.