China Premier Pledges to Shore Up Employment as Economy Sputters
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China will take further measures to stabilize employment as the country grapples with a flagging economy battered by the Covid-19 pandemic and a crumbling real-estate market.
The government will support businesses by continuing to implement previously announced relief measures and removing bottlenecks, the official Xinhua news agency reported, citing a decision made at the State Council’s executive meeting on Wednesday, which was chaired by Premier Li Keqiang.