China Economy

China to promote fiscal and monetary polices to support job stabilization, says minister 

Key Points
  • China will focus on expanding jobs and promote fiscal, monetary and industrial policies to support job market stabilization, Li Zhong, Vice Minister of the Ministry of Human Resources and Social Security, said on Thursday.
  • China's employment situation has remained generally stable for a long time, but there has been persisting long-term pressure, Li told a press conference in Beijing.
An aerial view of the Tianjin CTF Finance Center on July 17, 2022 in Tianjin, China. China will focus on expanding jobs and promote fiscal, monetary and industrial policies to support job market stabilization, Li Zhong, Vice Minister of the Ministry of Human Resources and Social Security, said on Thursday.
Stringer | Anadolu Agency | Getty Images

China will focus on expanding jobs and promote fiscal, monetary and industrial policies to support job market stabilization, Li Zhong, Vice Minister of the Ministry of Human Resources and Social Security, said on Thursday.

China's employment situation has remained generally stable for a long time, but there has been persisting long-term pressure, Li told a press conference in Beijing.