China Pledges More Resources to Support Employment
China will step up resources and funding to support employment and unveil new policies to help college graduates get jobs, as the external environment could become more complex and severe. China faces an arduous task to stabilise and expand employment in 2025, minister Wang Xiaoping said, estimating this year's employment will be generally stable. The government aims to provide support for underemployed workers, including temporary job placement services and vocational training programs.
- The introduction of these policies could serve as a model for other countries facing similar labour market challenges, highlighting the importance of proactive policy-making in addressing employment instability.
- Will China's efforts to bolster employment support be enough to counter the impact of demographic changes and technological shifts on its workforce?