China outlines measures to keep employment stable

Beijjng: China has outlined a string of measures to keep the employment market stable.

Supportive fiscal policies to reduce enterprises’ social security burdens and encourage on-the-job training will be extended for another year, the State Council, China’s cabinet, said in a guideline.

Financial support will also be stepped up for private, micro and small firms, China Economic Net reported.

Services with strong job creation potential such as housekeeping, elderly care and tourism will be boosted, while multiple means of employment will be facilitated.

China will launch an extensive employment skills training campaign, and improve the employment information monitoring system to serve employment-tracking and employer-employee match-making, the guideline said.