A host of steps was decided upon at the State Council's executive meeting on Wednesday chaired by Premier Li Keqiang.
"We will face even greater risks and challenges next year. We must give higher priority to keeping employment stable as this is the key in ensuring that our economy does not slide," Li said. The government will intensify support to businesses to keep their payrolls stable. The current policies of lowering the premiums of unemployment insurance and workplace injury compensation insurance, partial reimbursement of unemployment insurance contributions for employers who keep their payrolls, and subsidies for in-job vocational training will continue for another year.
Liar! Factories are closing down & moving away. A lot of people lost their jobs bcos of the trade war. Many China companies do not pay their employees’ wages and bribe the security forces to detain & jail anyone who demand their hard earned wages from these cruel crooks
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