HONG KONG: China pledged to prioritise employment with its fiscal and monetary policies as the labour market remains under pressure, the country’s cabinet has said.
China still faces relatively large employment pressure during the 14th five-year-plan period which ends in 2025, according to a statement released from the State Council meeting chaired by premier Li Keqiang. The cabinet also urged China to push for close to full employment with higher quality jobs during the period.
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