BEIJING: China will adopt the policy of postponing payments of old-age insurance premiums on a time-limited basis for industries experiencing special difficulty, and channel more unemployment insurance funds to support enterprises in maintaining stable payrolls and providing training, according to a decision made at the State Council’s executive meeting chaired by Premier Li Keqiang.
The meeting also decided to use monetary policy tools as appropriate to more effectively support growth of the real economy.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
