China’s State Council Information Office (SCIO) held a press conference today to unveil new policies aimed at stabilizing employment and ensuring steady economic growth. Officials from the National Development and Reform Commission, the Ministry of Human Resources and Social Security, the Ministry of Commerce, and the People’s Bank of China addressed the media and took questions on the latest measures.
The press conference highlighted the government’s commitment to promoting high-quality development amid global economic challenges. Measures discussed include supporting small and medium-sized enterprises (SMEs), enhancing vocational training programs for young people, and implementing financial policies to stimulate the domestic market.
According to officials, these policies are designed to create more job opportunities, especially for recent graduates and those entering the workforce. The initiatives aim to foster innovation and entrepreneurship, encouraging startups and technological advancements.
Financial support will also be extended to key industries to bolster economic resilience. The People’s Bank of China emphasized the importance of maintaining stable monetary policy to ensure liquidity in the market.
With these strategies, China aims to navigate the current global economic climate and lay a strong foundation for sustainable growth. The government reiterated its dedication to improving the livelihoods of its people and accelerating the nation’s development goals.
