China unveils measures to shore up job market
Xinhua, May 1, 2015 Adjust font size:
China's State Council (cabinet) rolled out four measures in a circular on Friday, demanding governments at various levels to facilitate entrepreneurship and innovation and create more jobs.
The circular -- Guidelines over doing work on employment and entrepreneurship under new situation -- admitted pressure in creating more jobs and said it is necessary to implement more pro-active employment policies.
The government should refine policies and continue encouraging mass entrepreneurship and startups, so as to foster a new engine of economic growth, the circular said.
China is faced with a complex and arduous task of ensuring employment in 2015 against the backdrop of an economic slowdown.
The Chinese government has pledged to create more than 10 million urban jobs and ensured that the registered urban unemployment rate does not rise above 4.5 percent in 2015, according to a government work report unveiled in March. Endi