Core Viewpoint - The Chinese government emphasizes the importance of stabilizing employment and the economy through a comprehensive policy toolbox aimed at promoting high-quality development [1][2][3]. Employment Support - Key measures include encouraging companies to stabilize employment, enhancing vocational training, expanding support through labor-intensive projects, and improving public employment services [2][4]. - In Q1, urban employment increased by 3.08 million, with an average urban unemployment rate of 5.3%, indicating a stable employment situation [4]. Foreign Trade Stability - Policies to stabilize foreign trade include tailored support for industries and enterprises, helping exporters mitigate risks, and encouraging foreign investment in China [2][7]. - A recent policy package aims to assist foreign trade enterprises in expanding domestic sales and integrating domestic and foreign trade [7][8]. Consumption Promotion - Strategies to boost consumption focus on increasing income for low- and middle-income groups, enhancing service consumption, and implementing targeted measures for specific demographics [5][6]. - The government has allocated over 160 billion yuan for consumption incentives, with additional funds planned for future distribution [5]. Investment Expansion - Efforts to expand effective investment include improving infrastructure for consumption, boosting private investment, and establishing new policy financial tools [2][6]. - The government aims to accelerate the implementation of major investment projects and enhance financial support for key sectors [9]. Financial Support - The People's Bank of China plans to maintain liquidity and may adjust interest rates to support employment and economic stability [9][10]. - Financial measures will focus on supporting entrepreneurship among key groups, ensuring financing for small and medium-sized enterprises, and enhancing financial backing for service consumption [9].
我国将出台稳就业稳经济五方面若干举措
Zhong Guo Fa Zhan Wang·2025-04-29 03:03