The Traderszone Network

Published in TZ Latest News 1 May, 2015 by The TZ Newswire Staff

China unveils new incentives to boost employment

China’s cabinet unveiled new measures on Friday to boost employment, offering more flexible tax breaks to companies to hire the jobless, preferential loans and incentives for farmers and new graduates. Facing slowing economic growth, Chinese authorities have said that avoiding mass unemployment is a crucial policy priority, although the real jobless rate is widely believed to be much higher than official figures.

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