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Unemployment Pressure Remains - Minister of Human Resources

CHINA PRESS
MNI (BEIJING)

China’s economy will continue to recover in 2023, but structural imbalances will continue to put pressure on unemployment, according to Wang Xiaoping, Minister of Human Resources and Social Security. With a record 11.58 million students forecast to graduate in 2023, policy should focus on supporting new and recent university graduates, through measures such as providing social security and training subsidies. Authorities should continue to implement macro and fiscal policy to support stable employment. Wang's comments were reported by the Shanghai Securities News.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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