China's State Council Information Office (SCIO) convened a high-level press briefing on Thursday, outlining fresh measures to stabilize employment and foster sustainable economic growth. Officials from key ministries emphasized a coordinated approach to address labor market challenges while advancing structural reforms.
The National Development and Reform Commission highlighted plans to expand vocational training programs and support emerging industries. Representatives from the Ministry of Human Resources and Social Security announced targeted subsidies for small and medium enterprises, particularly in manufacturing and technology sectors.
Monetary authorities from the People's Bank of China reaffirmed commitments to maintain financial liquidity for businesses, with special loan facilities for green energy projects. Commerce Ministry officials detailed plans to streamline cross-border trade processes, aiming to strengthen supply chain resilience amid global economic uncertainties.
The briefing underscored China's focus on balancing immediate employment needs with long-term growth objectives, particularly through support for digital transformation and sustainable industries. Analysts suggest these measures could create new opportunities in renewable energy, advanced manufacturing, and e-commerce sectors across Asia.
