According to a document published on Thursday by the municipal government, authorities in Hohhot, capital of the Inner Mongolia autonomous region, are planning to build a range of new flats especially for those who have graduated within the past three years. Photo: Alamy

Chinese city Hohhot offers graduates 50 per cent off new homes to attract new talent

  • Inner Mongolian capital targets young talent in bid to breathe new life into its ailing economy
  • And for those who do not want to buy, there is a two-year, rent-free option
Topic |   China economy

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According to a document published on Thursday by the municipal government, authorities in Hohhot, capital of the Inner Mongolia autonomous region, are planning to build a range of new flats especially for those who have graduated within the past three years. Photo: Alamy
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The number of workers hunting for jobs grew 31 per cent in the first quarter from the last quarter of 2018, while demand for staff fell 7.6 per cent. Photo: Xinhua

China’s economic growth unable to boost employment as job market drops to six-year low, says think tank

  • In the first quarter of 2019, the number of potential applicants rose to the highest level since 2011, while demand for staff declined
  • China Institute for Employment Research at the Renmin University of China in Beijing calls for government to introduce more stimulus measures
Topic |   China economy

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The number of workers hunting for jobs grew 31 per cent in the first quarter from the last quarter of 2018, while demand for staff fell 7.6 per cent. Photo: Xinhua
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