Beijing is determined to stabilise employment ahead of the 20th party congress next month. Photo: AFP
Beijing is determined to stabilise employment ahead of the 20th party congress next month. Photo: AFP
China jobs

China looks to plug job market damage from tech crackdown with more support for internet economy

  • The State Council has promised to scale up support for start-ups and ordered banks to extend special loans to companies in the platform economy
  • China’s official surveyed jobless rate for youth hit a new high of 19.9 per cent in July, above that of the United States and many European countries

Beijing is determined to stabilise employment ahead of the 20th party congress next month. Photo: AFP
Beijing is determined to stabilise employment ahead of the 20th party congress next month. Photo: AFP
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