China's New Employment Guidelines: Prioritizing Jobs for Socio-Economic Growth

China's cabinet announced new guidelines to promote high-quality employment, emphasizing its priority in socio-economic development. The guidelines call for the coordination of fiscal, monetary, and industrial policies to enhance job creation and labor reward growth.

China's cabinet on Wednesday unveiled new guidelines aimed at enhancing high-quality and sufficient employment, with a commitment to prioritize job creation amid socio-economic development, reported state media.

The guidelines emphasize the promotion of fiscal, monetary, and industrial policy coordination to enhance employment as a cornerstone of development.

This initiative aims to ensure reasonable growth in labor rewards, intending to strengthen job creation efforts across various sectors.

(With inputs from agencies.)