The most money invested to stabilize existing jobs

On the afternoon of May 28, after the closing of the Third Session of the 13th National People's Congress, Premier Li Keqiang attended the press conference in the Golden Hall on the third floor of the Great Hall of the People and answered questions from Chinese and foreign reporters.

Regarding the issue of new employment in cities and towns, Li Keqiang said that this year we have determined that there are more than 9 million new jobs in cities and towns, which is indeed lower than last year. Achieving this goal must be supported by certain economic growth.

He explained that we set the urban survey unemployment rate at about 6%. In April this year, the urban survey unemployment rate was already 6%, so we are also seeking truth from facts.

Li Keqiang said that China has a labor force of 900 million. If there is no employment, it will be only 900 million meals. With employment, 900 million pairs of hands can create huge wealth.


He further stated that in order to stabilize existing jobs, it can be said that the policy can be used up and the most money invested. Our large-scale policy funds allow grassroots units to reduce taxes and fees, and allow them to reduce rents and discount interest for enterprises.

At the same time, a policy of subsidizing enterprises to train for stability will also be adopted. 35 million people will carry out job training through unemployment insurance balances this year and next, giving them the opportunity to buffer. Even if you are unemployed, you need to have a chance to re-employ in a short period of time.

In addition, more new jobs must be created. Now the new business is booming, with about 100 million people employed, and our gig economy has 200 million people employed. Not only should more supportive policies be adopted, but measures must be taken to break those unreasonable rules and regulations and allow more new jobs to grow.