Beijing Announces New Measures to Boost Private Industry As Businesses Take Hit

Beijing Announces New Measures to Boost Private Industry As Businesses Take Hit
A worker is checking drilling tool components at a factory in Xuanhua city in China's northern Hebei province on December 18, 2019. STR/AFP via Getty Images
Nicole Hao
Updated:

The Chinese regime in recent days has signaled a range of measures attempting to boost employment and private enterprises, as it grapples with how to kickstart a slowing economy.

The cabinet-like State Council on Dec. 24 said it would emphasize creating new jobs, safeguarding existing jobs, and make more effort to heed of risks of unemployment.

Nicole Hao
Nicole Hao
Author
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
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