China has spread their employment support, stimulus plans given us tension

On Monday, Peckin – Great Chinese officials plans to support the plans to support jobs and assist exporters and help exporters by pointing to the opportunity to increase trade tensions with the United States

Tat tariffs for the tact between the United States and China for several weeks increased by more than 100%, To force Chinese factories to stop production and tell some employees to stay at home. Export was a rare spot in China’s economy, it was a unique place that always faces the pressure of consumption and reducing real estate.

“Taking into account the direct connection of labor market stability, social stability and restoration of consumption, Goldman Sachs said Goldman Sachs Analysts said in Sunday’s report. About 16 million works in China are involved in the production of goods exported to the United States

On Monday, the authorities admitted the impact of trade tensions in export companies. China repeatedly stressed that the consumption is a priority for the year. However, the press conference on Monday has made more efforts to stabilize employment.

Briefing after the Ministry of Human Resources announced on Friday Subsidies for companies that hire the latest graduatesBut it did not show an amount. Monday, encouraging the words, entrepreneurship, prepare professional skills and spoke about the plans to better disseminate salaries in areas with “emergency”.

China will provide financial support to exporters, so “more confidence in ordering orders”, “Trade Minister’s deputy told Mandarin.

He pointed out the latest measures to help the National Development and Reform Commission together with the Economic Planning Agency to help exporters sell and reduce operating costs such as renting.

Sheng, economic planners, met with high officials of the Central Bank and Human Resources.

On top of existing employment pressures, Record 12.22 million Higher education graduates enter China’s work market this year 430,000 from a year agoaccording to official figures.

Among those between the ages of 16-24, China’s unemployed rate, except for students, 16.5% stood at a high level in March. National Bureau of Statistics. He noted a modest dip from 16.9% in the previous month. General Unemployment Ratio for the elderly population working in cities Facilitated up to 5.2% in March 5.4% of the two-year height in February.

The People’s Bank of China tends to cut the rates when the labor market is soft. By the end of September, China estimates that 50 key points or cash points for the ratio of resources requirement are 50 key points.

Chinese officials have commented on Monday, followed by a high-level politics meeting on Friday Target measures to help businessesand said that the central bank will cut the ratios if necessary.

China is confident that it can reach about 5% increase, and the macroeconomic situation will apply increased incentives for changing the macroeconomic situation, and the Deputy Head of the Economic Planning Agency for Journalists Zhao Chenxin.

It was stressed that the policy of creating the consumption and create a state-level technological development fund until the end of June.

Beijing has spread economic support since late September, but so far there are many investors in a large-scale stimulus. The gross domestic product increased by 5.4% in the first quarter a year ago.

“We think politicians are more clarified around the tariff effect before the more sweeping stimuli,” Loo, the Oxford economy said on Monday. “The second quarterly general domestic product” is more likely to reduce exports and is more likely to prevent exports. “