BEIJING, April 26 (Reuters) - China's cabinet on
Wednesday unveiled plans to stabilise employment, including
supporting financial institutions to offer loans to small firms
and issuing subsidies to some firms that hire college graduates
and unemployed youth.
The State Council, or the cabinet, said China will also
support state-owned enterprises to expand their employee
recruitment scale and will stabilise job offerings at government
departments, according to a statement.
(Reporting by Ellen Zhang and Ryan Woo; Editing by Chizu
Nomiyama)
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