One of China's top leaders has painted a grim picture of the job market in the world's most populous nation, as widespread Covid lockdowns slam the brakes on the economy.
Chinese Premier Li Keqiang — the No. 2 in the hierarchy of China's ruling Communist Party — called the employment situation"complex and grave."In a statement on Saturday, he instructed all levels of government to prioritize measures to boost jobs and maintain stability. These measures include helping small businesses survive, supporting the internet economy, providing incentives to encourage people to start their own business, and giving unemployment benefits to laid-off workers.
More than two years into the pandemic, President Ji Xinping is doubling down on his stringent zero-Covid policy even as the rest of the world tries to learn to live with the virus. It involves mandatory mass testing and strict lockdowns.Xi said on Thursday that China would punish anyone who questions these policies.
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