The current employment situation in China is closely related to the transformation of the country’s labor market.
China will maintain a good balance between controlling risks and stabilizing economic growth.
After the law is promulgated and implemented, the registration procedures for foreign businesses will be reduced and the time required will be shortened, bringing great convenience to foreign investors.
The remarkable economic achievement did not happen following the Western world’s favored developmental tools, but rather through China’s unique path.
During the seven years after the program was implemented, the central government invested 124 billion yuan in poverty alleviation, and the rural poverty stricken population dropped from 80 million to 32 million.