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“Last year, the central government set up a 100 billion yuan ($14.4 billion) fund to help workers and also asked local governments to set up similar funds,” he told reporters after the close of this year’s National People’s Congress session. “Assistance has already been
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The premier said efforts to cut overcapacity will be extended this year to coal-fired power generation.
Together with the people who are still to be re-employed from 2016, he said China will need to help about 1 million workers this year.
“The key is to continue generating jobs,” Li said. “Thanks to the
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He pledged that China will continue to make effective use of central government funds and push local governments and companies to
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