Govt to expand its support for job creation, new businesses

Premier: Financial sector should play role in keeping employment stable

China will step up policy support for employment and business startups, create more job opportunities, help market entities emerge and grow, and foster new growth drivers, the State Council Executive Meeting chaired by Premier Li Keqiang decided on Wednesday.

The meeting underscored the fundamental importance of employment to people's well-being, adding that the creation of new businesses can increase the number of market entities and boost employment.

Stable growth is mainly about stable job creation. Local governments must earnestly fulfill their due responsibilities and step up support for employment and business startups, said a statement issued after the meeting.