The story appears on

Page A7

December 21, 2009

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Nation

Job policies help make a difference

CHINA'S proactive employment policies and measures in the wake of the financial crisis have generated positive results, Yin Weimin, minister of Human Resources and Social Security, said over the weekend.

The country is expected to create more than 11 million jobs this year, well above the target set in March, Yin said.

Yin attributed the job creation to a policy allowing millions of enterprises nationwide to delay payment of enterprise-contributed social security funds for up to six months.

The same measure also temporarily lowered insurance rates for medical, work injury, unemployment and maternity leave.

Yin said this measure alone had eased the burden on companies by nearly 33.9 billion yuan (US$5 billion) in the first 10 months of this year.





 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend