Minister: China to step up resources, funding to support employment

China will step up resources and funding to support employment in 2025, and strive to build an employment-friendly development model, Minister of Human Resources and Social Security Wang Xiaoping said on Sunday.

Wang made the remarks during a press conference on people's livelihood held by the third session of the 14th National People's Congress in Beijing.

This year's government work report arranges and implements more proactive macroeconomic policies, and promotes more financial resources to "invest in people," which will provide stronger support to economic growth and employment, she stated.

Along with the steady advancement of China's high-quality development, a large number of new technologies, products and scenarios are being applied, diversifying a differentiated consumption potential and effectively stimulating the vitality of various business entities and innovative entrepreneurship. All of these have laid a solid foundation for stabilizing and expanding employment, Wang said, adding that China's employment has got off to a good start this year, as data from the first two months of this year reveals.

In 2025, there will be 12.22 million college graduates, while the number of people lifted out of poverty needs to be maintained above 30 million, Wang said, adding that a large number of rural migrant workers need to achieve stable employment.

Wang urged efforts to build an employment-friendly development model, organize and implement employment support programs, and effectively improve the efficiency of matching people with jobs.

Calling for driving employment through promoting entrepreneurship, she said China will focus on supporting young people's innovative entrepreneurship, and migrant workers returning to their hometowns to start businesses, so as to better unleash the multiplier effect of entrepreneurship in driving employment.

China will roll out a new round of policies this year to support the employment of young people, including college graduates, Wang said, adding that the country will strengthen service training and support for elder migrant workers to promote employment and increase their income.