Teaching Comparative Government and Politics

Tuesday, December 30, 2008

Economic Policy 9

It's worth noting that a distinction is being made between "registered" urban residents and the "floating population" of migrant workers.

China aims to create 9 million jobs in urban areas in 2009

"Human Resources and Social Security Minister Yin Weimin said here on Monday that China aims to create 9 million new jobs in urban districts next year.

"Yin said China wants to keep the registered urban unemployment rate under 4.6 percent next year...

"Unemployed migrant workers who return home are being encouraged to start businesses. They will get credit extensions, tax breaks, business registration and information consulting service, according to the country's central rural work conference, which concluded on Sunday.

"Ministry of Agriculture figures from 10 provinces and municipalities show that about 7.8 million migrant laborers had returned home earlier than in previous years for the Spring Festival."

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