WATCH: China is issuing debt to fund big infrastructure projects and local governments are urged to speed up projects and create jobs for migrant workers, as the world’s second largest economy tries to turn the economic tide
A man walks in front of the skyline of the Central Business district in Beijing, China, July 14, 2022. REUTERS/Thomas Peter
There is still considerable room for policies, such as financing instruments via policy banks, to play a role in boosting investment, the cabinet was quoted as saying. At the end of June, 90.7% of migrant workers who returned to the provinces had found jobs, an official at the agriculture and rural affairs ministry said this week, without giving a specific number for those who remained jobless.
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