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China allocates 66.7 billion yuan for employment support in 2024

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China allocates 66.7 billion yuan for employment support in 2024

2024-10-12 15:08 Last Updated At:10-13 02:27

China has allocated 66.7 billion yuan (about 9.4 billion U.S. dollars) this year to support employment as the country steadily enhances its ability to secure livelihoods.

At a press conference in Beijing on Saturday, China's Minister of Finance, Lan Fo'an, detailed the central government's fiscal measures to strengthen support for key areas like youth employment and education.

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China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

"Since the beginning of this year, the central government has allocated 66.7 billion yuan (about 9.4 billion U.S. dollars) for employment support, helping local areas assist key groups like college graduates and improve vocational training. Besides, from January to September, education spending nationwide has exceeded 3 trillion yuan (about 425 billion U.S. dollars)," said Lan.

The country also faces challenges associated with an aging population. China's population aged 60 and above reached nearly 297 million in 2023, accounting for 21.1 percent of the total.

Lan stressed that the government is committed to enhancing services for seniors, including an increase in basic pension. Already, subsidies for residents' basic medical insurance have been improved.

"Basic pensions for retirees will be increased by 3 percent nationwide, greatly raising the minimum standard for basic pensions for both urban and rural residents. The annual fiscal subsidy for basic public health services will rise to 94 yuan (about 13 U.S. dollars) per person, and the annual subsidy for basic medical insurance for urban and rural residents will increase to 670 yuan (about 95 U.S. dollars) per person," said the minister.

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

China allocates 66.7 billion yuan for employment support in 2024

A wildfire that engulfed part of a forest in Shantou City of south China's Guangdong Province on Sunday has been extinguished after 17 hours of concerted efforts by multiple departments including emergency response, firefighting and public security units.

Villagers living at the foot of Xianglu Mountain were the first to notice the fire erupting on its slopes.

"It looked far away and I thought it was just someone burning garbage," recalled one villager.

Upon discovering the fire, local authorities immediately organized personnel to combat the flames, with mobilization of over 200 rescuers from surrounding areas to assist in the firefighting efforts.

"We were divided into two to three groups, with one conducting regular firefighting and another using water pumps to extinguish the fire," said one rescuer.

Given the rapid spread of the fire, local officials also called in aerial support with helicopters to aid in extinguishing the blaze. Furthermore, many personnel organized by local grassroots departments were actively involved in the firefighting efforts.

By 06:00 on Monday, the wildfire was finally extinguished without causing any casualties. The dry climate in winter increases the risk of forest fire in the region. However, the cause of the forest fire is still under investigation.

Wildfire extinguished in south China's Guangdong after 17 hours of efforts

Wildfire extinguished in south China's Guangdong after 17 hours of efforts

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