Job initiatives address labor market imbalances
- Posted on July 7, 2026
- By The China Daily
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- 1 min read
Job initiatives address labor market imbalances
China has dramatically expanded its targeted employment programs and industrial alignment strategies as a record 12.7 million college graduates enter the workforce this year. Following the State Council's recent approval of the 15th Five-Year Plan (2026-30) for employment, local governments are expanding funding for initiatives ranging from rural vitalization roles to high-tech manufacturing subsidies to combat structural mismatches in the labor market.
