China’s cabinet on Friday vowed to stabilise employment and foreign trade “in the face of a complex and severe external environment,” state media reported.
The cabinet vowed in a meeting to boost domestic demand, step up counter-cyclical adjustment, and stabilise the stock market, according to state broadcaster CCTV.
The government will also support the consumption of services in areas such as elderly care, childbirth, culture, and tourism, and support foreign companies to reinvest in China.
