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China urges local governments to aid the unemployed and struggling families amid economic woes.
China is urging local governments to provide more financial aid to those in need, including the unemployed, jobless college graduates, the ill, and struggling families, ahead of major holidays.
This move comes amid ongoing economic difficulties, primarily due to a property crisis and weak domestic demand, expected to extend into 2025.
The World Bank reports that China's pace of poverty reduction has slowed and is projected to decelerate further in the next two years due to slower economic growth.
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China insta a los gobiernos locales a ayudar a las familias desempleadas y en dificultades en medio de problemas económicos.