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12/4, 2:06 PM (Source: TeleTrader)
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China gives economic stimulus to secure jobs - report

The Chinese government intends to implement economic stimulus to secure jobs, responding to piling pressure amid a trade dispute with the United States, CCTV reported after the premier Li Keqiang presided state cabinet meeting on Wednesday.

China plans to raise the availability of start-up loans for small and medium enterprises, as well as to provide one-time cash rewards for people who opt to leave large cities to start a business in smaller communities.

Breaking the News / GA