China warns the cutting of two million jobs


Chinese authorities announced that in the context of economic reforms in this country wiil remain without a job about two million workers in mining and railway sector, reports Anadolu Agency.

Chinese state media reports that in the context of reforms aimed at solving the problems of congestion and slowdown of economic development, the Government of the most populous country in the world will begin with the removal of the workers in the industrial sector.

Minister of Social Security and Human Resources of China, Yin Weimin announced that these new measures will mostly affect the mining sector in which is planned the removal of 1.3 million workers, and then the sector of steel production in which about 700,000 will remain without work.

Minister Yin Weimin said that this is the first time that the Chinese government takes this step in order to solve economic problems and is expecting the understanding of the public.
China warns the cutting of two million jobs China warns the cutting of two million jobs Monday, February 29, 2016 Rating: 5
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