China to boost employment for college grads  

国办部署大学生就业创业：开网店可获担保贷款

国务院办公厅近日印发《关于做好2014年全国普通高等学校毕业生就业创业工作的通知》，部署进一步做好高校毕业生就业创业工作。《通知》提出，2014年至2017年，在全国范围内启动实施“大学生创业引领计划”，帮助和扶持更多高校毕业生自主创业，逐步提高高校毕业生创业比例。[查看全文]

Preferential policies will be granted to encourage college graduates to work at grassroots or start businesses in a move to boost employment, the State Council, China's cabinet, announced on Tuesday.

Graduates that decide to work at grassroots will be provided with tuition compensation or a reduction in their student loan, the State Council said in a statement.

Small-sum guaranteed loans or subsidies will be given to new graduates to open online shops, it said. Small and micro businesses in technology will benefit from similar policies once they recruit a certain amount of college graduates.

According to the statement, state-owned enterprises are required to publish employment information on the Internet to safeguard a level playing field in recruitment.

The authority urged governments at all levels to give top priority to boosting employment among college graduates.

Figures from the Ministry of Education show 7.27 million university students will enter the job market this year, mostly in June and July. The number is 280,000 more than last year.

China has been confronted with a tough employment situation due to slowing economic growth, with an increasing number of jobless people, including college graduates and employees from sectors plagued by overcapacity.