China Stats Bureau Spokesperson: Additional Measures Will Be Implemented Alongside Policy Support to Maintain Economic Stability.
China Stats Bureau Spokesperson: China’s Reliance on a Single Market for Trade Has Decreased to Single-Digit Percentages.
China Stats Bureau Spokesperson: Real Estate Market Moving Towards Stabilization.
China's State Council announced a series of measures aimed at stabilizing employment amid ongoing trade tensions. The policy package includes expanding the scope of loans designated to support job retention, increasing social insurance subsidies, and raising the unemployment insurance refund ratio for firms. The government also plans to streamline access to job-stability loans through enhanced cooperation between government and banks, and strengthen monitoring of the employment situation. These initiatives are part of a broader effort to stabilize jobs, enterprises, market conditions, and economic expectations while promoting high-quality economic development. According to a spokesperson from China's National Bureau of Statistics, the overall economic performance in the first half of 2025 remained stable with steady progress. Domestic demand played a key role in driving GDP growth, contributing 52.3% to second-quarter GDP expansion, while trade accounted for 23%. The spokesperson noted improvements in investment structure and environment, a move toward stabilization in the real estate market, and a reduction in reliance on a single market for trade to single-digit percentages. Additional measures will be implemented alongside policy support to maintain economic stability.