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    Half Tones

    Fuzhou Subsidizes Businesses for Hiring Unemployed Workers

    Dec 06, 2019

    Authorities in the eastern Chinese city of Fuzhou are incentivizing local businesses to bring in additional talents, both new and old.

    Companies recruiting staff from outside the city, or from a pool of individuals who are experiencing “difficulties finding work,” may be eligible to receive subsidies of 1,000 yuan ($142) per worker, provided they remain employed for at least six months, state news agency Xinhua reported Thursday.

    The new policy — part of Fuzhou’s “Eight Measures to Further Improve the Protection of Human Resources in Business,” introduced last week — further states that companies hiring individuals who have lost their jobs “as a result of market factors” shall be eligible for subsidies of 500 yuan each, and that the total value of subsidies awarded to a single business in the calendar year may not exceed 200,000 yuan. (Image: VCG)