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China’s Steel and Coal Workers Affected by Layoffs to Receive Assistance Package from Central Government

Apr 21, 2016 11:57 PM EDT

As China's steel and coal industries continue to implement layoffs, the Central Government has revealed strategies that will help workers better cope with the challenges of losing their jobs.

3 Percent Increment in Steel Production Could be Short-Lived

China's Steel Industry Expected to Decline Despite Production Upsurge

Maria Crisanta Echeverria |

Apr 21, 2016 07:38 AM EDT

China's steel production in March grew by three percent for the first time since January last year, the National Bureau of Statistics said.

China to Enhance Workers' Welfare, to Rehabilitate 1.8 Million Workers

Rina S. |

Apr 17, 2016 03:37 PM EDT

China is looking to rehabilitate millions of worker potentially to be laid off from steel and coal industries. Following global trends, Chinese steel and coal sector are likely to perform lukewarm. The country has drafted new policies to provide counseling including career guidance to the workers. These sectors are expected to shed off 1.8 million workers.