Shandong urges full paid leave to boost economy
1 year, 4 months ago

Shandong urges full paid leave to boost economy

China Daily  

Authorities in Shandong have called on businesses to ensure the full implementation of paid annual leave among staff in a bid to boost consumer spending in the eastern province. Reviving consumer demand and bolstering consumer confidence are key priorities for China's economy for the rest of the year, as the country seeks to drive a consumption-led recovery amid downward pressures, according to economists. "We have paid vacations, but most of us only take five days off a year," said 27-year-old Zhang Zhe, who works in a bank in Jinan, capital of Shandong. Cao Heping, a professor at Peking University's School of Economics, said that the full implementation of paid vacation can help promote consumption in various sectors, such as tourism.

China Shandong  leave  scenic  work  urges  shandong  consumer  paid  consumption  vacations  services  recovery  economy  boost  products

Discover Related