State Council approves employment plan
Premier Li Qiang chaired a State Council executive meeting Friday to review employment work and approve the 15th Five-Year Plan for the implementation of the employment-first strategy.
The meeting also discussed efforts to advance new industrialization and develop future industries.
Dreame reportedly under government inspection
In response to rumors that a district in the Yangtze River Delta region is requiring firms to report their partnerships with Dreame Technology, a company insider reportedly said it is a routine local government inspection. Dreame did not immediately respond to a request for comment.
The Weibo account of Dreame CEO Yu Hao was banned Friday from posting.
NEWS SUMMARY
China’s services trade grew 4.9% year-on-year to 2.48 trillion yuan in the first four months of the year, according to the Ministry of Commerce.
ByteDance said it has no plans to manufacture cars or launch an automotive brand.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
