中国将拨付1000亿人民币安置下岗工人
China's central government has said that 100 billion yuan will be allocated over two years, to help workers who are made redundant as a result of industrial restructuring.
中国政府表示，未来两年内将会拨付1000亿元人民币帮助因产业结构调整而下岗的工人。
The announcement came as further details were given about how the government planned to cut back on overcapacity as part of supply side reforms.
Cutting overcapacity has been listed as one of the five major tasks in China's supply-side structural reform.
The focus has been placed on advancing economic restructuring by reducing the number of ineffective companies and boosting productivity in the more successful ones. A key measure is the removal of what are called Zombie Companies - these are businesses which have ceased operations but have not formally gone bankrupt.
A key concern for planners has been the fate of workers who lose their jobs as a result of the restructuring.
Addressing the problem, the Government has now announced it's putting aside 100 billion yuan, or some 15.3 billion US dollars, to help relocate, transfer and train workers who are affected.