China vows in politburo meeting to support firms, workers affected by U. S. tariffs

China vows to support firms and workers impacted by U.S. tariffs, implementing measures to stabilize economy amid trade war.

China's top policymakers pledged to support firms and workers most affected by the impact of triple-digit U.S. tariffs, the ruling Communist Party's politburo said on Friday (April 25, 2025), according to state media.

The politburo, a top policy decision-making body, reiterated plans to accelerate debt issuance, ease monetary policy and vowed to support employers to safeguard jobs, in an effort to maintain stability at home as China hunkers down for a prolonged trade war with the United States.

"The fundamentals of China's sustained economic recovery needs to be further consolidated, and the impact of external shocks is rising," said a state media Xinhua report on the politburo meeting on Friday (April 25, 2025).

"We will strive to stabilise employment, enterprises, markets, and expectations, and respond to the uncertainty of rapid changes in the external environment with the certainty of high-quality development."

The meeting urged preparing for "worst-case scenarios" with sufficient planning, and taking concrete steps to do a good job in economic work, Xinhua reported.

Specifically, the country will increase the proportion of unemployment insurance funds that can be returned to companies that are greatly affected by tariffs, in a bid to stabilise jobs, according to the readout.

"Multiple measures should be taken to help enterprises in difficulty. [We should] strengthen financing support and accelerate the integration of domestic sales and foreign trade," Xinhua reported.