Econ and Finance - 26 Aug 2020

State Council wants better social assistance

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On Tuesday, the General Office of the State Council released a new directive on how to reform the country’s social assistance program.

Some context:The program, also known as dibao, was first rolled out in 1993 in Shanghai to help citizens with low incomes meet basic living costs. Dibao was then...

Snuh-ohez.

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