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China Culture & History

China to open 250,000 rural retail shops

China is taking decisive steps to contain social unrest stemming from the slowing economy as many jobless migrants go home to the countryside. Beginning this year until 2010, 250,000 rural retail stores will be set-up to create 775,000 jobs for migrant workers. In recent news, official figures showed that more than 4,000 Chinese toy companies closed last year due to cuts in export demands while an estimated 20 million migrant workers are said to be unemployed.

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