Posted 1/9/2024, 3:00:12 AM
Dongguan Offers $84,000 Bonuses to Companies Maintaining Output Over Lunar New Year
- Chinese city Dongguan offers large subsidies up to $84k to companies to maintain production over Lunar New Year holiday
- Seeking to minimize disruption and ensure strong economic start to the year
- Will provide bonuses for companies that keep full production in February
- Offers transport subsidies and recruitment incentives to attract migrant workers back after holiday
- Part of China's efforts to support industrial output and GDP growth in challenging economic conditions