China targets better credit access for gig workers to help stabilize employment

China is stepping up efforts to improve access to credit for millions of gig workers, with Ding Xiangqun, minister of the National Financial Regulatory Administration, saying the regulator will encourage financial institutions to develop dedicated, inclusive financial products for new employment groups, such as truck drivers, ride-hailing drivers, food delivery riders, and couriers, to support businesses and stabilize employment.

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