In the city of Ningbo,Zhejiang Province,the lo-govemment has earmarked 10 percent of its ual budget specifically for public services for migrant workers,covering their housing,education and vocational training.This in...In the city of Ningbo,Zhejiang Province,the lo-govemment has earmarked 10 percent of its ual budget specifically for public services for migrant workers,covering their housing,education and vocational training.This initiative has not only improved the lives of migrant workers,but also triggered a ripple effect in the local economy courtesy of their stable employment and consumption.The investment’s impact on GDP growth once achieved a one-to-one ratio,with multiplier elfects in the years to come.展开更多
文摘In the city of Ningbo,Zhejiang Province,the lo-govemment has earmarked 10 percent of its ual budget specifically for public services for migrant workers,covering their housing,education and vocational training.This initiative has not only improved the lives of migrant workers,but also triggered a ripple effect in the local economy courtesy of their stable employment and consumption.The investment’s impact on GDP growth once achieved a one-to-one ratio,with multiplier elfects in the years to come.
