The government of East China's Jiangsu province on June 17 unveiled an action plan comprising 12 measures to help college graduates find employment.

According to the action plan, micro, small and medium-sized enterprises that sign employment contracts spanning more than a year with this year's graduates will receive subsidies, while companies that purchase unemployment insurance for graduates will receive another 1,500 yuan ($224.02) per person. The policy will be effective until Dec 31, 2022.

Private companies that offer a large number of regular jobs will also be entitled to low-interest loans.

The plan also states that no less than 50 percent of vacant positions at State-owned enterprises and 10 percent of public servant jobs should be reserved for college graduates.

Employment-related authorities have been urged to provide each unemployed graduate with guidance on career planning, three job recommendations, and one training or internship opportunity.

College graduates from areas severely affected by the COVID-19 pandemic have been permitted to become teachers at kindergartens, primary and middle schools, and secondary vocational schools before they receive their certificates. Meanwhile, graduates with disabilities, those from impoverished families and those who remain unemployed for a prolonged period will receive 1,500 yuan in subsidies.

This year, the Jiangsu government is planning to hire more than 2,000 graduates who will provide services related to areas such as education and healthcare in departments at the basic level. Students who work for departments below the county level in northern Jiangsu for more than three years will also receive tuition subsidies.