Shanghai companies train staff amid storm

SHANGHAI: Local enterprises and trade unions are working aggressively to limit unemployment following the central government's call for domestic firms to nurture confidence in the face of the global financial crisis.

More than 200 local enterprises, mostly technology and manufacturing companies, promised recently not to lay off employees during the crisis but instead invest more in training and technological innovation.

The move, initiated by Shanghai Minhang district federation of trade unions, is designed to help local enterprises cope with the global economic turmoil and maintain stable social and economic development.