Date
18 November 2017

GDP must be above 7% to create 12 mln jobs, website says

China will have to maintain the gross domestic product growth above 7 percent this year to create up to 12 million jobs and keep the unemployment rate within 4.6 percent, news website Caijing.com reported Monday, citing Yao Jingyuan, former chief economist at the National Bureau of Statistics. According to the Ministry of Human Resources and Social Security, 13 million new jobs were created in 2013, compared with the official target of nine million, the report said.

– Contact HKEJ at [email protected]

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