Chinese Premier Li Keqiang vows to create at least 11 million jobs this year, Caixin Global reports, to keep employment steady in the country’s changing economy.
China’s working-age population is set to grow by about 15 million in 2018, with record levels of university graduates looking for work. There are also structural issues as the Chinese government forces industry cuts to limit overcapacity, leaving millions of labourers jobless.
In a news conference with reporters in Beijing, Li said that “We must strive to guarantee jobs for them and should absolutely not allow families where no member is employed to exist,”, adding “this requires to create more jobs, particularly by nurturing new industries.”
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