China Pictorial

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Employment in China: Challenges & Countermeasures – How to Create Jobs in China?29.9.2020 13:46:29 CEST | Pressmeddelande

In the process of coordinating epidemic prevention and control and promoting economic development, China is now facing greater employment pressure. This year, there are about 15 million new entrants to the workforce, including 7.49 million college graduates and about three million surplus rural laborers. The pressure caused by the total number of unemployed labor force is still enormous. How can job demand be created, to absorb the unemployed labor force? On April 17, the meeting of the Political Bureau of the Communist Party of China (CPC) Central Committee emphasized the need to increase domestic demand. At present, the coronavirus has spread across the world, overseas market demand is suppressed, and the global supply chain is facing the risk of disruption. Increasing domestic demand is conducive to maintaining the integrity and smoothness of China’s domestic industrial and supply chains and creating favorable conditions for rapid economic recovery. The ongoing fiscal measures to in

How Can China Consolidate Progress in Targeted Poverty Alleviation28.9.2020 08:31:33 CEST | Pressmeddelande

Since the launch of the reform and opening up in the late 1970s, China has seen a sharp decline in the population living in poverty alongside impressive economic growth. According to the World Bank’s poverty standard of US$1 per day, more than 700 million Chinese people have been lifted out of poverty over the past four decades. China is the first country in the world to achieve the poverty reduction goal of the United Nations Millennium Development Goals. In China’s rural areas, the proportion of impoverished people has dropped from over 60 percent in 1990 to below 30 percent in 2002, and further plummeted to 4.2 percent by 2014. During this period, China contributed more than 70 percent of global poverty reduction. According to data recently released by the National Bureau of Statistics, from the end of 2012 to the end of 2018, impoverished population in rural China decreased by 82.39 million—from 98.99 million to 16.6 million, with incidence of poverty dropping from 10.2 percent to
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