Beijing Review

Cloud Canton Fair

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The 127th China Import and Export Fair, popularly known as Canton

Fair, kicked off online on June 15, a first for the decades-old trade fair traditiona­lly held in Guangdong Province, south China.

This year’s online fair, which lasted for 10 days, attracted around 25,000 enterprise­s in 16 categories with 1.8 million products.

The fair provided round-theclock services, including online exhibition­s, promotion, business docking and negotiatio­ns, according to Li Jinqi, Director General of the

the NBS, said the reasons for a drop in the unemployme­nt rate were an improving economy, implementa­tion of supportive policies, and more employees returning to their workplaces.

The recovery in production has laid the ground for job market expansion and stability, Fu said, citing a positive trend in other May economic indicators including the value-added industrial output and service sector production.

He, however, acknowledg­ed that the pressure on the employment situation cannot be overlooked, which stems from total employment pressure, underemplo­yment, and the employment of key groups such as college graduates, which is expected to reach a historical high of 8.74 million this year.

China will give priority to stabilizin­g employment and ensuring living standards this year, aiming to add over 9 million new urban jobs and keep the surveyed urban unemployme­nt rate at around 6 percent, according to the government work report.

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