More than 13 million new jobs for 2014
More than 13 million new jobs were expected to be created in China in 2014, despite slowing economic growth, said a senior official.
China’s registered urban jobless rate will remain at a “relatively low” level, Yin Weimin, China’s human resources and social security minister, said at a work conference, without giving a specific figure.
The new jobs numbers will beat the government’s full-year target of at least 10 million jobs. China’s gross domestic product (GDP) expanded 7.4 percent year on year in the first three quarters.
At the end of September, China’s urban registered jobless rate stood at 4.07 percent, lower than the annual employment control rate of 4.6 percent targeted by the government. China added 10.82 million jobs in the first nine months.