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China's provinces trim thousands of government jobs to spend more on Beijing's science and control priorities

Facing budget blowouts and new policy directions, local governments are finding ways to shed ‘iron rice bowl’ positions without mass redundancies. ....

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China's central bank slashes benchmark lending rate to stimulate economic growth

In efforts to stimulate the economy amid increasing inflation, China's central bank has cut a key benchmark lending rate. ....

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China employment pressure 'worsening' this year in absence of solutions to shore up jobs

Analysts continue to call for more aggressive stimulus measures to invigorate the job market, after employees saw salaries suffer their biggest quarterly decline in years across dozens of major Chinese cities. ....

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China jobs: youth-unemployment rate returns, adjusted, stands at 14.9%

China’s jobless rate for 16 to 24 age group stood at 14.9 per cent in December 2023, the National Bureau of Statistics said on Wednesday, with the release of the data having been suspended in July. ....

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China GDP: Beijing's long to-do list to boost economy in 2024

China’s economy grew by 5.2 per cent year on year in 2023, hitting its annual economic growth target following a 5.2 per cent expansion in the fourth quarter, data released on Wednesday showed. ....

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