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China News: Chinese President Xi Jinping has issued a directive to cultivate new sources of employment and address the growing challenges in the job market.

President urges the record batch of upcoming graduates to seek employment in grass-root organisations, rural areas and small businesses, as greater emphasis is placed on supporting the private sector.

China has named a group of state enterprises as its pioneers for tech development, pledging support but also raising questions over whether the behemoth state sector is the right incubator for future industries.

As China prepares for its annual legislative sessions, the methods used last year to prop up economic growth appear less reliable than before, prompting calls for a large-scale re-evaluation of policies and prospects.

A short ban on ride-hailing services at one of China’s busiest airports has generated concerns that other ‘sweeping’ regulatory moves could be in the pipeline, throttling consumer confidence and blunting economic growth.