China creates over 12 million urban jobs in 2023 ...Middle East

BEIJING: China created a total of 12.44 million jobs in its urban areas in 2023, official data showed Wednesday, reported Xinhua.Last year’s 5.2 per cent growth in gross domestic product was pivotal to job creation, with the service sector leading the economic recovery, Yun Donglai, an official with the Ministry of Human Resources and Social Security, told a press conference.The country has scaled up policy support for employment, with financial assistance from central and local governments exceeding 300 billion yuan (about US$42.2 billion) throughout 2023, Yun said.In the subsequent steps, the country will maintain employment as its top priority by increasing fiscal subsidies and tax incent

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China creates over 12 million urban jobs in 2023 ...Middle East

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