China’s Employment Surge: 6.98 Million Urban Jobs Added in First Half of 2023

China announced the creation of 6.98 million new urban jobs in the first half of 2023. The human resources ministry highlighted the overall stability in the employment sector and emphasized efforts to promote youth employment and job stability. Special loans and new strategies will support continued job growth.

China announced on Tuesday the creation of 6.98 million new urban jobs in the first half of the year, according to the human resources ministry.

During a press briefing, the ministry also stated that the 'employment situation is generally stable' and highlighted initiatives for job stabilization, including special loans for job preservation and expansion.

The ministry emphasized the importance of intensifying efforts toward youth employment and entrepreneurship, particularly targeting college graduates.

(With inputs from agencies.)