China achieves the annual target of new employment ahead of schedule

| gov.cn

Xinhua News Agency, Beijing, 14 Nov (Reporter Chen Weiwei and Wang Yuxiao) Liu Aihua, spokesman for the National Bureau of Statistics, said on the 14th that from January to October, 11.93 million new jobs were created in cities and towns across the country. The target of creating more than 11 million new jobs in cities and towns in the whole year was achieved ahead of schedule.

Liu Aihua said at a press conference held on the same day that in October, the unemployment rate of the national urban survey was 5.1%, down 0.1 percentage points from the previous month. Of these, the unemployment rate of the 25-59 age group was 4.6%, the same as last month.

The National Bureau of Statistics released the main economic operation data for October on the same day.

In terms of production, in October, the national service industry production index increased by 6.6 percent year on year, down 0.1 percentage points from the previous month. The service industry grew steadily, and the modern service industry grew relatively well. In October, the added value of industries above the national scale increased by 4.7% over the same period last year, down 1.1 percentage points from the previous month, while the added value of high-tech manufacturing increased by 8.3%, and new industries and new products grew faster.

In terms of demand, retail sales of consumer goods increased by 8.1% from January to October compared with the same period last year, down 0.1 percentage points from January to September. China's investment in fixed assets rose 5.2% from a year earlier, down 0.2 percentage points from January to September. In addition, export growth rose from a slowdown in October.

Liu Aihua analyzed that in October, the overall economic operation was stable, and structural adjustment advanced steadily. At the same time, we should be soberly aware that the current global economic growth is slowing, there are many uncertain factors of external instability, domestic cyclical problems are superimposed with structural contradictions, and the downward pressure on the economy is increasing.

China achieves the annual target of new employment ahead of schedule

| gov.cn

Xinhua News Agency, Beijing, 14 Nov (Reporter Chen Weiwei and Wang Yuxiao) Liu Aihua, spokesman for the National Bureau of Statistics, said on the 14th that from January to October, 11.93 million new jobs were created in cities and towns across the country. The target of creating more than 11 million new jobs in cities and towns in the whole year was achieved ahead of schedule.

Liu Aihua said at a press conference held on the same day that in October, the unemployment rate of the national urban survey was 5.1%, down 0.1 percentage points from the previous month. Of these, the unemployment rate of the 25-59 age group was 4.6%, the same as last month.

The National Bureau of Statistics released the main economic operation data for October on the same day.

In terms of production, in October, the national service industry production index increased by 6.6 percent year on year, down 0.1 percentage points from the previous month. The service industry grew steadily, and the modern service industry grew relatively well. In October, the added value of industries above the national scale increased by 4.7% over the same period last year, down 1.1 percentage points from the previous month, while the added value of high-tech manufacturing increased by 8.3%, and new industries and new products grew faster.

In terms of demand, retail sales of consumer goods increased by 8.1% from January to October compared with the same period last year, down 0.1 percentage points from January to September. China's investment in fixed assets rose 5.2% from a year earlier, down 0.2 percentage points from January to September. In addition, export growth rose from a slowdown in October.

Liu Aihua analyzed that in October, the overall economic operation was stable, and structural adjustment advanced steadily. At the same time, we should be soberly aware that the current global economic growth is slowing, there are many uncertain factors of external instability, domestic cyclical problems are superimposed with structural contradictions, and the downward pressure on the economy is increasing.





















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