November 05, 2024 19:15 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
COVID-19, aging population disrupting China's attempt to stabilise market in 2022
Chinese Economy | COVID-19
Image: Representational photo by Pixabay

COVID-19, aging population disrupting China's attempt to stabilise market in 2022

| @indiablooms | 29 Dec 2021, 12:10 am

Beijing: COVID-19 spike and fast aging population have emerged as the new threat for China to fight the task of stabilising employment next year, media reports said.

The country must also ensure enough jobs are created for young people and new graduates, while solving structural unemployment, said the Society of China Analysis and Forecast (2022), an annual report published last Friday by the Chinese Academy of Social Sciences (CASS), according to South China Morning Post.

China’s job market is yet to recover to pre-pandemic levels, the report said.

Official data showed 12.07 million jobs were created in the first 11 months this year, fewer than the 12.79 million over the same period in 2019, the newspaper reported.

The Chinese mainland on Monday reported 182 new locally transmitted COVID-19 cases, the National Health Commission said in its daily report on Tuesday.

Of the new local cases, 180 were reported in Shaanxi, and one each in Zhejiang and Yunnan, the commission said.

There were 27 new imported cases in 10 provincial-level regions, according to the commission.

No new suspected cases and new deaths from COVID-19 were reported on the day, it added.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia 22 Mar 2023, 02:56 pm
Related Videos