adminChina’s economy is facing several outstanding problems with its economic growth, which will continue to weigh on the job market, Premier Wen said in a speech on employment delivered at a national conference last week.
The full text of the speech was released Sunday by the State Council on the central government’s website.
Wen said the negative impact of the global financial crisis on China’s employment will linger for quite some time, leading to an imbalance between labour supplies and demand.
He said China needs to promote employment while maintaining steady and rapid economic growth.
“We should pay more attention to developing the real economy, encouraging the development of labour-intensive manufacturing industries and the service sector,” Wen said.
China’s economy grew by 7.6 percent in the second quarter of this year, marking the slowest pace of expansion in three years due to sluggish external and domestic demand.
The premier urged authorities to work harder to create jobs, saying that expanding employment is a top priority in ensuring and improving people’s livelihoods. — Xinhua.
Online Reporter
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- July 31, 2026
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