CHINA-ECONOMY: ECONOMIC DAILY SAYS CHINA'S POPULATION ENGAGED IN MANUFACTURING DECLINED BY OVER 10 MILLION IN 5 YEARS

The Economic Daily (February 4) claimed that in 2021, 12.69 million new jobs were created in cities and towns, an increase of 830,000 over the previous year and exceeding the annual target. It said the employment situation remained generally stable in the first year of the "14th Five-Year Plan", but that in 2021, the total employment pressure would increase. Data from the China Labor Statistics Yearbook shows that China's manufacturing employment population has continued to decline since 2013, with a decrease of more than 10 million people in the past five years. It said "The evolution of the production model characterized by "machine substitution" has also accelerated the structural contradiction of employment. However, China's manufacturing industry, which is in a period of high-quality development, has also spawned "technology for good". The Economic Times added that China's "population employed in manufacturing declined since 2013, with a decrease of over 10 million people in the past five years" partially because factories were using machines to replace people





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