Downward pressure on the economy will impact China’s job market, the state planner warned on Tuesday, according to Reuters.
Key quotes
The overall job market is stable, although it faces “new changes”, said Meng Wei, the spokeswoman at the National Development and Reform Commission (NDRC).
From the viewpoint of ‘changes’, the external environment is complex and austere.
Within the changes, there is something to worry about, and there is downward pressure on the economy. To a certain extent, the pressure will be passed onto jobs.
China is capable of keeping its economy growing within a reasonable range.
China will encourage foreign firms to invest in its manufacturing sector.
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