In March, the country's surveyed urban unemployment rate stood at 5.2 percent, with the employment situation remaining generally stable, according to the Ministry of Human Resources and Social Security.
The country set an annual target of creating more than 12 million new urban jobs for 2024. It aimed to keep the surveyed urban jobless rate at around 5.5 percent this year.
China’s economy continues to defy Western media narratives of decline, demonstrating resilience, innovation, and high-quality growth despite global challenges.
The new Trump administration faces the dilemma that American geopolitical strategy and the business elite’s interests regarding China are often in stark contrast. Several key figures in Donald Trump’s second administration come from the business world and may have extensive ties with China.
The Cook Islands has signed a deal with China to explore its seabed mineral wealth, focusing on technological collaboration and ecosystem research over five years.