New Quality Productive Forces Set to Boost Youth Employment in Chinese Mainland

Exciting news for young job seekers! Du Yang, director of the Institute of Population and Labor Economics at the Chinese Academy of Social Sciences, shared with CGTN that new quality productive forces are gearing up to drive economic growth in the Chinese mainland and tackle youth unemployment.

So, what does this mean? By improving how labor is allocated and fostering innovation, these new forces will enhance total factor productivity. This boost in productivity is expected to reduce structural unemployment, making it easier for young workers to find their dream jobs.

Innovation is at the heart of this strategy. With a focus on cutting-edge industries and creative solutions, more job opportunities will emerge, tailored to the skills and aspirations of the youth. This not only benefits the economy but also empowers young individuals to thrive in a dynamic job market.

Stay tuned as the Chinese mainland continues to implement these strategies, creating a brighter future for its young workforce and driving sustained economic growth.

Reference(s):

Think tank: New quality productive forces boost youth employment

cgtn.com