China's Ministry of Human Resources and Social Insurance revealed that China's economy created about 6.98 million new jobs in urban areas during the first half of this year.
The urban unemployment rate last month remained at 5 percent. The employment situation in these areas has also generally stabilized. China aims to create more than 12 million new urban jobs this year, aiming to keep the urban unemployment rate at just 5.5 percent. This comes as the growth rate of the Chinese economy declined during the second quarter of this year compared to the first quarter and analysts' expectations.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
