News & Insights Across Asia
China created 12.56 million new urban jobs in 2024, with the employment situation remaining generally stable. The Ministry of Human Resources and Social Security reported a decrease in unemployment rate to 5.1%.
China added 12.56 million new urban jobs in 2024, maintaining a stable employment situation with a 5.1% unemployment rate. Officials plan targeted support programs and initiatives to boost youth employment.
Peru’s Free Trade Agreement with China, signed in 2009, has boosted job creation, particularly in formal employment, according to Julio Perez Alvan, president of the Peruvian Association of Exporters.
Chinese workers at Benban Solar Energy Park collaborate with Egyptians to boost renewable energy and jobs, propelling Egypt toward its vision of becoming a regional clean energy hub.
France announces a record $16 billion in foreign investments, unveiling plans during the ‘Choose France’ summit to create 10,000 jobs and strengthen its position in AI and green industries.
Nobel laureate Christopher Pissarides highlights China’s service sector as a major source of future employment, emphasizing its potential to drive job growth as the market economy develops.