Sunday, October 22, 2017

China needs to create 15 million jobs every year Golez: CHINA'S VULNERABILITY. GLOBAL BOYCOTT THEIR PRODUCTS WILL KILL THEIR ECONOMY

China needs to create 15 million jobs every year
Golez: CHINA'S VULNERABILITY. GLOBAL BOYCOTT THEIR PRODUCTS WILL KILL THEIR ECONOMY @AJENews

Below is a list highlighting 15 of China’s top trading partners in terms of export sales. That is, these countries imported the most Chinese shipments by dollar value during 2016. Also shown is each import country’s percentage of total Chinese exports. From WorldExports.comhttp://www.worldstopexports.com/chinas-top-import-partners/
United States: US$388.1 billion (18.3% of total Chinese exports)
Hong Kong: $292.2 billion (13.8%)
Japan: $129.5 billion (6.1%)
South Korea: $94.7 billion (4.5%)
Germany: $65.8 billion (3.1%)
Vietnam: $61.6 billion (2.9%)
India: $58.9 billion (2.8%)
Netherlands: $57.7 billion (2.7%)
United Kingdom: $56.3 billion (2.7%)
Singapore: $45.8 billion (2.2%)
Taiwan: $40.4 billion (1.9%)
Malaysia: $38.5 billion (1.8%)
Thailand: $37.7 billion (1.8%)
Australia: $37.6 billion (1.8%)
Russia: $37.5 billion (1.8%)

China needs to create 15 million jobs every year

http://www.aljazeera.com/news/2017/10/china-create-15-million-jobs-year-171022103712345.html
Congress of the Communist Party of China [Damir Sagolj/Reuters]
Congress of the Communist Party of China [Damir Sagolj/Reuters]
China needs to create jobs for 15 million people every year and will maintain support for entrepreneurship to help achieve this, the country’s labour minister said on Sunday.
The overall pressure on employment is still very large, head of China’s Ministry of Human Resources and Social Security, Yin Weimin, told reporters, singling out recent university graduates as one group in need of more job creation.
China is confident that it can maintain a stable employment situation despite these challenges, Yin said.
According to the World Bank, China’s 2016 unemployment figures were up by 0.02 from 4.585.
In the last 30 years, China has enjoyed unprecedented economic prosperity with 700 million people lifted out of poverty. The government said it has plans in place to add another 40 million in the coming three years.

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