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China Omits Job Goal in Five-Year Plan for First Time in Decades
Key Points
China Omits Job Goal in Five-Year Plan for First Time in Decades China set no numeric target for urban job creation for the first time in at least three decades, in an apparent nod to rising uncertainty over employment as AI spreads through the economy. The government will instead keep new urban jobs at a “considerable scale” in 2026-2030, according to a five-year plan released Thursday by the Ministry of Human Resources and Social Security. Annual targets will be set flexibly based on each...
China Omits Job Goal in Five-Year Plan for First Time in Decades
China set no numeric target for urban job creation for the first time in at least three decades, in an apparent nod to rising uncertainty over employment as AI spreads through the economy.
The government will instead keep new urban jobs at a “considerable scale” in 2026-2030, according to a five-year plan released Thursday by the Ministry of Human Resources and Social Security. Annual targets will be set flexibly based on each year’s conditions, it said.