China reports 10.5 million urban jobs in nine months
China announced the creation of 10.52 million urban jobs during the first nine months of 2026, achieving 87.7% of its annual target, while the unemployment rate remains steady at 5.2%. The government is focusing on boosting employment in the service sector and developing skills to keep pace with advancements in artificial intelligence, in addition to supporting university graduates and new jobs in emerging industries. The number of people covered by basic social insurance reached approximately 1.079 billion, with the insurance funds totaling around $1.67 trillion.
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