AIRLINK 172.37 Decreased By ▼ -3.36 (-1.91%)
BOP 13.27 Increased By ▲ 0.15 (1.14%)
CNERGY 7.39 Decreased By ▼ -0.15 (-1.99%)
FCCL 43.56 Decreased By ▼ -0.35 (-0.8%)
FFL 14.88 Decreased By ▼ -0.13 (-0.87%)
FLYNG 26.49 Decreased By ▼ -0.41 (-1.52%)
HUBC 129.61 Decreased By ▼ -0.62 (-0.48%)
HUMNL 13.22 Decreased By ▼ -0.12 (-0.9%)
KEL 4.43 Decreased By ▼ -0.07 (-1.56%)
KOSM 6.04 Decreased By ▼ -0.02 (-0.33%)
MLCF 55.40 Decreased By ▼ -0.63 (-1.12%)
OGDC 212.00 Decreased By ▼ -2.77 (-1.29%)
PACE 5.91 Decreased By ▼ -0.07 (-1.17%)
PAEL 41.02 Increased By ▲ 0.12 (0.29%)
PIAHCLA 16.20 Decreased By ▼ -0.12 (-0.74%)
PIBTL 9.58 Decreased By ▼ -0.17 (-1.74%)
POWER 11.50 Decreased By ▼ -0.26 (-2.21%)
PPL 178.00 Decreased By ▼ -3.48 (-1.92%)
PRL 33.39 Decreased By ▼ -0.83 (-2.43%)
PTC 22.77 Decreased By ▼ -0.29 (-1.26%)
SEARL 94.38 Decreased By ▼ -1.34 (-1.4%)
SILK 1.18 Increased By ▲ 0.04 (3.51%)
SSGC 34.86 Decreased By ▼ -0.59 (-1.66%)
SYM 15.85 Increased By ▲ 0.10 (0.63%)
TELE 7.79 Decreased By ▼ -0.08 (-1.02%)
TPLP 10.86 Decreased By ▼ -0.12 (-1.09%)
TRG 60.75 Increased By ▲ 0.25 (0.41%)
WAVESAPP 10.69 Decreased By ▼ -0.12 (-1.11%)
WTL 1.32 Decreased By ▼ -0.03 (-2.22%)
YOUW 3.76 Decreased By ▼ -0.01 (-0.27%)
BR100 12,027 Decreased By -27.1 (-0.22%)
BR30 36,259 Decreased By -208.1 (-0.57%)
KSE100 113,679 Decreased By -677.3 (-0.59%)
KSE30 35,038 Decreased By -309.1 (-0.87%)

BEIJING: A spokesperson for China’s political advisory body said Sunday the economy, especially youth employment, was of “great concern” to its delegates on the eve of annual legislative meetings in Beijing.

Thousands of delegates from across the country will convene in Beijing on Monday for the start of the ruling Communist Party’s yearly conclave, known as the “Two Sessions”.

The meetings come as the world’s second-largest economy battles a range of challenges from a protracted property crisis to flagging domestic consumption and persistently high youth unemployment.

Liu Jieyi, a spokesman for the Chinese People’s Political Consultative Conference (CPPCC), told a news conference on Sunday that “economic topics are of great concern to our representatives”.

“The employment of young people, especially fresh graduates, is a matter of great concern,” he said.

Beijing reported economic growth of 5.2 percent last year, one of its slowest rates in decades.

Youth unemployment officially stood at around 15 percent at the end of 2023, after the statistics bureau adjusted its calculation methods.

It stopped publishing the politically sensitive figure for several months from last summer as the jobless rate soared well above 20 percent.

Comments

Comments are closed.