Search results
Results from the WOW.Com Content Network
This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially able) not to work, supported by ...
China’s unemployment rate for 16-to-24-year-olds reached a staggering 21.3% in June 2023, ... wrote in a research report last year that China’s services sector, private companies and small and ...
China's labor market was highly regulated and dominated by state-owned enterprises, with an average unemployment rate of 3.7 per cent between 1988 and 1995, but this rose sharply after numerous lay-offs between 1995 and 2002, reaching an average unemployment rate of 9.5 per cent between 2002 and 2009. [2] These changes had the greatest impact ...
In China a full 78.3% of the urban labor force were employed in the public sector by 1978, the year the Chinese economic reform was launched, after which the rates dropped. Jin Zeng estimates the numbers were 56.4% in 1995 and 32.8% in 2003, [6] while other estimates are higher. [7] [8] [9]
That unemployment rate had previously climbed to records above 20%. China also reported fourth-quarter GDP figures, which were slightly below expectations, bringing 2023 growth to 5.2%. GDP for ...
The entity maintained the #3 position in 2023, just behind Walmart and Saudi Aramco. 5 China National Petroleum Corporation: $483,019.2 1,087,049 China's primary state oil & gas entity. CNPC was overtaken by Amazon and slipped from #4 to #5 in 2023. 6 Sinopec Group: $471,154.2 527,487 China's second-largest state-owned fossil fuel company.
China’s consumer and factory activity weakened in May and record-breaking unemployment among young people in cities rose as an economic rebound following the end of anti-virus controls slowed.
The Industrial and Commercial Bank of China was both China and the world's largest company by assets in 2021, with over US$5.5 trillion in total assets. [2] This article lists the largest companies in China in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.