LINE

Text:AAAPrint
Economy

China's service sector creates more jobs: report

1
2017-03-30 09:09Xinhua Editor: Gu Liping ECNS App Download

China's growing service sector has provided a growing number of jobs as a result of economic restructuring, according to the National Bureau of Statistics (NBS).

In 2016, the service sector employed 43.5 percent of China's workforce, up from 36.1 percent in 2012, a report posted on the NBS official website said on Wednesday.

Private firms have become the main source of new jobs, the NBS said. The share of state-owned enterprises, however, witnessed a drop of 5.4 percent year on year as of the third quarter last year.

In job creation, small enterprises outperformed medium and large ones, while the south beat the north, the report said.

During the 2012-2016 period, every percentage point of GDP expansion means 1.72 million new non-farm jobs in China, it added.

China created 13.1 million new jobs for urban residents last year. The registered unemployment rate in Chinese cities stood at 4 percent at the end of 2016.

 

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.