China Omits Specific Urban Job Target in New Five-Year Plan

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-10
Category: world
Source: Financial Times
Original source

China has notably removed a concrete urban employment target from its latest five-year economic plan, a significant shift after decades of setting numerical goals. This decision by the Ministry of Human Resources and Social Security suggests an acknowledgment of increasing economic pressures within the nation. Instead of a specific number, the plan now aims to "maintain" new urban jobs at a "considerable scale."

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