The 2024 Chinese government work report set the expected target of new urban employment at "more than 12 million people" The change from "left and right" to "above" highlights China's increased efforts to stabilize employment. China will create 12.44 million new urban jobs in 2023, and it is expected that there will be more than 11.7 million college graduates this year alone.
In a situation where total employment pressure and structural contradictions coexist, it is not easy to achieve the goal.