Employment increasing at healthy rate

This year's Government Work Report mentions employment several times and the State Council, China's Cabinet, has established a leading group on employment, reflecting the government's commitment to creating jobs.

According to the Government Work Report, China aims to create more than 11 million jobs this year and keep the urban surveyed unemployment rate below 5.5 percent and registered urban unemployment rate below 4.5 percent.

The National Bureau of Statistics' latest data show urban employment increased by 7.37 million in the first half of this year. Which means the government has fulfilled 67 percent of its annual target in six months. For the record, the urban surveyed unemployment rate in July is estimated to be 5.1 percent. As such, it is not difficult for China to realize the employment goal set in the Government Work Report. In fact, as long as China's economic growth rate is 6 percent or above, it can create enough demand for labor as well as transition from quantitative growth to qualitative development.