Key takeaways: Retail sales in China have seen a 10.6% increase in March from the same period last year. Urban unemployment rate for people aged…
Posts tagged as “the National Bureau of Statistic”
China has reported its first population decline in decades, with the total number of people in the country dropping by 850,000 in 2022. The decline is attributed to a slowing economy, pandemic lockdowns, the one-child policy, and a traditional preference for male offspring. This poses new challenges for the slowing economy, and the government is now looking for ways to address the issue and ensure the country's long-term economic stability.