China Adjusts Five-Year Plan, Omits Specific Urban Job Goal
AI-generated context summary requested by a Free News Reader user. Sourced via Gemini from publicly available information — no paywalled content was accessed.
You hit a paywall. Here’s the context on this topic based on publicly available information. We did not access any paywalled content. View original article.
China Adjusts Five-Year Plan, Omits Specific Urban Job Goal
- For the first time in decades, China's Ministry of Human Resources and Social Security has omitted a specific numeric target for urban job creation in its 15th Five-Year Plan (2026-2030), instead aiming for a "considerable scale" of new urban jobs.
- The plan, unveiled on Thursday, July 9, 2026, by the Ministry of Human Resources and Social Security, sets an urban surveyed unemployment rate target of within 5.5% over the next five years.
Full Summary — powered by AI
China has released its 15th Five-Year Plan for human resources and social security development, covering the period from 2026 to 2030. A notable change in this plan is the absence of a specific numerical target for urban job creation, a departure from previous plans that have set such goals for decades. Instead, the Ministry of Human Resources and Social Security stated on Thursday, July 9, 2026, that it aims to maintain a “considerable scale” of new urban jobs. Annual targets for urban job creation will be set with flexibility, based on the specific conditions of each year.
Despite the omission of a fixed urban job creation number, the plan includes other quantifiable employment goals. It targets an urban surveyed unemployment rate of within 5.5% for the 2026-2030 period. The Ministry also aims to facilitate the reemployment of 25 million unemployed urban workers and provide employment assistance to 6.5 million people facing difficulties in finding work.
The plan emphasizes large-scale vocational training, calling for over 50 million subsidized vocational training opportunities, including 17.5 million for rural migrant workers. Other objectives include issuing 14 million professional qualification certificates and recruiting 35,000 postdoctoral researchers annually. In terms of social security, the plan aims for a basic old-age insurance coverage rate above 95%, with unemployment insurance covering 255 million people and work-related injury insurance covering 345 million. The scale of enterprise annuity funds is projected to exceed 9