Premier Li Keqiang highlighted the resilience of China”s market players, numbering over 100 million, as the strongest underpinning for the country to cope with difficulties and challenges during a roundtable with the heads of six major economic organizations on Tuesday.
Speaking at the Fifth “1+6” Roundtable via video link in Beijing, Li said China’s market players and the Chinese people have shown strong resilience in the face of fallouts from the pandemic, which has been the strongest pillar for the country’s economic fundamentals.
China added 10.09 million new jobs in urban areas in the first 10 months of this year, reaching its preset target for job creation this year two months ahead of schedule.
The surveyed urban unemployment rate stood at 5.3 percent in October, and the country has managed to avoid large-scale layoffs, he noted.
The roundtable also brought together World Bank Group President David Malpass, International Monetary Fund Managing Director Kristalina Georgieva, World Trade Organization Deputy Director-General Alan Wolff, International Labor Organization Director-General Guy Ryder, Organization for Economic Cooperation and Development Secretary-General Angel Gurria and Financial Stability Board Chairman Randal Quarles.