Chinas Economics

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…them will enter the labour market. As the reform of the state-owned enterprises continues and the economic restructuring speeds up, it is estimated that the registered unemployment rate will be 3.5%. China is speeding up the development of its economy to create more employment outlets and to deepen labour market reforms. The government is also thinking of building of a social security system that will improve the standards of living among people in the future. (Roy 57)