Only 33 percent of the 2,200 surveyed companies increased investment in the first quarter – the lowest percentage in the survey five-year history.
Just under a quarter, 23 percent of the companies increased their workforces during the period. It is half as many as in 2012, when records began.
China’s Premier Li Keqiang said Thursday that employment was stable during the first two months, with an unemployment rate of around 5.1 percent. But many believe the real unemployment rate is much higher.
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