Chinese School - China's urban unemployment rate declined for the first time in 10 years Home Business China International Culture��Edu Sci��Tech Sports Life Travel P hotos ��Search China Observer �� Why are Chinese disinclined to show wealth? �� Rapid growth in China's foreign reserves is rational �� RMB Appreciation to create its own bubble? Photos �� Beijing offers "a hundred chicken" dinners �� Jinan: gold coins with red cords in great demand �� Guangzhou: environment-friendly electric patrol cars ��Home>>China China's urban unemployment rate declined for the first time in 10 years www.chinanews.cn 2005-01-28 16:50:06 Chinanews, Jan. 28 - China's registered unemployment rate in urban areas was 4.2% in 2004, down 0.1 percentage point from the previous year, 0.5 percentage points lower than the estimate made at the beginning of the year. It is the first decline in the past ten years. According to the National Bureau of Statistics (NBS), unemployment rate is one of the four objectives of the macro controls. The decline in registered unemployment rate in urban areas could be attributed to the healthy development of the economy and the effort made by all government agencies and other organizations. 9.8 million jobs were newly added in urban areas in 2004, 800,000 higher than previously estimated. E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax: 8610-68327649 Copyright� 2004 Chinanews.com. All rights reserved. Reproduction in whole or in part without permission is prohibited. Disclaimer: viewpoints in the website do not represent China News Service Learn Chinese, Chinese School