Economic Challenges and Emerging Opportunities in Modern China
2 hours agoBusiness
24LENS
2 SourcesChina
TBNthebalanced.news

Economic Challenges and Emerging Opportunities in Modern China

China faces economic challenges including a property market decline, weak wage growth, and youth unemployment near 17%. Many young graduates experience unstable gig work or opt to "lie flat" instead of seeking jobs. However, a group known as nongchaoer is thriving by engaging in state-supported strategic sectors like artificial intelligence and robotics, aligning with government priorities and benefiting from policy backing amid shifting economic tides.

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