Chinese ride-hailing app Didi created 2.9 million jobs in the year to June 30, 2017, helping alleviate the pressure of lay-offs caused by the top-down campaign to cut overcapacity, the researchers found. Photo: EPA

China’s new economy grows twice as fast as GDP and helps offset job losses, says top think tank

Technology-driven sectors are tipped to create a million jobs a year, providing a buffer to lay-offs in traditional fields like steelmaking

Topic |   Technology

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Chinese ride-hailing app Didi created 2.9 million jobs in the year to June 30, 2017, helping alleviate the pressure of lay-offs caused by the top-down campaign to cut overcapacity, the researchers found. Photo: EPA
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