For the first time, Beijing has given jobs growth the same prominence as its monetary and fiscal policies in managing the economy. Photo: EPA-EFE For the first time, Beijing has given jobs growth the same prominence as its monetary and fiscal policies in managing the economy. Photo: EPA-EFE
For the first time, Beijing has given jobs growth the same prominence as its monetary and fiscal policies in managing the economy. Photo: EPA-EFE
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

China faces difficult balancing act over private sector growth

  • As Beijing looks to create 11 million new jobs this year it cannot rely on internet firms that are laying off staff, so it must turn to innovative companies focused on science and technology

For the first time, Beijing has given jobs growth the same prominence as its monetary and fiscal policies in managing the economy. Photo: EPA-EFE For the first time, Beijing has given jobs growth the same prominence as its monetary and fiscal policies in managing the economy. Photo: EPA-EFE
For the first time, Beijing has given jobs growth the same prominence as its monetary and fiscal policies in managing the economy. Photo: EPA-EFE
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SCMP Editorial

SCMP Editorial

Editorials represent the views of the South China Morning Post on the issues of the day.