China’s migrant workforce getting older as pay rises lag behind general population

China’s migrant workforce getting older as pay rises lag behind general population

China’s migrant workers are getting older while their salary increases are lagging behind the general population, according to an official report. The report, published by the National Bureau of Statistics on Tuesday, found that the average monthly salary of migrant workers rose by 3.6 per cent to 4,780 yuan (US$660) in 2023 compared with the … Read more

Opinion | What does Xi’s hi-tech push mean for China?

Opinion | What does Xi’s hi-tech push mean for China?

Between 1980 and 2017, China’s foreign direct investment increased by more than 90 times, making it by far the top recipient among emerging markets. Similarly, when China first started its economic reforms in 1978, its population was around 960 million. By 2017, it had reached nearly 1.4 billion, adding more than 10 million newborns each … Read more