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According to the latest report released by the national development and Strategy Research Institute of Renmin University of China, although China's economy has grown steadily in general, the downward pressure has not disappeared, and it is worth noting that there are many signs of structural differentiation in the period of macroeconomic downturn, including the increase of employment risks in some regions and industries. In the future, Sino US trade frictions may become a shock to China. A risk point of employment.
The monthly economic data analysis report released by the National Development Institute of the people's Congress later on Monday pointed out the current structural differentiation problems, such as the intensified differentiation of manufacturing industry and service industry, the slowdown of the upgrading trend of the internal structure of manufacturing industry and service industry; the greater decline in the growth rate of high-tech and mechanical and electrical products in foreign trade; the dependence of total demand growth on net foreign demand rose again, "recession like smooth" Poor growth "reappearance, etc.
"The economic and trade relations between China and the United States have been temporarily eased, but the relevant contradictions have not been resolved. The tariff action of the U.S. government has only been postponed and has not been cancelled. The impact of the implemented tariff action on China's employment has not been fully revealed." Yu Chunhai, a professor at Renmin University's School of economics, said at the conference.
He pointed out that the existing calculation based on the profit margin of sales in various industries shows that the negative impact on employment will be exposed quickly if the range of tariff increases reaches the threshold of 21-24%.
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