Economy threatened by aging demographic
By Li Xiang | China Daily | Updated: 2011-05-03 07:53
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Employment advertisements at a job fair in Taizhou, Zhejiang province. Some economists have argued that a labor shortage could provide a catalyst to accelerate China's industry upgrade, increase productivity, and transform the nation's growth model. Jia Ce / For China Daily |
Data suggest that labor shortage may arise sooner than expected
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