Successive cohorts of PRC university graduates passed 10 million for the years 2022–25, becoming the majority of candidates for urban jobs. Yet despite high unemployment among young adults, firms struggle to recruit qualified ‘talent’. To solve the mismatch, Beijing is rethinking tertiary education.
A new tool in Beijing’s scitech financing kit has emerged. A pilot, allowing financial asset investment companies (AICs) to engage in direct equity investments, was expanded during the Two Sessions 2025. AICs can now set up subsidiaries in 18 provinces and invest 10 percent of their assets there. Insurance funds, ever a target of expanding patient capital, may now invest in AICs, providing a new fundraising channel for their investment operations.
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Beijing reshapes higher ed for strategic industries
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end in sight for ‘base+’ budgeting?
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Beijing’s currency gameplan
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calling on the banks
monitoring
recent commentary
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growth modelNPC legislative agendadraft legislation and trendsexternal law...read more15 May 2025
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ag bankingfarm upscalingnon-tariff barriersag market accessag industrialisationag subsidiesag riskfood security strategyfood consumptionfeeddairymeat...read more15 May 2025
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growth modelcentral budget...read more14 May 2025
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watersoilecological civilisationprotected area systemenvironmental lawbiodiversityrubbish and solid waste pollutionmarine environmentforestswildlife...read more13 May 2025
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Ren Zepingmacroeconomist and Vice President of the China Private Economy Research Association, Chief Economist at Zhongyuan Bank YuWa Population Research
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Tu XinquanUIBE (University of International Business and Economics) WTO Research Institute director
analysis
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