Not sure if it's inspired by Gao Shanwen, but it feels like a lot of institutions in China have been dropping some bold reports lately Following the World Bank, Shenyin & Wanguo Securities also released a report titled 'Where Did the Jobs Go?' It states that in 2025, nationwide employment will decrease by 9.35 million, with 7 million lost in the secondary sector (industry), all caused by unemployment in the construction industry Now, a large number of unemployed workers are flooding into low-barrier industries as temp workers, leading to intense competition, declining incomes, and these industries nearing their capacity limits. Meanwhile, the country's push for robotics and AI will further accelerate the contraction of traditional industry employment. If policies to boost domestic demand aren't introduced soon, there could be a risk of an unexpected economic downturn