China targets jobs, wages and training in new 5-year economic blueprint

China has released a five-year blueprint to boost employment, shifting focus to wage growth and expansion of the vocational education system to help drive domestic demand and upgrade industry.Under the plan issued on Friday by the State Council, 55 million urban jobs are expected to be created by 2025 and the official urban unemployment rate capped at 5.5 per cent, compared with over 50 million positions and a 5 per cent jobless rate under the 2016-2020 plan.In a first, the new plan also aims…