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Quarterly APAC Market Report Q3 2020

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11 October, 2020 China Schools Reopened Non-essential Shops Open Bars and Restaurants Open International Travel Allowed From specific countries Arrival Free of Quarantine Localised restrictions in places including Kashgar. Sources https://www.globaltimes.cn/content/1202438.shtml https://www.china-briefing.com/news/chinas-travel-restrictions-due-to-covid-19-an-explainer/ http://english.www.gov.cn/archive/statistics/202010/19/content_WS5f8cfa41c6d0f7257693ddb7.html http://english.www.gov.cn/archive/statistics/202010/25/content_WS5f953f4ec6d0f7257693e6ec.html https://www.shine.cn/biz/economy/2010218121/ China's economy is recovering with 3 rd quarter YOY GDP growth of 4.9%. The IMF has forecast China's full year growth to be 1.9% – the only major economy with a positive growth forecast. The government aims to add over 9 million urban jobs during 2020 and maintain the urban unemployment rate at around 6%. The number of medical device manufacturers has increased by 40% year on year to August. >8.7 million graduated in China 2020. As of September, the Government, public institutions and State-Owned enterprises have created more than 700K graduate jobs than last year taking the total number to 2.8 million. China Institute for Employment Research(CIER) Index showed that the job market supply to demand ratio in China was 1.89 in Q3 compared with 1.35 in Q2. The Eastern areas of China have better employment conditions than Central and Western regions. Total Workforce 781M % Unemployed (Sept) 5.4%* Unemployed Workers 42M * Urban unemployment rate * Urban unemployment rate Labor Force (in thousands) and Unemployment Rate by Month Most Recent Workforce Statistics Employment Situation Manpower Q4 Employment Outlook Survey (MEOS) Youth Employment Situation Total Covid-19 Deaths (22 nd October 2020) https://www.worldometers.info/coronavirus Covid-19 Restrictions – October 2020

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