2026-11-12
In its 2026 budget document, Yan'an University proposed measures to resolve its financial distress. With a sharp decline in the proportion of fiscal appropriations, the university has begun to assign revenue generation and funding targets to ordinary teachers.
2026-11-12
Universities are requiring retroactive audits of corporate participation in teaching and graduation projects over the past three years, triggering a survival crisis for faculty unable to trace records or meet the indicators.
2026-11-10
A large Maersk container ship, the 'CMA CGM CINCINNATI', lost control while berthing at Yantian Port, crashing into the dock and causing a large quay crane to collapse into the container yard.
2026-11-09
The first report meeting on studying and implementing the spirit of the Fifth Plenary Session of the 20th Central Committee was held in Beijing. Netizens have been discussing the venue layout and the sitting posture of Zhang Shengmin when he met with members of the lecture group.
2026-11-04
On November 4, a netizen posted that after paying social security in Shenzhen for 20 years and just retiring, their monthly pension is only 1,989 yuan.
2026-10-22
On October 22, the CSI 300 index closed down 1.84%, falling about 20% from its June high and entering a technical bear market; according to Bloomberg, the STAR 50 and ChiNext indices have both fallen about 40% in the second half of the year, and analysts believe the national team may need to buy more and for longer.
2026-10-22
According to a report by Yicai on October 22, from January to September 2026, nationwide urban and rural residents' household electricity consumption was 123.46 billion kilowatt-hours, down 0.3% year-on-year — the first decline for the same period in nearly ten years.
2026-10-22
A blogger posted a video of interviews at a night market. The stall owners’ fields of study included environmental monitoring, auto repair, finance, preschool education, and garment patternmaking. Netizens commented that the promise of education changing one’s fate had fallen flat.
2026-10-22
A netizen living in Shanghai shared a bay-window bed in a partitioned rental room, with a monthly rent of 500 yuan and a 2-yuan fee per use of the bathroom; in the same room, the large bed rents for 2,300 yuan a month and the small bed for 300 yuan, sparking heated discussion among netizens.
2026-10-21
In the video, multiple netizens and audio recordings reflect the severe economic pressures they currently face, including middle-aged unemployment, heavy debts, mortgages they can no longer sustain, and factory closures.
2026-10-20
On October 20, a netizen posted a video sharing the plight of a sharp drop in income, with his monthly salary falling from 4,800 yuan in 2021 to 2,800 yuan now. He mocked himself for having become a joke, and at the end of the video his eyes filled with tears. Many in the comments section said they were unemployed or had been owed wages for months.
2026-10-17
On October 17, the Zhengzhou government reported a tragic incident in which an entire family died together because they could no longer get by in life.
2026-10-15
According to a Voice of Hope report, on October 15, 2026, in a certain place in Yunnan, the owner of a fruit stall mounted on a small truck, unable to bear the pressure of life due to poor financial circumstances, dumped an entire truckload of fruit onto the road and ran it over with his truck to destroy it. The incident reflects the despair and survival plight of ordinary people at the bottom of society under the current severe economic situation.
2026-10-14
On October 14, a netizen in Guangdong posted a video pouring out the last bit of rice left in the rice jar, captioned with the question "Should I buy rice first, or pay social insurance first?" Netizens in the comments section hotly debated the pressure of making a living.
2026-10-14
On October 14, a Douyin blogger posted a video showing a strivers' hostel in Shenzhen that charges 14 yuan per night and has 8 beds. Most of the guests are college graduates looking for work; some have stayed for months, and late at night some guests are still out working and have not returned.
2026-10-14
On October 14, a middle-aged netizen who was about to lose his job for the second time posted a video saying he was unemployed, in debt, and facing a marital crisis, saying “It’s too hard, I can barely hold on.” Netizens left comments sharing similar situations and encouraging him.
2026-10-12
On October 12, a netizen posted a social insurance payment bill showing a payment of 2,785.43 yuan in social insurance fees to the Shenzhen Municipal Tax Bureau via Alipay's Huabei, and said it could be paid in installments; the netizen also found that records of paying social insurance via Huabei in Shenzhen, Guangxi, Jingdezhen and other places had existed since 2022.
2026-10-11
On October 11, a Douyin blogger posted an animation in which a mole gets beaten in a whack-a-mole machine to earn money and support its family, with the caption "the pillar of the family, the offcut of society." The video received more than 170,000 likes and over 60,000 shares, and netizens in the comments section left messages mocking themselves.
2026-10-02
On October 2, hairy crab markets in various regions saw severe unsold inventory and a full-blown collapse, with buyers one after another halting purchases. Prices fell from their highs and kept sliding, reflecting people tightening their belts and trading down in consumption.
2026-10
IELTS tests are being cancelled at short notice on a large scale in many parts of the country; some candidates are already on their way and have printed their admission tickets, and the reason remains unknown.
2026-10
A 35-year-old job seeker stated that last month, while working a part-time job sorting fresh food, they worked for 6.5 hours, picked 150 orders totaling 250 items, earned about 100 yuan, and were treated with impatience by colleagues multiple times.
2026-10-01
The National Defense Mobilization Law of the People's Republic of China officially took effect on October 1, stipulating that male citizens aged 18 to 60 and female citizens aged 18 to 55 shall legally undertake national defense service duties, including supporting and safeguarding military operations, preventing and relieving the disasters of war, and assisting in maintaining social order.
2026-01
From January to May 2026, Beijing's total retail sales of consumer goods fell by 2.5% year-on-year.
2026-09-26
Simulations and calculations show that, in order to hold to the general budget target, the government's continued intensification of tax collection would make the tax base and corporate profits unable to bear the load, and the moment the red line is burned through falls around October 2028.
2026-01
According to data cited in the video, in the first five months of 2026, China's land transfer revenue fell by nearly 30% year-on-year, a steeper decline than for the whole of 2025.
2026-09-21
Reports on September 21 showed that the unemployment rate among non-student youth aged 16 to 24 in China rose to 18.9%, amid a continuing economic downturn. Although multiple economists have warned that AI is unlikely to drive employment, Beijing still plans to invest approximately $295 billion over the next five years to build a national data center network. Xi Jinping emphasized the importance of focusing on "hard power" rather than just GDP.
2026-09-17
On September 17, Evergrande Auto released its 2026 interim results, showing that the company has only 7 employees left, with total assets of approximately 182 million yuan and liabilities as high as 32.722 billion yuan. The company explicitly stated that it has exited the vehicle manufacturing business and has no intention to resume it, with the net profit for the first half of the year mainly derived from exchange gains on borrowings.
2026-09-10
On September 10, the Yunnan Provincial Department of Transport announced the application status for public institution recruitment. Among them, the "Admissions and Employment Management Post" at the Yunnan Transport Technician College recruited only 1 person, but attracted 5,172 applicants, with 4,953 passing the review and 2,106 completing the payment. This position has no major restrictions and is included in the public institution establishment.
2026-09-11
On September 11, a video circulated online showing a girl searching for and eating leftover food from a trash can, which garnered widespread attention and shares. The comment section for the related video was strictly limited, displaying only 3 comments, while a large number of netizens used bullet comments to express sarcasm and commentary.
2026-09-13
In September 2026, a 38-year-old man said he had just found a job paying 7,000 yuan a month three months earlier, when his supervisor laid him off on the grounds of a company business adjustment, notifying him that he would lose this income starting in October. He felt that, unemployed in middle age, he could barely afford even meals.
2026-09-04
A middle-aged man sold his TV because he had no money for food, saying he was rejected over his age while job hunting and that he had already sold everything in the house that could be sold.
2026-09
A man from Xiushui, Jiangxi, born in 1987, unmarried and childless, with debts of over 1.5 million yuan, surviving on just one meal a day, highlighting the individual survival crisis under economic hardship.
2026-09
Many middle-aged people who were laid off have been unable to find work for a long time, still carry millions of yuan in mortgage and car loans, live under heavy pressure, and face a severe survival crisis.
2026-09
China's National Bureau of Statistics released fixed-asset investment data for January to August. Investment nationwide fell 7.2% year-on-year, while in the Northeast region fixed-asset investment dropped 25.5%, with Liaoning down nearly 30% in the first half of the year.
2026-09
Financial professionals report that some families in Xiamen have had their homes auctioned or seized by courts due to an inability to repay mortgages, falling into a predicament of unstable income and fixed expenses.
2026-09
A number of large companies in the Chengdu area have carried out layoffs, with many people job-hunting for as long as two or three months, while small companies have successively suffered losses and gone out of business, showing the impact of the economic downturn on the city's job market.
2026-09
There has been a significant increase in the number of middle-class business owners in Shandong, Henan, and Hebei inquiring about immigration and applying for passports, which may be related to concerns about the domestic economic outlook.
Location: Hebei, Henan, Shandong ·
Importance III ·
Verification: Reported ·
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2026-09
China's published fiscal data shows that in the first 8 months of 2026, revenue from state-owned land transfers exceeded 1.3 trillion yuan, a year-on-year decline of 28.6%.
2026-09
China's fiscal data show that in the first 8 months of 2026, debt interest payments approached 1 trillion yuan, a year-on-year increase of 5.4%.
2026-09
A post‑2000 girl, at 26, faced family and personal pressure, working by day and editing videos at night, with a bank balance of less than 3,000 yuan, feeling hopeless and desperate about life. She reflected on why she hadn't become strong earlier, realizing that only by becoming strong herself could she cope with life's difficulties.
2026-09-01
A self-reported account says that around September 1, after most people paid tuition, consumption decreased, clothing factory orders were reduced, and some families began to tighten their belts.
2026-09
A large number of closed shops and faded 'for transfer' or 'for rent' advertisements have appeared on the streets of Xiamen, with some restaurant owners stating they can no longer afford the rent.
2026-09
Xiamen residents and tourism practitioners report that pedestrian traffic in streets, shopping malls, and Xiamen North Railway Station has decreased, with tourism and physical retail business significantly more sluggish compared to previous years.
2026-09
A videographer at Huijing Life Plaza near Luban Road subway station in Huangpu District said that multiple shops have closed, with Starbucks, a beef restaurant, a barbecue restaurant and an education and training institution among those that have ceased operations, and foot traffic in the mall is sparse.
2026-09
A videographer at New Continent Plaza in Lujiazui, Pudong, said that many shops in the plaza had already closed, and the shops on the second floor were also relatively deserted.
2026-09
A Shanghai netizen said that in the Changshou Road area, some people who have nowhere to live bring blankets at night and sleep on other people's spare sofas, and when the weather is warm, some also sleep under bridges.
2026-08-21
Data released by the Ministry of Finance of the Chinese Communist Party (CCP) shows that land grant revenue across China fell by 31% from January to July 2026.
2026-08
According to projections based on multiple independent channels, approximately 3.84 million businesses across China permanently ceased operations in the first half of this year, with a half-year exit rate exceeding 11%.
2026-08
A 57-year-old pig farmer in Hebei said in an August interview that her breeding scale had shrunk from a peak of more than 500 head to 10, that she was carrying about $75,000 in debt, and that she planned to get rid of her last pigs in the fall, saying that in more than 20 years of raising pigs it had never been this difficult.
2026-07-30
Data from the National Institution for Finance and Development show that the household sector's leverage ratio stood at 59.0% at the end of Q1 2026 and dropped to 57.7% in Q2, while household mortgage debt has recorded negative growth for 13 consecutive quarters since Q2 2023.
2026-07-27
Netizens filmed a 75-year-old man in Anhui hauling cement to make a living; he can only earn 112 yuan after unloading all 280 bags in one load.
2026-07-22
In the first quarter, 28 provincial-level administrative regions in China had a general public budget self-sufficiency rate of less than 100%, meaning local budget revenue was insufficient to cover expenditures.
2026-07
The video claims that in 2026 the central government's annual new debt will reach 16 trillion yuan, higher than the 7.2 trillion yuan in 2021.
2026-07
China recently completed a successful recovery of a reusable rocket, sparking public discussion about China's technological breakthroughs and future investment in space programs.
2026-07
The video claims that more than 70% of the debt currently issued by the Chinese Communist Party is bought by banks.
2026-07
After Black Sea shipping routes were disrupted, China turned to South and North America for emergency spot purchases of grain, with international grain traders charging an extra $42.5 per ton.
2026-07
The host noted that many private schools in China had difficulty recruiting students last year, with some even receiving zero applications, leading to the closure of some schools. This reflects the impact of the current economic downturn on the education sector.
2026-07
The ten-year government bond yield has fallen to 1.74%, half the average level of the past twenty years, deepening the income crisis for long-term assets such as pension funds.
2026-06-17
At the Shenzhen import and export trade fair, due to a scarce turnout of buyers and suspicions of hiring fake foreigners to pad attendance, hundreds of exhibitors staged a collective protest demanding refunds of tens of thousands of yuan in exhibition fees, while a large contingent of SWAT police confronted and suppressed them at the scene.
2026-06-12
According to the Chinese Communist Party's March budget execution report, the scale of statutory government bonds has officially surpassed 100 trillion yuan, while hidden debt is estimated at no less than 90 trillion yuan.
2026-06
According to statistics from the Magic Mirror Insight monitoring agency, mainstream e-commerce mooncake sales from June to August 2026 totaled 439 million yuan, down 21.6% year-on-year.
2026-05
The National Bureau of Statistics of the Chinese Communist Party released data for January to April, showing a year-on-year increase of 18.2% in total profits, but profits in the real estate chain—such as non-metallic minerals and ferrous metal smelting—plunged sharply, showing extreme divergence.
2026-05
Total retail sales of consumer goods in May showed their first negative value since the pandemic, foreign investment, confidence index, and local government finances all hit record lows, while the official unemployment rate slightly dropped to 5.1%.
2026-05
An article circulating on Zhihu claims that per capita income in small county towns is around 3,000 yuan or even lower, that wage cuts are spreading, and that some county towns may in the future see a sustained decline in industry, population and capital.
2026-04
The video claims that a certain brokerage calculated that Heilongjiang's pension surplus can only support about 1.1 months, ranking last among all provinces, while Guangdong's can last about 53 months; no public report of this calculation can be found, with only old data from around 2015 showing Heilongjiang at about 1 month for comparison.
2026-04
In the first quarter of 2026, China issued more than 6.7 trillion yuan in government bonds, of which local government bonds exceeded 3.1 trillion yuan and treasury bonds exceeded 3.6 trillion yuan.
2026
The video cited data claiming that China's property yields are about 2.26%, below the 3.5% benchmark cost of funds, with a net carry of about -1.24%; no public report of this data could be found.
2026
In 2026, the posted one-year lump-sum deposit rate at large state-owned banks was 0.95% and the three-year rate was 1.25%; the video analyzed on this basis that the purchasing power of household savings is being eroded by inflation.
2026
After peaking at 13.42 million in 2024, the number of Gaokao registrations in China has continued to decline, dropping to 12.9 million in 2026, a decrease of 450,000 from the previous year.
2026
Leiyang, Hunan once claimed that its industrial park had introduced more than 60 enterprises, but in reality, there were only 5 enterprises with fewer than 100 employees.
2026
A 38-year-old job seeker says he has been looking for work for more than eight months since losing his job on January 15, but still has not found a suitable position.
2026
According to Caicai magazine, Xiaomi Home has closed more than 2,000 stores within half a year.
2025-04-22
From 2010 to 2024, the permanent resident population of the three northeastern provinces dropped by 14.56 million from a peak of 109 million, including 2.23 million in Liaoning, 4.293 million in Jilin, and 8.043 million in Heilongjiang, bringing the total back to the level of the 1980s.
2025
According to forecasts by CCP statistics departments cited in the video, China's working-age population will decrease by 250 million between 2025 and 2050, weakening the demographic foundation for home purchases and credit expansion.
2025
Official data shows that in 2025, nearly 160,000 people nationwide were disciplined for issues such as "inaction, arbitrary actions, and fraud," a year-on-year increase of 16%.
2025
In the first three quarters of 2025, China's net direct investment was negative.
2025
In 2025, China's use of foreign capital fell 9.5% year-on-year, marking the third consecutive year of decline.
2025
According to the 2025 China Sports and Fitness Industry Data Report, the total number of fitness members nationwide in China exceeds 84 million, down 3.44% year on year.
2025
According to conservative estimates by Bloomberg, by the end of 2025, over 100 million of China's 1.1 billion adult population faced overdue debts, accounting for a staggering 10.6%.
2024
In 2024, China's net direct investment was negative 0.8% of gross domestic product.
2024
Hailun's general public budget revenue in 2024 was 6.77 hundred million yuan and expenditure was 72.64 hundred million yuan, with revenue accounting for about 9% of expenditure.
2024
Hailun budgeted 38.3 million yuan in revenue from fines and confiscations at the beginning of the year, but actual revenue at year-end was 59.51 million yuan, a budget completion rate of 155%.
2023
In 2023, China's net direct investment widened to negative 1% of gross domestic product.
2022
In 2022, net direct investment on China's balance of payments turned negative for the first time, at -0.1% of gross domestic product.
2022
According to reports, by 2022 Zibo's debt increased to approximately 108 billion RMB, doubling from before Jiang Duntao took office.
2022
In 2022, backed by massive subsidies, China's photovoltaic industry as a whole achieved net profits of over 100 billion yuan, reaching the industry's peak.
2021
China introduced policies targeting after-school tutoring and the private education industry; the video claims that education and training institutions such as New Oriental were hit as a result.
2020-05-28
On May 28, 2020, at the closing press conference of the Two Sessions, Li Keqiang said that China's per capita annual income is 30,000 yuan, but 600 million people earn only 1,000 yuan a month.
2020-03-16
Driven by the market collapse triggered by the epidemic, the VIX hit a record single-day closing high of 82.69, the highest since its inception in 1990.
2016-09
In September 2016, Dushan County in Guizhou broke ground on a nearly 100-meter-tall all-wood Water Company Building despite fiscal revenue of less than 1 billion yuan, taking on nearly 200 million yuan in debt; it later became an unfinished project after the funding chain broke.
2010
Heilongjiang's resident population fell from a peak of 38.33 million in 2010 to 30.01 million in 2025, a decrease of 8.32 million over 15 years.
1990
In 1990, China's GDP growth fell further to 3.8%, and the economic situation was severe.