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.
2026-11-12
Netizens reported on social media that after a job fair held at a school, resumes of applicants were found discarded in trash cans, all of which were from master's degree holders.
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.
2026-11-10
A netizen posted that she was repeatedly asked if she was an only child during autumn recruitment interviews, and failed every time she answered truthfully. Later, she fabricated a persona of having a younger brother whom she had taken care of since childhood to cope. Another intern recruiter mentioned that their team flags whether job applicants are only children.
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.
2026-11-09
On November 9, Bloomberg Businessweek published a report on interviews with marginalized youth in Shenyang: a 19-year-old earns 3,800 yuan a month at Mixue Bingcheng and eats only one meal a day, while a 17-year-old survives by sleeping in pool halls and livestreaming dance performances. Interviewees described being trapped in an 'endless cycle.'
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.
2026-10-21
On October 21, a college graduate who finished school in May 2025 posted a video saying he still hadn’t found a job, striking a chord with netizens who have been unemployed for a long time; some said they hadn’t worked since 2022.
2026-10-20
College students taking part in the 2027 autumn recruitment season are complaining online that competition for jobs is too intense. One graduate student with internship experience at a major tech company keeps taking assessments and written tests every day but still has no offer. Offline job fairs are packed, and HR staff lament that resumes are so outstanding they can't screen through them all.
2026-10-15
A netizen posted a video asking "how exactly can one make money," saying he had submitted resume after resume, that effort does not bring a commensurate life, and that he felt like an ant being trampled underfoot.
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.
2026-10-13
On October 13, the Wall Street Journal reported that China's slowing economic growth combined with the popularization of AI has led to a record 12.7 million college graduates this year amidst a severe job shortage. The urban youth unemployment rate for those aged 16 to 24 stands at around 19%, leaving young people escaping to Dali to "lie flat" or struggling in the gig economy.
2026-10-08
On October 8, a fresh graduate posted about the 2026 fall recruitment season, saying bluntly that their biggest feeling was a sense of powerlessness after seeing through everything, and criticizing major internet companies for putting on a show of fall recruitment.
2026-10-07
A graduate student who earned a degree in software from Harbin Institute of Technology in 2012 and once wrote code at a big tech firm now makes a living selling balloons on the streets of Changsha, where he was reunited with a former big-tech colleague now working as a grilled squid vendor, reflecting the widespread unemployment predicament of highly educated talent in China today.
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.
2026-01
From January to May 2026, Beijing's total retail sales of consumer goods fell by 2.5% year-on-year.
2026-09-27
A 2026 graduate shared their job-hunting experience, saying that a potato-planting job received 3,000 resumes in two days; they said that under job-hunting pressure they no longer require a two-day weekend or a specific work location.
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.
7月22日
A netizen shared a video of two elderly people fighting over cardboard boxes, sparking sighs in the comments section about social involution. Some netizens pointed out that given the involution and food safety issues in China, many people might not even live long enough to reach the age of fighting over cardboard boxes.
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.
2026-09-21
Instead of focusing on GDP, look at “hard power”: youth unemployment rate is 18.9%, AI continues its great leap forward. On September 21, The New York Times reported that while the unemployment rate for non‑student Chinese youth aged 16‑24 has risen to 18.9% and consumption and real estate remain sluggish, Beijing is still preparing to pour massive resources into artificial intelligence. Bloomberg previously said China is planning to invest about $295 billion over the next five years to build… #Xi Jinping
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.
2026-09-17
The National Bureau of Statistics announced that the unemployment rate for young people aged 16 to 24, excluding students, reached 18.9% in August, a record high since the methodology was changed.
2026-09-17
The Economist reported on September 17 that the number of college graduates this year reached a record 12.7 million; a property market slump and weak consumption have shrunk corporate demand, and even using an adjusted statistical method, summer youth unemployment was still approaching 20%.
2026-09-17
The Economist reported that more and more Chinese young people are choosing to lie flat, become full-time children, or pay about 30 yuan a day to join "pretend-to-work" companies or spend their days at the library, in order to maintain a psychological sense of workplace participation.
2026-09-12
On September 12, Inner Mongolia University of Technology held a special job fair for central and state-owned enterprises, attracting a large number of students. The crowded scene reflects the current severe employment situation.
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
On September 13, a netizen posted on Douyin saying she is a 2026 undergraduate graduate carrying 60,000 yuan in student loans, that she had been job hunting in Guangzhou for three months without success, and had finally ended up working in a factory. On September 26, she posted a comparison photo of her graduation gown and her factory uniform, saying, “Four years of undergraduate study came to nothing; now I’m a general worker in an electronics factory.”
2026-09-09
An undergraduate graduate born in 2004 from Hebei complained online that after submitting 200 resumes, there was no response, and due to immense employment pressure, they were forced to consider working in a factory.
2026-09
The official unemployment rate for the 16-24 age group, excluding students, reached 18.9% in August, indicating severe pressure on the job market.
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
A college student in Henan broke down from being unable to endure workplace involution and economic pressure, reflecting the widespread plight faced by China's working population.
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 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
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.
2026-09
According to a report by the South China Morning Post, China's announced unemployment rate for young people aged 16 to 24 in August rose to 18.9%, up further from 17.9% in July, and excludes students currently enrolled in school; a record 127 million university graduates entered the job market this summer.
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
Against the backdrop of slowing economic growth, uncertain employment prospects, and involution in the workplace, China's urban youth unemployment rate rose to 19% in August 2026.
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.
2026-07-22
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.
2026-07-16
On July 16, 2026, a medical master's graduate from a 211 university in Xinjiang posted a video lamenting repeated failures in job hunting, ultimately surviving by collecting scrap in Urumqi, sparking netizen debate over university program setups and the youth employment crisis.
2026-07
Data from the National Bureau of Statistics show that in July 2026, the urban youth unemployment rate for 16- to 24-year-olds (excluding students) in China rose to 17.9%, the highest since August 2025, up from 14.9% in June.
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
The video claims that more than 70% of the debt currently issued by the Chinese Communist Party is bought by banks.
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
According to relevant accounts, fresh college graduates have a hard time finding work, and men aged 40 to over 50 face even greater difficulties in employment, leaving them with no choice but to go out and do odd jobs.
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.
2026-06-16
After the National Bureau of Statistics released stable data showing a decline in the urban unemployment rate from January to May, the topic "I really want to know how many unemployed people there are now" surged to fourth place on Weibo's hot search list, triggering a massive wave of netizen commentary venting about employment difficulties.
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
The program pointed out that Chinese youth face severe unemployment issues, and the real estate market continues its sluggish decline, leading to a large number of people facing bankruptcy. Many families resort to robbing Peter to pay Paul to repay mortgages, making life extremely difficult.
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%.
2026-04
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
A video estimates China's youth unemployment rate at 22% to 38%; no public source can be found for this range, while a previous public estimate reached as high as 46.5%, calculated in 2023 by Peking University professor Zhang Dandan.
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
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
Data from the Ministry of Education shows that fresh graduates in 2025 will reach 12.22 million, with more than half entering the flexible employment sector.
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%.
2025
After years of hard study, 25-year-old Lu Meng completed her bachelor's degree, but faced setbacks in her job search, earning only 3,000 yuan a month as a telephone customer service representative. In 2025, she re-enrolled in a corporate order class at Shandong Chemical Technician College. According to a previous report by Qilu Evening News, about 60% of the 320 new students in this order class are bachelor's degree holders, and some even hold master's degrees.
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.
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.