There’s a problem that has been troubling me greatly lately; I hope the experts here can help me figure it out
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1. **Eliminating overcapacity: So many coal, steel, and petrochemical companies have closed down, along with the affiliated enterprises that relied on them. Additionally, many foreign-owned factories in the south have moved to Southeast Asia where labor costs are lower. Where are all these workers going?** In the past, GDP was largely driven by excessive extraction of energy for use in urban development – building buildings and roads. Now, with enough buildings and roads already in place, the focus has shifted to steel, concrete, building materials, glass, as well as gasoline and diesel. . . Everything is in excess. 2. As technological innovation and automation become more widespread, traditional industries and manual labor will **decrease**, and what’s needed are highly skilled, technology-oriented professionals. So I’m wondering now: where will all these excess workers with low or average skill levels go in the future? The tertiary sector? If the economy remains in a downturn and people have no money, how can the tertiary sector continue to thrive? . . . . .
This will be a problem! I guess the people at ZF are also considering it
This doesn’t need to be considered by us ordinary people. Go wherever there is money to be made. There’s no place to make money; when things reach a certain point, the government has to step in and solve the problem.
Didn’t the government say a few days ago that it would allocate 100 billion yuan (I think that’s the figure) to assist steel workers who have lost their jobs? As for coal mines, they are all small private mines; those workers are already considered ‘idle labor force’, so there is no issue of unemployment
All of this is to verify through trends and reality; there will be ways to deal with it when the time comes
Do I only think about how to come and go, or is LZ truly concerned about the country and its people?
Eating gutter oil – worrying the people in Zhongnanhai: lol
It can only be said that the government lacks proper planning~~ When a certain industry was booming in the past, the government fueled its growth without thinking things through carefully~~ Now that there’s an overcapacity issue, the government wants to take drastic measures~~ With so many people unemployed, maybe they should just go clean streets then~~ Hehe~~
I’ve seen a saying: Whatever the government encourages (promotes), that thing ends up being overused. Over the decades, the family assets have been nearly depleted as well. The great kindness shown back then should be repaid by now, right? It’s time to go to bed.
Transformation – for example, since there is a shortage of delivery workers, manual laborers from traditional industries can transition to working as delivery personnel, and so on.
It’s already becoming apparent; many people have left their workplaces and returned to their hometowns