{"id":57361,"date":"2025-08-04T09:37:08","date_gmt":"2025-08-04T09:37:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/57361\/"},"modified":"2025-08-04T09:37:08","modified_gmt":"2025-08-04T09:37:08","slug":"chinas-youth-seek-stability-over-entrepreneurship-as-economy-lags-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/57361\/","title":{"rendered":"China\u2019s youth seek stability over entrepreneurship as economy lags"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In a departure from the \u201cmass entrepreneurship and innovation\u201d encouraged among China\u2019s youth in the 2010s, in a new survey the country\u2019s Generation Z has defined its life and career ideals around flexibility and financial freedom.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cFreelancer\u201d was the most favoured career for those born between 1995 and 2009, according to a report released on July 25 by Forvis Mazars, an international provider of advisory and consulting services.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Based on the preferences of 4,171 respondents, the study presents a new portrait of the values, lifestyles, and careers sought after by 260 million young Chinese. In a ranking of their \u201cideal career,\u201d 49 per cent of respondents included \u201cfreelancer\u201d.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cPublic sector employee\u201d was the second most common result with 47 per cent, followed by \u201ctechnical professional\u201d with 39 per cent, \u201ccorporate employee\u201d with 34 per cent and \u201centrepreneur\u201d with 31 per cent.<\/p>\n<p>A relatively low position for entrepreneurship indicates its waning appeal among young Chinese, with some saying a laggard economy has <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3299019\/xi-jinping-backs-chinas-private-sector-meeting-entrepreneurs?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">diminished the allure<\/a> of starting a business.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe economy was poor during the Covid-19 pandemic, and it\u2019s even worse now,\u201d said 23-year-old Crystal Pang, a recent graduate with an education degree currently job-hunting in Shenzhen.<\/p>\n","protected":false},"excerpt":{"rendered":"In a departure from the \u201cmass entrepreneurship and innovation\u201d encouraged among China\u2019s youth in the 2010s, in a&hellip;\n","protected":false},"author":2,"featured_media":57354,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[23,28,144,43210,542,537,43213,8200,101,7667,4341,43212,43214,22592,1205,13563,43211],"class_list":{"0":"post-57361","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-america","9":"tag-business","10":"tag-china","11":"tag-china-careers","12":"tag-china-economy","13":"tag-china-jobs","14":"tag-chinas-gen-z","15":"tag-covid-19-pandemic","16":"tag-economy","17":"tag-entrepreneur","18":"tag-financial-freedom","19":"tag-forvis-mazars","20":"tag-freelancer","21":"tag-generation-z","22":"tag-malaysia","23":"tag-shenzhen","24":"tag-zhejiang"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/57361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=57361"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/57361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/57354"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=57361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=57361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=57361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}