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People ride a boat through a flooded road after the rains and floods brought by remnants of Typhoon Doksuri, in Zhuozhou, Hebei province, China August 3, 2023. The vast Hai River basin covers an area the size of Poland that includes Hebei, Beijing, Tianjin. On his visit to flood storage areas in Baoding, Ni added that it was necessary to reduce the pressure on Beijing's flood control and create a "moat" for the Chinese capital. "I'd like to know, among all the people living in flood storage areas across the country, how many of them know they are living in such areas?" As of 8:00 a.m. (0000 GMT) on Friday, Hebei had relocated more than 1.54 million people, including 961,200 from flood storage areas, state media reported on Saturday.
Persons: Doksuri, Tingshu Wang, Xi Jinping, Secretary Ni Yuefeng, netizens, netizen, David Kirton, Ryan Woo, Simon Cameron, Moore Organizations: REUTERS, Beijing, Hebei's Communist, Secretary, Reuters, China Water Resources, Ministry of Water Resources, Thomson Locations: Zhuozhou, Hebei province, China, BEIJING, China's, Hebei, Poland, Beijing, Tianjin, Baoding prefecture, Baoding, Xiongan, Ni, Weibo, Bazhou, Shanghai
Chinese President Xi Jinping spoke against having a "street stall economy" in Beijing last week. It cannot operate 'factories in alleys' and engage in the 'street stall economy," Xi said, according to Insider's translation of his speech which was first reported by state news agency Xinhua. "Street stall economy" in China refers to recent efforts by local governments to revive their regional economies and to create jobs by promoting small entrepreneurship. China's youth unemployment rates are at a record highXi's opposition to the "street stall economy" could dash local government efforts to boost the economy through small entrepreneurship, even as China's youth unemployment rate hit a record high of 20.4% in April. This means 11 million Chinese people aged 16 to 24 are out of work, per CNN's calculations on April 30.
Xi Jinping says no to ‘street stall economy’ in Beijing
  + stars: | 2023-05-18 | by ( Laura He | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN —Chinese President Xi Jinping has opposed the lifting of curbs on street vendors in Beijing, signaling splits within government over a policy shift aimed at tackling rising unemployment. In a recent tour of the Xiongan New Area, a city south of Beijing, Xi unusually revealed his personal views about the “street stall economy,” according to a report earlier this week by China’s state-owned Xinhua news agency. “The capital city is first and foremost a political center, not a ‘hodgepodge’, where ‘factories in alleys’ and the ‘street stall economy’ are not allowed,” he said. It’s unclear whether the capital must now comply with Xi’s views and outlaw street vendors once again. But the recent policy reversal was made against a backdrop of growing challenges facing the world’s second largest economy.
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