KATHY CHU at WSJ reports:
This year, service-related positions — such as those in retail, travel and leisure — for the first time will account for more of the country’s gross domestic product than industrial-sector jobs, J.P. Morgan Chase predicts.
Government figures show the service sector created 37 million new jobs in the past five years, compared with 29 million in the industrial sector, which includes manufacturing, construction and mining.
Read more at China: A Billion Strong but Short on Workers – WSJ.com.