Editor’s Note
Happy year of the Snake! As we enter 2025, China’s economy faces persistent challenges. The much-discussed “lackluster recovery” of 2024 has offered little optimism, with GDP growth projected to hover between 4% and 5% this year. Fiscal pressure on local governments and an unstable job market are likely to impact workers’ incomes and employment choices. While Beijing’s recent stimulus measures, including a 10 trillion yuan debt-restructuring plan for local governments, aim to stabilise the economy, their long-term effects remain uncertain.
Internationally, US-China tensions continue evolving, extending into new energy sectors. While some foresee a temporary easing of hostilities, others warn of renewed friction under a new administration. These geopolitical shifts will undoubtedly further affect workers, from employment prospects to wages and benefits.
Following the Third Plenum in August 2024, the ACFTU chairman stressed the importance of aligning with its directives by enhancing union rights protection services and reforming the income distribution system. CLB will closely monitor the progress of these reforms.
In 2025, CLB will continue to push for greater accountability from both unions and corporations. Unions must prioritise workers' interests, while multinationals must address labour violations within their supply chains.
We are also delighted to announce that we are now on “Bluesky”, where we’ll share timely labour news and engage with you directly.
Thank you for your unwavering support. It will be a tough year, but we are committed to keep fighting.