1、1 China Economic Update(June 2025)UNLOCKING CONSUMPTION Special Focus:Jobs in Transition Public Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedChina Economic Update-June 2025 II 2025 International Bank for Reconstruction and Development/The W

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6、Update-June 2025 III Acknowledgements The June 2025 issue of the China Economic Update was prepared by a team comprising Kevin Chua(Task Team Leader),Yusha Li(co-Task Team Leader),Jun Ge,Elitza Mileva,Daisuke Fukuzawa,Dewen Wang,Yang Huang,Maria Ana Lugo,Marius Vismantas,Shichao Zhou,Sailesh Tiwari,