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"Every year, we see about 15 million people entering the job market, and that growth won't slow down in the near future," he said. "It's projected that 11 million urban jobs will be created this year, but in actual fact, the number will go beyond 13 million."

"Earlier this year, a number of companies suspended their recruitment campaigns due to the impact of the coronavirus, which put tremendous pressure on this age group. Their situation improved in September following the graduation season," she said.

"Faced with these challenges, we keep our positive expectation on the Chinese economy. It is able to avoid serious capital market fluctuations, based on its huge household savings and sufficient exchange rate reserves," said Jing Ulrich, managing director and vice-chairman of Asia-Pacific, JPMorgan Chase.

"English is a compulsory course at most Chinese schools since the Chinese opening-up, which is stoking demand for education and homes in English-speaking countries," said Huang.

"During the review process of the approval system－where regulators decide whether a company can be listed－regulators actually judge the investment value of companies filing IPO applications," Dong said.