Zhanjiang

He Yafu, an independent demographer based in the southern city of Zhanjiang in Guangdong Province, said he believes the change in measurement helped to lower the main figure, although he thinks just as many young people are jobless.

The Central Meteorological Observatory issued a typhoon yellow warning and expects the seventh storm of the year to make landfall at around noon along the coast from Wenchang in Hainan Island to Zhanjiang in Guangdong province, most likely landing around the Leizhou Peninsula.

The financial hub's weather forecaster lowered the storm warning to signal No 3 on Saturday afternoon as Chaba was set to make landfall near Zhanjiang in China's Guangdong province.

Zhanjiang, a port city of seven million people, had some of the steepest price declines among major cities.

A year ago, business was humming for Liang Jiawei, a property salesman in Zhanjiang, a coastal city in southern China.