Jobs will be created for the disabled at government departments, public institutions, state-owned enterprises and private businesses.
In a recent episode of HRM TV, Nela Richardson, ADP’s Chief Economist, shared key workforce trends from countries in the APAC region.
The country’s surveyed urban unemployment rate stood at 5.5% in Q1’2022, up 0.1 percentage points year-on-year, according to official data.
China has launched the first private pension scheme in the country, paving the way for workers to invest and supplement funds in their pension accounts.
To protect workers' rights to adequate rest, the authorities are clamping down on employers who make their staff clock excessive overtime.
"Pro-job policies", including tax and fee cuts totaling US$400 billion for businesses, especially small entrepreneurs, are planned.
The central government aims to create more than 11 million new jobs in urban areas this year and to keep the unemployment rate in urban areas under 5.5%.
Some 8.62 million people with disabilities, including the self-employed and flexible workers, were employed in 2020, up from 8.55 million in 2019.
Jiangsu will be the country’s first province to allow workers to postpone retirement next month in a bid to decrease social welfare spending.
To help SMEs tide over the pandemic, the government will implement more supportive policies to help SMEs operationally and financially.
China is offering special help to young entrepreneurs and providing a range of incentives to encourage small companies to employ fresh graduates.
Certain sectors, such as wholesale and retail, saw more employment, which contributed to the overall employment stability.
One of the transitions identified by the World Economic Forum is eco-tourism, which is projected to create some US$53 billion of additional revenue.
The government will also be increasing deductions for research and development expenses under businesses’ income tax filings.
Under new regulations, employers cannot ask female job applicants if they intend to get married or pregnant, or to make them take pregnancy tests.
It also aims to cultivate 10,000 “little giant” firms, or smaller businesses still in their early stage of development that focus on high-end technologies.
A total of 12.07 million new jobs were created in urban areas across China from January to November this year, outperforming the 11.00 million target set.
Government entities purchasing goods, projects and services from SMEs should make payments between 30 and 60 days upon completion of the order.
Several regions in China have extended maternity leave by at least 30 days, in the latest effort to address record-low birth rates in the country.
Sichuan province conducted a week-long inspection on overtime work and takes "zero tolerance" towards employers who breach labour laws.
China’s surveyed urban unemployment rate averaged 5.1% from January to October this year, as more young people gained employment.
Data showed that the country’s surveyed urban unemployment rate fell 0.5 percentage point to 4.9% in September year-on-year.
In Jiangxi, parents will be entitled to marital leave for 15 days, in addition to the national holidays, while in Anhui, marital leave is being extended by three days.
Authorities in the city have launched a revision on the local regulations of population and family planning.
The creation of 9.38 million urban jobs from January to August meant China has achieved 85.3% of its annual goal of job creation.
The country’s new five-year employment plan pledged to boost skill levels in the economy, with a focus on vocational education.
This is on top of an additional 30 days of maternity leave that mothers of a third child were awarded at end-May.
He urged support for skilled talent and the gig economy to foster entrepreneurial capabilities and innovation to build new growth momentum.
Vice-Premier Liu He has also urged entrepreneurs to contribute to China’s economic development by supporting SMEs in the country.,
The state labour union voiced out that gig workers should have stronger worker protection and labour rights.