People’s Daily Business >> China Business >> Macro-Economy
China: jobs for young, pension for old and health for all-Special
14:03, August 05, 2009
College students and migrant workers are so different in a society due to their education level.
However, they look the same when they are facing the labor market.
For the old age in rural areas who do not work, what they are concerned is certainly who will support
their late years of life.
Bosses decide our salaries.
Now we also want to say something, or even do something, to their salaries.
Employment: discrimination, migrant workers, graduates
Hepatitis B check-up should not be a requirement for employment
“We are against any discrimination in the field of employment and there are specific legal provisions.
The Employment Promotion Law and Labor Law both make it clear that any discrimination in gender,
ethnic, racial or any other aspects are forbidden.
In the area of employment, as long as it is not a hazard to the public, employers should not make
hepatitis B health check-ups a required item for employment. ”
95% migrant workers returned to cities for work after Spring Festival
By the end of 2008, a total of 225 million migrant workers in China have been employed, of whom 140
million were working outside their hometown.
Official: employment situation still grave in China
The employment situation in China is still grave despite signs of recovery in the first half this
year, said Wang Yadong, an official of the Ministry of Human Resources and Social Security, on August
Only 68 pct of China’s new graduates find jobs
It is not easy to achieve the 68 percent of graduate employment, considering a shrinking job market
under the financial crisis and an increasing number of graduates.
The government had given priority to graduate employment since the end of last year, issuing plans
such as offering training courses and preferential loans for start-ups.
Social security: more fund, more people
China to launch pilot pension project for farmers this year
The financing pattern of the new rural insurance is quite different from the old one implemented in
Funding for the old rural insurance came from the money paid by the farmers themselves, so the
issuance pattern was in fact a deposit pattern.
However, funding for the new rural insurance will come from a combination of farmers’ individual
contributions and collective and government subsidies.
1.2 billion Chinese to have basic medical insurance by end of 2009
All cities in China will launch basic medical insurance systems this year in a drive to increase the
number of urban employees and residents covered by medical insurance to 390 million by the end of
Listed companies to transfer State-owned shares to Social Security Fund
Some listed Chinese companies will have to transfer part of their State-owned shares to the National
Social Security Fund (NSSF) as the country prepares for an aging society, the government said on June
The move was part of an effort to finance the social security system and the retirement of the aging
SOEs: pay, corruption
Pay regulations for SOE executives to be released soon
Ministry of Human Resources and Social Security will carry out an in-depth study with relevant
departments on new regulations aimed at standardizing executive pay within state-owned enterprises
CPC issues new party regulation to promote SOE leaders’ honesty
China’s ruling Communist Party of China (CPC) made public the regulation on state-owned enterprise
leaders’ honesty on July 12, aiming to curb corruption.