New measures look to create more jobs

CHINA will release a slew of measures to stimulate employment as demand is rising in the job market, Minister of Human Resources and Social Security Wang Xiaoping said on Saturday.

There is strong demand for talent in fields such as artificial intelligence and big data, Wang told journalists on the sidelines of the national legislative session, adding that demand is also on the rise in sectors including health care, accommodation, and catering.

Such demand proves that China’s economy is picking up momentum, and reflects the transformation and upgrading of traditional industries and the accelerated development of new quality productive forces, according to the minister.

“Judging from this trend, the Chinese economy’s long-term sound fundamentals remain unchanged, and the high-quality development has solid support,” Wang noted.

She said the country will release stimulative measures to stabilize the job market and improve people’s livelihoods, such as continuing preferential social insurance policies and financial support, and broadening employment channels.

The measures also include optimizing employment services and ensuring the employment of major groups. Supportive measures will be taken for major groups of job-seekers, such as nearly 11.79 million college graduates this year, ex-servicemen, migrant workers and people with disabilities.

“The cultivation of skilled personnel is an important way to promote the development and utilization of human resources.”

China’s employment maintained continuous improvement and overall stability in 2023. A total of 12.44 million new urban jobs were created and the surveyed urban unemployment rate averaged 5.2 percent, which met the set targets.

(Xinhua)