NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Home > Specials > NPC&CPPCC 2006 > NPC&CPPCC Sessions News
Legislation expected to help create more jobs
Latest Updated by 2006-03-14 09:27:09
Related News
[Opinion] Time for Hong Kong to fulfil unique mission
Lawmakers call for updating Labor Law for migrant workers
Political advisor calls for ban on dining on public funds
Lawmakers submit 1,000 motions focusing on govt role, economy
NPC agenda for March 14
Portraits of Sun Yat-sen, Deng Xiaoping proposed adding to RMB notes
Top advisory body calls for fight against "Taiwan independence"
A US doctor gives suggestions regarding Chinese energy policy
4th Session of 10th CPPCC National Committee holds closing meeting
China
President Hu calls for stepping up army building
Taiwan marchers protest against Chen
Lawmakers call for updating Labor Law for migrant workers

>>>Click into related Special:

 

NPC & CPPCC Sessions 2006

 GD Provincial People's Congress & CPPCC annual Sessions

A law to help create more jobs is expected to be tabled for discussion during next year's session of the National People's Congress (NPC), a leading social security scholar said yesterday.

 

Zheng Gongcheng, a NPC deputy and director of the Social Security Research Centre of Renmin University of China, said that the Ministry of Labour and Social Security had finished drafting the law, and that it is already undergoing the legal procedure.

 

"If everything goes smoothly, it will be tabled for the legislation next year," he said.

 

The severe unemployment situation in the country is unlikely to experience a "fundamental change" within the next 10-15 years, Zheng said.

 

"It is the government's responsibility to adopt active policies to create more jobs," he added.

 

The law will require administrative departments to play an important role in promoting employment, and will include unemployment security and insurance policies as well as some related assistance policies, he said.

 

China's goal to contain the unemployment rate to within 5 per cent in the 11th Five-Year Plan (2006-10) period is an "arduous goal" to achieve, Zheng said.

 

"The sharp rate of increase in unemployment cannot be reversed in a short time," he said. "What we can do is to prevent it from growing too fast,"

 

This year's unemployed population is expected to surpass 9 million, he said.

 

Zheng said several types of job seekers formed the main bulk of the unemployed population.

 

China's colleges and universities, which have been expanded in recent years, are pouring more and more graduates into the job market.

 

The number of graduates was just over 1 million in 2000, but the number is expected to quadruple in July this year, Zheng said.

 

There were 15 million college graduates during the 10th Five-Year Plan (2000-05) period, and this number is expected to become 27 million in the next five-year period.

 

Another major reason is the large-scale transfer of rural labourers, which poured millions of migrant workers into urban areas, Zheng said.

 

Laid-off workers

 

And as China steps up its reform of State-owned enterprises, more laid-off workers will have to join the job-seeking group in the country.

 

Though the government has carried out some preferential policies to help laid-off workers to find work, these policies are not well carried out, according to Zheng.

 

He cited the small sum loan policy, which is designed to support laid-off workers to start their own businesses, as an unsuccessful example.

 

"Most commercial banks are reluctant to grant small loans because it is time-consuming and often has low profitability," he said.

 

Zheng suggested that a special "employment bank" be set up by the government to deal exclusively with granting small loans to unemployed people.

 

"The bank will have no profit-driven goals and would not face market competition," he said.

 

The other solution is to demand commercial banks shoulder their responsibility in granting small loans according to their total assets.

 

Editor: Yan

By: Source: China View website
Previous:  Law on western development in pipeline  Next:NPC agenda for March 14


Olympic medalists in town


Epilepsy could solve mystery of Bruce Lee's death


[Group Photo]Guangzhou Aquarium


Shawl Featured at China Int'l Gold & Jewelry Expo


Hollywood stunt show debuts in China
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips