China to create more jobs and ensure migrant workers are paid on time

Malaysia



BEIJING (Xinhua): China will take multi-pronged measures to ensure that employment remains stable. The government will scale up support for flexible employment, boost job opportunities for people with disabilities, and make sure migrant workers are paid on time.

JustForex

A host of steps was decided upon at the State Council’s executive meeting on Wednesday (Dec 4) chaired by Premier Li Keqiang.

Figures released by the National Bureau of Statistics last month showed that 11.93 million new urban jobs were created in first 10 months this year, meeting the yearly target of 11 million ahead of schedule.

The surveyed urban unemployment rate in October at the national level was 5.1%, down 0.1 percentage point over the previous month.

“We will face even greater risks and challenges next year. We must give higher priority to keeping employment stable as this is the key in ensuring that our economy does not slide,” Li said.

It was emphasised at Wednesday’s meeting that local governments must fully appreciate the significance of stable employment. They are required to introduce more measures that support job creation, and promptly repeal unwarranted regulations that hinder flexible employment.

More efforts will be made to catalyse business start-ups and innovation. The terms of guaranteed loans to micro and small start-ups will be eased, and more jobs created.

The government will intensify support to businesses to keep their payrolls stable. The current policies of lowering the premiums of unemployment insurance and workplace injury compensation insurance, partial reimbursement of unemployment insurance contributions for employers who keep their payrolls, and subsidies for in-job vocational training will continue for another year.

“We must take multi-pronged steps to keep existing jobs and add new ones, and introduce measures that boost job creation as quickly as possible.

“This year, thanks to the reform in transforming government functions and our mass entrepreneurship initiative, an average of nearly 20,000 businesses are newly registered every day. This has greatly eased the employment pressure,” Li said.

Those at the Wednesday’s meeting also adopted a new regulation to ensure migrant workers were paid on time and in full.

According to the new regulation, no construction will begin and no building permit be issued if the funding requirements of the project are not met. And a blacklist of employers who delay paying up the migrant workers will be set up.

“We must ensure that the essential needs of the unemployed people are met, and fully protect the rights of people with disabilities and migrant workers,” Li urged. – Xinhua

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