Chinese companies will continue to see rising demand for bilingual talent, experts in Internet technology and human resources in 2018 amid globalization and China’s Internet Plus strategy. People who move to new jobs can expect an average salary increment of 10 to…
As China shifts its focus to attract more foreign investment in high-end manufacturing, services and green industry to transform its economy, overseas companies are pouring in additional funds to develop research and service-based businesses in China to maintain robust growth. Many of…
‘Parallel auto imports’ will be allowed in new scheme A pilot scheme for “parallel auto imports” in the China (Shanghai) Pilot Free Trade Zone (FTZ) has been finalized and will be rolled out soon, Xinhua reported Tuesday. The move is expected to…
A customer shops at Wal-Mart’s Zhaohui store in Hangzhou on Tuesday. Wal-Mart, the world’s largest retailer by revenue, decided to shut down more than 20 outlets in China this year. Closing part of company’s plan to jettison underperforming stores Wal-Mart Stores Inc,…
China plans to raise the retirement age for the first time since the 1950s, as policymakers confront the prospect of a shrinking workforce that damps economic growth. “The age will rise gradually,” Hu Xiaoyi, a vice minister of human resources and social…
More than 70 percent of elderly people in Shanghai are open to a house-for-pension program, a survey showed, despite a recent public outcry against the idea raised in a central government document. According to the Shanghai investigation team under the National Bureau…
China’s Ministry of Human Resources and Social Security issued provisions that align closely with recent changes to the PRC Labor Contract Law in order to help standardize labor dispatch in the country. The draft calls for a clearer definition of auxiliary positions,…
Only about 28 percent of graduates and 37 percent of postgraduates in Beijing had signed employment contracts as of late April, according to figures from the Beijing Municipal Commission of Education, the Beijing Times reported. The changes in the international and domestic…
BEIJING—China set a growth target of around 7.5% for this year as it kicked off a meeting to finalize its leadership transition, reflecting how Beijing is turning away from breakneck growth based on exports in favor of a broader economy driven by…
From 1 July 2013, the use of labour dispatch services will likely be a less attractive means of maintaining a more flexible workforce. Companies taking dispatched employees will need to comply with an “equal pay for equal work” principle, and the range…
