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Views from NPC March 10 (Ⅱ)

03-10 17:49 Caijing

Employment, energy, employment, labor law

┣━Views from NPC━┫

 

Employment: Liu Kegu, China Development Bank Consultant

» A grass-roots economy is an important avenue for employment under the current economic conditions, said Liu Kegu.

» China’s SMEs account for 75 percent of the nation’s jobs.

» Reducing impediments that prevent these smaller ventures from getting financing will help employment, said Liu.

 

 

Energy: Ning Yuanxi, Chairman of Guangdong Baolihua New Energy Stock

» The government should work out national standards and supportive polices to encourage energy saving and recycling.

 

 

Employment: Yin Weimin, Director of the Ministry of Human Resources and Social Security

» The labor market faces tough challenges amid the financial crisis, according to Yin Weimin.

» Urban unemployment in 2008 rose to 4.2 percent, said Yin, adding that there are 11 million migrant workers currently in need of a job.

» Yin said that 3 million jobs have evaporated since last fall.

 

Labor Law: Xin Chunying, Deputy Director of Legislative Affairs

» China will not amend its labor law until the world’s economy has stabilized, said Xin.

» Xin said the current law ensures a stable market and the preservation of jobs.

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