Wednesday, February 20, 2019 | ePaper

China creates over 66m urban jobs in 5 years

  • Print
Xinhua, Beijing :
China created more than 66 million urban jobs over the past five years, official data showed.
Over the five years, 90 percent of college graduates found jobs and more than 1.1 million redundant workers resulting from the country's excess production capacity cuts were re-employed, said Yin Weimin, minister of human resources and social security.
By the end of 2017, the unemployment rate in urban areas stood at 3.9 percent, the lowest since 2002, official data showed.
From 2013 to 2017, more than 13 million jobs were created each year in urban areas, despite the negative effect of economic structuring and slowing growth, official data showed.
In 2017, 13.51 million new jobs were created in urban areas. The central government set an increase of 11 million jobs as its official target for the whole of 2017.
To ensure stable employment, China has rolled out an array of pro-employment policies for graduates, redundant workers, the disabled and migrant workers.
Yin said China will continue implementing and improving employment and entrepreneurial policies to create more jobs in 2018.

More News For this Category

Arif Quadri, AMD of United Commercial Bank (UCB) Limited, poses for a photograph with the participants of a week-long training for its Cash Officers at the Bank's head office in the city recently. Abul Ali Ahad, Head of Learning & Development and senior officials of the Bank were also present.

Arif Quadri, AMD of United Commercial Bank (UCB) Limited, poses for a photograph with the participants of a week-long training for its Cash Officers at the Bank's head office in the city recently. Abul Ali Ahad, Head of Learning & Development and senior officials of the Bank were also present.

.

475 species of fishes abound in Bay of Bengal: Khasru

Business Desk :State Minister for Fisheries Md Ashraf Ali Khan Khasru on Tuesday said the Bay of Bengal abounds with a total of 475 species of fishes including 36

Khalid for making Pangaon Inland Container Terminal profitable

Economic Reporter :State Minister for Shipping Khalid Mahmud Chowdhury on Tuesday urged all concerned including the businessmen and the customs department to work together to make the Pangaon Inland

Samsung initiates door-to-door service programme

Business Desk :As part of Samsung Bangladesh's commitment to provide the best possible after-sales service to its customers, the electronic giant initiated door-to-door customer service in Sylhet and Barisal.Now

Woman entrepreneur Prof. Masuda now MP

Woman entrepreneur Prof. Masuda now MP

Business Desk :Leading woman entrepreneur Professor Dr. Masuda M Rashid Chowdhury (Saima), elected for the Member of Parliament (M.P) of reserved seats of the 11th parliament under the ticket

A KM Hafiz Akhtar, Commissioner of Rajshahi Metropolitan Police, inaugurating a channel partner showroom of Nitol Motors Limited (dealer of TATA Motors, India) as chief guest at Rajshahi on Monday. Md. Mizanoor Rahman, head of dealer network, BM Murad Hussain, DGM, Tanvir Hasan, AGM and Md. Moyazzem Hussen, Area President of Nitol Motors were also present.

A KM Hafiz Akhtar, Commissioner of Rajshahi Metropolitan Police, inaugurating a channel partner showroom of Nitol Motors Limited (dealer of TATA Motors, India) as chief guest at Rajshahi on Monday. Md. Mizanoor Rahman, head of dealer network, BM Murad Hussain, DGM, Tanvir Hasan, AGM and Md. Moyazzem Hussen, Area President of Nitol Motors were also present.

.

AKM Shaheed Reza, Chairman along with other top officials of Mercantile Bank Limited, bidding farewell with bouquet to Kazi Masihur Rahman, outgoing CEO of the bank upon his retirement from the service at Bank's head office on Tuesday.

AKM Shaheed Reza, Chairman along with other top officials of Mercantile Bank Limited, bidding farewell with bouquet to Kazi Masihur Rahman, outgoing CEO of the bank upon his retirement from the service at Bank's head office on Tuesday.

.

Number of Japanese firms in BD increase 10 times in 10 yrs

BSS, Dhaka :The number of Japanese companies operating in Bangladesh has increased 10 times in 10 years with 269 firms currently running their businesses here.The information came out on

BIDA's 15 services go online from Feb 24

Business Desk :Bangladesh Investment Development Authority (BIDA) will make 15 services available online from February 24 to ease the process of getting permissions for opening business in the country.BIDA

UAE assures PM of looking manpower issue positively

BSS, Abu Dhabi, UAE :Crown Prince of Abu Dhabi Sheikh Mohammad bin Zayad Al Nahyan on Tuesday assured Prime Minister Sheikh Hasina of looking "very positively" about Bangladeshi manpower