China Strives to Solve Problem of Layoffs in 3-5 Years: Vice Premier

Home>>Business

Last updated at: (Beijing Time) Thursday, April 25, 2002

China Strives to Solve Problem of Layoffs in 3-5 Years: Vice Premier

The Chinese government plans to basically solve the problem of layoffs from State-owned enterprises in three to five years, according to Vice Premier Wu Bangguo.

DISCUSSION

CHINESE

SEND TO FRIEND

The Chinese government plans to basically solve the problem of layoffs from State-owned enterprises in three to five years, according to Vice Premier Wu Bangguo.

He urged continued efforts to help those laid-offs find new jobs.

Wu made these remarks in Changsa of central China's Hunan Province during a recent study tour, which has brought him to Chongqing Municipality and Sichuan, both in southwest of China, and central China's Hubei Province.

During his stay in Hunan, the last leg of his trip, from April 20-23, Wu visited a number of companies and a major employment agency in Changsha, the provincial capital.

He held meetings with representatives of local factories that had laid off workers and officials in charge of the issue.

Laid-offs were inevitable in China, a populous country, but must be seriously tackled, Wu said.

China's fast economic development, flourishing market demand for community services, small companies, private businesses and the tertiary industry would make up a great job potential and could help resolve the problem of joblessness, he noted.

The whole society needed to pay attention to finding work for those laid off, he said.

Local governments must increase their efficiency in supplying conveniences for laid-offs' job-seeking and arranging vocational training for them, he said.

China to Create 8 Million Jobs in 2002

The Chinese Labor and Social Security Ministry will try to provide jobs for eight million more people next year, and limit the national unemployment rate to around 4.5 percent, according to a national conference on labor and social security held on December 12 in Shanghai.

Ministry officials noted the country is to bear "more pressure'' next year due to the "pessimistic'' international economic environment, as well as the on-going reform of State-owned enterprises. (In Detail)

Questions?Comments? Click here

Vice Premier Wu Bangguo Stresses Re-employment Work

Vice-Premier Stresses Re-employment of Laid-offs

Chinese Vice-Premier Stresses Re-employment for Laid-off Workers

Protests Prompt Retailer to Pull T-shirts Mocking Chinese-Americans ( 35 Messages)

Ins and Outs of a Young American's Roguery on Bus in China ( 142 Messages)

FM Spokeswoman: US Has Clarified its Stance on Taiwan Issue ( 21 Messages)

China's Economy to Grow Above Six Percent ( 29 Messages)

China Expresses Strong Dissatisfaction over Japanese PM's Shrine Visit ( 6 Messages)