More Retired Military Officers Finding Employment on Their Own

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Last updated at: (Beijing Time) Sunday, June 29, 2003

More Retired Military Officers Finding Employment on Their Own

About 30 percent of China's military officers opt for a job on their own after retirement, and 90 percent of whom find work in private business, according to a recent national army conference.

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About 30 percent of China's military officers opt for a job on their own after retirement, and 90 percent of whom find work in private business, according to a recent national army conference.

The phenomenon is partly the result of reforming traditional system, in which retired officers were assigned to work in government departments and state-owned enterprises. The reform began in 2001.

The headquarters of the People's Liberation Army stipulates that officers with a minimum of 20 years of service can either seek employment on their own or accept an job arrangement.

This year, there will be a total of 42,000 retirees across the country, 29,000 of whom will be offered jobs by governments at various levels, and the remaining 13,000 will seek the job of their choice.

"The new policy has not only alleviated government burden, but also provided more freedom for the officers," said Li Jianming, captain with a Beijing-based military training unit specializing in telecommunications.

The policy also includes tax exemptions and other preferential policies for those starting their own businesses.

Chen Junling, a former military engineer with 23 years of service, opened a consulting firm in east China's Jiangsu Provincewhich advises clients on the safe demolition of buildings. His firm successfully completed its first contract this May and has many other contracts in the pipeline.

Experts say the policy benefits the private sector given the fact that many veterans are well-trained and disciplined.

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