China's Employment Challenges and Strategies after the WTO Accession:

Although China has made impressive progress in economic development and improving social well-being, it is facing many daunting challenges while transforming toward a knowledge and service-based economy and further opening up to international competition after its WTO accession in the context of kno...

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Bibliographische Detailangaben
1. Verfasser: Zeng, Douglas Zhihua (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 2005
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Zusammenfassung:Although China has made impressive progress in economic development and improving social well-being, it is facing many daunting challenges while transforming toward a knowledge and service-based economy and further opening up to international competition after its WTO accession in the context of knowledge revolution. One of the biggest challenges is how to create 100–300 million new jobs in the coming decade to absorb the millions of laid-offs, rural emigrants, and newly added labor force. China has been successful in building high-technology parks and information and communications technology (ICT) industries, but they are limited in terms of employment generation, while most of the traditional labor-intensive industries are losing competitiveness due to low productivity. To combat the unprecedented employment challenge, China must implement a systemic and sustained strategy, which may consist of the following policy thrusts: encouraging the private sector; promoting small and medium enterprises; expanding the service sector; reforming the state-owned enterprises; strengthening the social security system; improving labor market flexibility; and establishing mass retraining programs. This paper—a product of the Knowledge for Development Division, World Bank Institute—is part of a larger effort in the institute to provide country-focused knowledge services for client countries
Beschreibung:Weitere Ausgabe: Zeng, Douglas Zhihua: China's Employment Challenges and Strategies after the WTO Accession
Beschreibung:1 Online-Ressource (35 Seiten)