China outlines jobs plans And social-security reforms

Oct 10

At an October 10 SCIO briefing, China's human-resources and social-security ministry reports 10.52 million new urban jobs in January–September, 87.7% of the annual target, and an average 5.2% surveyed urban unemployment rate in January–August. It outlines 15th-plan employment-first measures for young people and flexible workers. Li Zhong describes five initiatives involving AI, skills, migrant workers, public employment services and human-resources services, plus rights protection, minimum wages, skills-based pay and wage-arrears prevention. The report gives September pension, unemployment and injury-insurance enrollment of 1.079 billion, 251 million and 327 million, with combined accumulated balances of 11.2 trillion yuan. It describes prospective flexible-worker pension inclusion, enterprise-annuity pilots, personal pensions, coverage transfers and nationwide card-based services.

At an October 10 SCIO briefing, the human-resources and social-security ministry outlined its 15th-plan employment and social-insurance program. It presented current jobs and coverage figures and employment-first plans for youth, flexible workers, AI-related employment, skills and services. Li Zhong described worker-rights, wages and arrears measures. Planned social-insurance changes include pension participation, enterprise-annuity pilots, personal pensions and more portable nationwide services. The briefing announces a connected labor and social-protection program, not completed achievement of its future targets.