China's employment situation remained stable in 2023, and the authorities have made continuous efforts to assist people who are more vulnerable to the volatility of the job market.
The employment situation in 2024 remains challenging because of factors such as the fast-changing international landscape, economic condition at home, private enterprises' below par performance, and the increasing number of college graduates.
China's college graduates in 2024 are expected to reach 11.79 million, seeing a year-on-year increase of 210,000, according to the Ministry of Education.
Qingdao, Shandong province has recently unveiled a forward-thinking policy aimed at lowering the residence registration threshold for renters under specific conditions.
China will remain a highly favored investment destination for European companies in the long run, given its latest policy measures to boost market confidence and its efforts to reinforce its position in the global industrial, innovation and capital chains, experts and business executives said on Aug 29.
The job market in Qingdao, Shandong province witnessed stable improvement in the first quarter of this year as labor demand grew stronger amid a robust economic recovery.
Qingdao's first offline special recruitment event for foreign trade enterprises since 2020 was held on March 15, with more than 40 high-quality foreign trade enterprises offering nearly 500 positions.
The eastern coastal city of Qingdao, Shandong province has devoted great energy to improving public well-being, ensuring more equitable access to basic public services and developing a better multi-tiered social security system.