China’s best and brightest still prefer government jobs over joining the private sector, says professor Zhang Juwei, a researcher at the Chinese Academy of Social Sciences’ Institute of Population and Labor Economics to CNN. “The private sector in China is not very well structured or developed.” But government jobs are hard to get
Category Archives: graduates
A fast changing China has produced highly different generations, although the concept of individualism is even for the generation from the 1990s mostly Western wishful thinking, argues China veteran Tom Doctorof, author of What Chinese Want: Culture, Communism, and China’s Modern Consumer at the Asia Society. Why rebels are not appreciated in China.
Xi Jinping´s anti-corruption drive and ongoing economic reforms makes it labor force into a hard-to-manage challenge, tells journalist Wei Gu to CNN. Qualified people do not dare to apply for jobs, and finding jobs for those losing employment is equally tough.
China´s labor conditions were notoriously bad, but the shift to higher-skilled, younger laborers, and better legislation has changed the country profoundly, writes urbanization expert Sara Hsu in the Diplomat. Although, there is still room for more improvement.
Remembering the gruesome past of the Cultural Revolution has been a touchy issue, suppressed by the government, even though many at the current leadership have been victims themselves. Journalist Ian Johnson describes how things might be changing in the New York Review of Books.
The wealth gap in Hong Kong is widening and WSJ wealth editor Wei Gu explains who are the winners and the losers. That economic disparity has been an underlying ground for the recent protests in Hong Kong, she explains. Real estate en retail belong to the winners, students and workers lose most of the time.
While slowly the private companies are gaining strength, job seekers in China prefer the civil service over a corporate career, tells Zhang Juwei of the Chinese Academy of Social Sciences’ Institute of Population and Labor Economics at CNN. And that might not change very fast.
Internet search engine Baidu is now the most-wanted employer for graduates from Beijing’s top universities, writes their director communication Kaiser Kuo on their weblog Baidu Beat. Job search engine Zhaopin listed the internet company as the 2011 Best Employer.