Some 11.6 million students who will be graduating from school in China will be facing one of the country’s biggest unemployment challenges.
The Chinese government says it has plans to stimulate job creation in the country by providing subsidies for companies that will hire unemployed graduates whiles state-owned enterprises are to recruit 1 million trainees this year.
President Xi Jinping has advised graduates not to set their sights lower in terms of expectations as many set their targets on high-end jobs.
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Meanwhile, in the Chinese province of Hainan, authorities are embarking on a campaign to create some 30,000 jobs out of which 470 are earmarked for foreigners.
Jobs will be in the areas of tourism, services, and high-tech industries while those earmarked for 470
“international talents” will be in the areas of foreign language teaching, aviation, and hotel management.
Source: Reuters, The Guardian
By: Samuel Swanzy-Baffoe