Economy

China forms HR market allocation mechanism

(Xinhua)
Updated: 2010-09-10 16:00

BEIJING - A market allocation mechanism for human resources has basically taken shape in China, says a white paper issued by the Information Office of the State Council on Friday.

According to the paper titled "China's Human Resources", a multi-dimensional human resources market has gradually been formed in China since the 1980s as its economy, dominated by the public ownership, is growing along with diverse forms of ownership.

From 1998 to 2009, the number of those employees in state-owned entities dropped from 90.58 million to 64.20 million, a decrease from 41.9 percent of all urban employees to 20.6 percent, the paper says.

The number of those employees in limited liability companies and companies limited by shares rose from 8.94 million to 33.89 million, an increase from 4.1 percent of all urban employees to 10.9 percent, it says.

In addition, the number of those employees in private entities or self-employed individuals grew from 32.32 million to 97.89 million, a rise from 15 percent to 31.5 percent.

According to the white paper, the Chinese government has removed one obstacle after another in mechanisms that restrain the free flow of the work force by reforming social security, household registration and university graduate distribution systems.

"These measures have contributed to the vibrant flow of labor force across the country's regions, industries and trades," it says.

In 2009, workers registered for employment at various human resources service agencies was 97 million, and 36 million people succeeded in seeking jobs or changing their jobs, an increase of 77 million and 26 million respectively, as compared with the year of 2000, according to the document.

The number of farmers, who went to cities to seek employment or worked in non-agricultural sectors in local areas for at least six months, totaled 229.78 million in 2009, the paper says.