Record number of graduates face tough job market entry

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Yang Zheng, who graduated with a master's degree from Fudan University in Shanghai in March, said that he received three offers from companies in the city, but finally chose a high-tech enterprise in neighboring Hangzhou.

"I've spent about seven years in Shanghai, it's time to explore a new world," he said, laughing. "The most important reason I chose Hangzhou is the city's potential development in the high-tech industry, which can bring us more opportunities."

Also, these new first-tier cities have preferential policies for residence permits and financial incentives to lure more talent.

For example, Zhenjiang in Jiangsu province, promised bonuses of 150,000 and 200,000 yuan for house purchases to graduates with master's and doctoral degrees, respectively, after they work in the city for three years.

Haikou, capital of Hainan province, is attracting college students with a monthly rent subsidy of 1,500 yuan, with an 18,000-yuan allowance to graduates who decide to buy an apartment there.

Employment, especially some groups such as college graduates and demobilized military staff, remains a priority to the government.

Premier Li Keqiang said at a teleconference on May 13 that employment pressure will be felt this year by a larger number of college graduates. However, promoting employment, especially for college students, is of great importance for economic development and social stability.

To better secure the employment of graduates, government at all levels issued policies to reduce discriminatory practices these new graduates may encounter when hunting for a job.

For example, the Ministry of Human Resource and Social Security said in February that employees are not allowed to define positions based on gender or to ask for a female job-seekers' marital status, to protect women' rights in the job market.

Also, the Ministry of Education required colleges to reinforce campus recruitment activities, prohibiting discriminatory information concerning gender, nationality and college levels.

According to the ministry, the number of college graduates is projected to reach a record high of 8.34 million this year, up by 140,000 from 2018.

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