China's development plan for labor and social security work
during the tenth five-year plan period (2001-2005) has been
completed, a labor and social security official told Xinhua
on Friday.
According to the
blueprint, in the coming five years China will set up a market-oriented
employment mechanism to improve the quality of labor and introduce
an independent social security system into the whole society.
The plan said that
during the five-year period, cities and towns across the country
will create 40 million new job opportunities, attracting as
many rural residents to into cities and towns.
During the period
China's urban registered unemployment rate will be controlled
at around 5 percent, the plan said, and at the end of the
year 2005, the ratio of the number of people engaged in primary,
manufacturing and service industries will be changed from
the current 50:22.5:27.5 to 44:23:33.
Those new graduates
from junior and senior high schools, if not enrolled in higher
education institutions or colleges, will all be able to receive
a one to three year occupation training by the end of the
period, according to the plan.
Also during the
period, the state will launch a big re- employment training
program to train as many as 10 million laid- off workers.
According to the
plan, by the end of the year 2005, all labor and work units
should be covered by basic endowment insurance, unemployment
insurance and medical insurance.
During the period,
the average annual wages increase rate will be around 5 percent.
(People's Daily
04/28/2001)
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