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China urges SMEs to  hire college graduates

China urges SMEs to hire college graduates

June 13, 2022

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China urges SMEs to hire college graduates

Web DeskbyWeb Desk
June 13, 2022
in China
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China urges SMEs to  hire college graduates
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China has called on small and medium-sized enterprises (SMEs) to hire fresh college graduates, according to a CMG report on Sunday.
The National 100-Day SMEs Online Recruitment of College Graduates in 2022, jointly launched by the Ministry of Industry and Information Technology (MIIT) and the Ministry of Education (MOE), has been held since May. But due to the pandemic, the event has been held online.
So far, more than 750,000 jobs have been posted by about 110,000 companies, and more than 1.2 million resumes were submitted by college graduates, the report said, citing the MIIT.
SMEs have become an important pillar for China to stabilize its employment, given that they generate over 85 percent of employment in the country, according to the report. The MOE’s statistics suggest the number of college graduates in 2022 is expected to reach a record high of 10.76 million. In east China’s Shanghai, the local government has rolled out a series of measures to improve the city’s employment of college graduates on account of the intensive competition this year. – CGTN

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