China issued a labor market regulation
Beijing. Jul 19. Silkroadnews - The Cabinet of Ministers of China has published a provisional regulation on the human resources market to more effectively support employment and entrepreneurship, Xinhua reports.
This is China’s first administrative regulation on job hunting, hiring and related services in the labor market.
The decision will come into force on October 1, 2018, according to the decree of the State Council signed by Prime Minister Li Keqiang.
The move is aimed at bringing order to activities in the market, promoting rational movement and optimal allocation of human resources.
The document says the governments at the district level should create information systems on the labor market, covering both rural and urban areas, as well as various industries. At the same time, local authorities or institutions should not introduce illegal restrictions on the rational movement of human resources.
In addition, the document notes the need for more reforms to simplify administrative procedures in the labor market, delegate authority to lower levels and improve services. It also stresses the need for the efforts to improve control over the labor market and maintain order of improving the credit system.