Yin Weimin, minister of human resources and social security, speaks at a news conference on the sidelines of the 19th National Congress of the Communist Party of China.[Photo by Edmond Tang/China Daily] China's job market remains generally stable due to a stabilizing economy and pro-employment policies despite the economic slowdown, a top human resources official said on Sunday. The country is confident about a sustained employment market as it moves forward to build a moderately prosperous society in 2020, Yin Weimin, minister of human resources and social security, told a news conference on the sidelines of the 19th National Congress of the Communist Party of China. More than 65 million job opportunities were created in the past five years and 25 million laid-off workers were reemployed, he said. The general employment market in China is stable. On average, more than 13 million new job opportunities were created every year in the past five years in the urban areas, he told reporters. Both the surveyed and registered unemployment rate in urban areas remained low though the growth of the Chinese economy has slowed down as reform of economic structure continues. The CPC Central Committee has attached great importance to employment and Xi Jinping has said employment has a vital bearing on the people's livelihood and is related to life of thousands of families, he said. The steady labor market came off the back of a stabilizing economy. The Chinese economy continues steady expansion with a medium-high growth rate and this created favorable conditions for employment, he said. To ensure stable employment, China has rolled out an array of pro-employment and entrepreneurship policies, while the country's entrepreneurial wave and the growth of the tertiary industry has also helped fuel job creation, the minister said. Thanks to the pro-entrepreneurship policies, currently 160,000 new economic entities are registered a day on average, which helps boost job opportunities, he said. The growth of the proportion of the tertiary industry, which needs more labor than the secondary industry, in the Chinese economy has also contributed to the stable employment. From 2011 to 2015, 1.5 million new job opportunities were created, adding one percentage point every year to GDP growth. Since 2016, the number rose to 1.8 million, said Yin. He said, however, the country still faces many challenges. Next year, the number of university graduates will reach an unprecedented high of 8 million and the number will remain high for a while. Meanwhile, there is a supply-demand gap for skilled workers in the country. fabric wristbands
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TAIPEI -- The application of Taiwan Power Co (Taipower) to restart the second reactor at its No 2 nuclear plant has been approved by the island's atomic energy authority.Taiwan's legislative body has the final say on the restart.Taipower applied to the atomic energy authority on Feb 5 to restart the reactor which was shut down in May 2016, when it had a short circuit during maintenance.Taipower said if the reactor is restarted, the No. 2 nuclear power plant would increase its operating power reserve margin by three percent, and would alleviate the shortage of power supply in Taiwan.The Democratic Progressive Party (DPP) authority has pushed a nuclear-free policy to phase out all existing nuclear power plants in Taiwan by 2025.Taiwan has four nuclear plants. The fourth has never been put into use. There are a total of six reactors in the first three nuclear power plants, but only half of them are operating.The reduction in nuclear power and increase in fossil energy has caused air pollution in Taiwan, and strong protests from the public.Taiwan's atomic energy authority has organized a group to conduct a one-month investigation into nuclear safety and waste management at the reactor.It is not clear whether the reactor will be restarted before the summer power demand peak which starts in May.The DPP insists that its aim of a nuclear-free Taiwan by 2025 will not be changed.
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