CHINA TOPIX

11/22/2024 12:51:48 pm

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More Chinese Firms Hiring Staff This Quarter

More Chinese companies are hiring additional staff in the second quarter of this year to heed the call of the government to provide jobs to unemployed Chinese citizens, a recent survey showed.

According to global employment agency ManpowerGroup, around 19 percent of the 4,279 Chinese companies that were surveyed said they will hire more personnel in the April to June period. The percentage is higher from the previous quarter's 14 percent.

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Employers in Guangdong province showed the strongest hiring potentials in the second quarter, with 21 percent of the respondents saying they will add staff for various positions during the said period.

Around 20 percent of employers in Shenzhen also said they will be hiring additional workers, the survey showed.

Another employment firm, Hudson Global Inc, noticed an increase in hiring demand in the second quarter, which covers the months of April, May and June, with companies in the automotive, medical and consumer goods sectors leading the hiring.

Hudson Shanghai General Manager Cherol Cheuk also noticed a promising industry that is expected to hire more staff in the coming months - the e-finance industry. 

Cheuk said the employee demand in the sector is not that significant yet but with the growth in the country's e-commerce industry, demand for workers in e-finance is expected to surge.

Global recruiter Hays Plc of London also agreed with the findings that more Chinese companies will be hiring staff this quarter.

Hays China Director Simon Lance said the country's financial sector is expected to have a healthy demand for professionals because of the central bank's further liberalization.

"China's financial liberalization will increase demand for tax professionals," said Lance, adding that changes in the country's tax and financial policies will need to be interpreted by professionals.

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