China’s Modernization Efforts Continue; Labor Forces Benefit as Productivity Increases
Jenia Cane | | Mar 13, 2016 05:53 PM EDT |
(Photo : (Photo by ChinaFotoPress/Getty Images))
While China's modernization efforts have been sustained, several benefits are being experienced by the labor sector.
At the annual session of China's legislature, the National People's Congress (NPC), industrial modernization was reportedly a hot topic.
This was boosted by the agreement between the policy makers and entrepreneurs that indeed innovation bolster economic growth as compared to what was described in the government website as "China's old model of cheap manufacturing."
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As technology strides, especially with the Chinese government's support, the labor forces as well as business owners have felt its benefit since their production efficiency have greatly increased.
As one of the almost 3,000 deputies to the NPC session who have admitted to be benefitting from China's modernization, Wang Minghui, head of traditional Chinese medicine company Yunnan Baiyao Group, revealed that he has been enjoying the benefits of it. In fact, his company has continuously hit 30 percent growth in profits for 16 consecutive years when he opted to adopt both traditional and modern science.
In the meantime, Zhou Wen, a 26-year-old employee of the textile company Ruyi Group who confessed of being an iPad addict, shared that his job, which requires him to drive a battery-operated car to roam around the new Ruyi plant in northwest China and some other locations with the help of maps in his Apple device.
"It is like a game, with new quests every day," he said.
Prior to China's modernization, workers in the past had to walk up to 16 kilometers per shift just to do their job.
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