State Firms Urged to Recruit More College Graduates Amid Bleak Job Market

China’s top state-asset supervisor has urged state-owned enterprises (SOEs) to hire more college graduates this year, in an effort to bolster a job market that has been hit hard by the Covid-19 pandemic and last year’s regulatory crackdowns.

At a recent meeting on graduate employment, the State-owned Assets Supervision and Administration Commission (SASAC) said that all centrally-administered SOEs and local SASAC branches need to explore ways to create more jobs. They should launch their summer campaigns to recruit fresh graduates as soon as possible, the commission said.