Caixin
Jun 23, 2022 07:11 PM
CHINA

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

A job fair for college graduates is held at a shopping mall in Zhengzhou, capital of Central China's Henan province, on June 17. Photo: VCG
A job fair for college graduates is held at a shopping mall in Zhengzhou, capital of Central China's Henan province, on June 17. Photo: VCG

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.

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