Multiple measures taken to broaden channels for youth employment and entrepreneurship

2025-03-19

The 2025 government work report requires greater efforts to stabilize and expand employment. Employment is not only a family matter, but also a national affair. Youth employment is related to the hope of families and the future of the country. We need to take multiple measures to simultaneously address the supply and demand sides of youth employment, solve the bottlenecks and difficulties in youth employment, stimulate their enthusiasm and confidence in employment and entrepreneurship, broaden their employment and entrepreneurship channels, promote their growth to be compatible with socio-economic development, and establish a youth employment and entrepreneurship friendly society. The simultaneous efforts of both supply and demand to promote employment are in a state of equilibrium between labor supply and demand. To promote employment among the youth population, efforts need to be made from both the supply and demand sides to better match supply and demand. Enhance the employment capacity of young people from the supply side. On the one hand, in school education and talent cultivation, it is necessary to strengthen the organic combination of general education and skill cultivation, consolidate the foundation of young people's career development through general education, and better match talent cultivation with market demand through skill cultivation. On the other hand, establishing a sound vocational and career development education system can promote better alignment of young people's employment preferences with national strategies, industrial development, and new job opportunities. Stimulating the vitality of employment creation for business entities from the demand side. Firstly, through targeted policies such as tax reductions, social security subsidies, job expansion subsidies, and internship subsidies, enterprises are encouraged to increase the creation of employment opportunities suitable for the youth population. Secondly, China's higher education has entered the stage of popularization, and the education level of the youth group is relatively high. The country needs to promote the development of emerging industries and digital economy, vigorously promote the construction of modern industrial system, fully tap and utilize the human capital of the youth group, and provide more high skilled job positions for them. Improve the institutional mechanism for matching supply and demand. Firstly, improve employment guidance and career planning services. Secondly, provide comprehensive employment information services for young people, and improve the efficiency of youth employment matching through forms such as job postings, job recommendations, online and offline job fairs. Multi dimensional promotion of youth entrepreneurship. Firstly, a good entrepreneurial environment is the key to successful entrepreneurship among young people. We need to continuously optimize the entrepreneurial environment and enhance the accessibility of entrepreneurial resources. Strengthen the construction of incubation bases and innovation platforms, encourage deep cooperation between universities, research institutions, and enterprises, share resources such as technology, venues, and equipment, and provide a fertile ground for young entrepreneurs to grow. Fully utilize the dividends of technological progress, promote digital entrepreneurship, build an online entrepreneurship platform that integrates policy consultation, project docking, financing support, and other functions, establish an organic integration of online and offline entrepreneurship platforms and incubation bases, and improve the accessibility of entrepreneurial resources. Give full play to the leading role of leading enterprises, encourage them to open up supply chain resources, drive start-ups to integrate into the industrial chain, and promote the healthy development of the entrepreneurial ecosystem. Secondly, improve entrepreneurship support policies and guarantee systems. Efforts should be made to increase entrepreneurship training, providing training covering market development, financial management, enterprise management, and other aspects to enhance young people's entrepreneurial abilities. Establish a special entrepreneurship fund to provide low interest loans, venture capital and other financial support for start-up enterprises, alleviating financing difficulties. By implementing preferential policies such as tax and fee reductions, social security subsidies, etc., the operating costs of start-up enterprises can be reduced, and young people can be encouraged to dare to explore and try. Finally, support the integration of youth entrepreneurship with major national strategies. For example, supporting young people to return home and start businesses, assisting in rural revitalization, and encouraging young people to take advantage of technological progress opportunities to carry out technology-based entrepreneurship. Targeting different types of entrepreneurship, targeted and effective support measures have been introduced in areas such as entrepreneurship financing, venture capital, entrepreneurship subsidies, land policies, and data policies. Cracking down on the bottlenecks and difficulties in employment and entrepreneurship poses significant challenges for the employment of young people, including overall pressure, structural contradictions, and market risks. It is necessary to focus on addressing these bottlenecks and difficulties in employment and entrepreneurship. In response to the high pressure on youth employment, it is necessary to establish an employment friendly development model. Firstly, it is necessary to enhance the employment driving force of economic development, increase the scale of employment in high-quality development, and improve the quality of employment. Guiding job supply through policies, encouraging emerging industries to absorb employment through tax incentives, moderately expanding public positions such as grassroots services and community governance, and supporting new forms of employment such as sharing economy and flexible employment. Secondly, it is necessary to implement the employment priority policy and make employment one of the main policy objectives in macroeconomic policies such as monetary and fiscal policies; In industrial policies and regional policies, it is necessary to comprehensively consider industrial development, regional development, and employment growth, and enhance the employment orientation of policies. Establish and improve the employment evaluation mechanism for major policies, major projects, and major productivity layouts to encourage them to create more employment opportunities. Finally, it is necessary to establish a youth employment and entrepreneurship friendly society, fully stimulate the advantages of high education level, passion, and creativity of young people, and make up for their shortcomings in work experience and market experience through institutional design, forming a friendly atmosphere and institutional environment that encourages youth employment and entrepreneurship. To address the structural contradictions in employment, it is necessary to work together from multiple parties. Firstly, promoting the growth of young people is in line with socio-economic development, and the most crucial aspect is that talent cultivation should be in line with socio-economic development. Guiding talent cultivation with national major demands and market signals, establishing dynamic adjustment mechanisms for disciplines and majors, training plans and teaching content, student scale and structure. Encourage school enterprise cooperation, promote deep participation of enterprises in talent cultivation, and enhance the alignment between curriculum and industrial development. Improve the internship and training process, establish a standardized internship and training system, make it an organic part of talent cultivation, and a key step for schools to connect with society. Secondly, improve the information mechanism of the labor market, enhance the transparency of information between enterprises and job seekers, and reduce information asymmetry in the labor market. Develop career agency and headhunting services, provide precise employment matching, and reduce the supply-demand mismatch caused by labor market frictions. Thirdly, alleviate the structural contradiction of "having work but no one to do it, and having people but no work to do it" through policy measures. For example, through supporting support such as registered residence and social security policies, reduce the cost of employment in different places, encourage young people to flow to industrial clusters with sufficient jobs, and ease the regional structural contradiction of employment. Through skill enhancement programs, policies encourage enterprises to strengthen on-the-job training and skill improvement, so that the skills of young people can better adapt to the development of industries and sectors. In response to market volatility risks, it is necessary to establish a key industry employment warning mechanism, provide "unemployment insurance+retraining" linkage guarantee for affected youth, improve social security and labor protection for new forms of employment, and enhance employment resilience. (Liao Xinshe) Author: Zhao Zhong (Dean and Professor, School of Labor and Personnel, Renmin University of China)

Edit:Luo yu    Responsible editor:Jia jia

Source:GMW.cn

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