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WTO
Entry: A Two-edged Sword for China's Employment Market
China's
accession to the World Trade Organization (WTO) will bring
both opportunities and challenges to the country's employment
market.
Employment
opportunities in agriculture will decrease sharply, while
the volume in the tertiary industry is expected to grow dramatically.
In the secondary industry, job opportunities will increase
in some sectors, Li Binsheng, deputy director of Policy Research
Department under the All-China Federation of Trade Unions
(ACFTU) was quoted as saying.
"The
industries, including computer, automobiles, electronics,
petrochemicals, steel and machinery, were started late in
China and are not very developed or competitive," he
said, adding that they are more likely to be badly influenced.
With a
huge population, China has been under employment pressure
for a long time. Many workers have been laid off or transferred
to other jobs when their enterprises have been restructured
or reorganized. (People's Daily January 24, 2002)
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