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China Daily | Updated: 2008-10-07 07:43
铁饭碗 (tie fanwan)
Iron Rice Bowl
A guaranteed job many Chinese people dreamed of getting during the era of the planned economy. People didn't need to worry about their future once they gained a post usually in government departments and State or collectively run factories. But since the reform and opening-up was adopted in 1978 and the new labor system and the market economy came into being, such a stable employment model, which hindered people's creativity to a large extent, has gradually been shattered. The establishment of the new and competitive employment model has contributed a lot to the country's productivity and its rapid development.
(China Daily 10/07/2008 page8)
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