Underlining job creation
Fresh efforts are under way to create a vibrant and flourishing job market in Xiongan New Area in Hebei province, with focus largely on occupational training and startup incubators, local government officials said.
The move is considered essential to improve the area's business environment, as Xiongan is fast emerging as a destination of choice for overseas and domestic businesses but still has a lot to improve.
"Speaking of its labor market ... a majority of workforce in Xiongan are farmers, but traditional industries like farming have smaller room for further development, as the area is eyeing more emerging businesses, investments, and is advancing to larger prosperity," said Zhou Minliang, an economist at the Institute of Industrial Economics of the Chinese Academy of Social Sciences.