CHINA China to upskill workforce to expand employment

CHINA

China to upskill workforce to expand employment

People's Daily app

23:32, April 30, 2019

BEIJING, April 30 (Xinhua) -- China will finance vocational training with 100 billion yuan (about 14.8 billion US dollars) from the country's unemployment insurance fund balance to upskill the workforce, according to an executive meeting of the State Council.

timg.jpg

(File photo)

The meeting presided over by Premier Li Keqiang Tuesday decided that a special capital account will be established to advance the task of vocational skills upgrading.

Utilization of the fund will be tracked and relevant information will be disclosed to the public, while those who fake training to fraudulently obtain the fund will be punished in line with laws, the meeting noted.

The adjustments of vocational training subsidy policies by local governments will be supported, and all eligible workers can take skill-training programs and receive subsidies, said the meeting.

Vocational schools are encouraged to expand their training to cover more people, while companies and social training agencies will be given support for launching training courses on professional skills.

Privately-run training institutions shall enjoy the same treatment as public counterparts do when it comes to government-purchased services.

Training quality must be ensured to improve the pertinency and effectiveness of vocational skill-upgrading programs, the meeting stressed.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue