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China’s Digital Economy Promotes High-Quality Employment

The digital economy of China has long played a significant role in enhancing work prospects, streamlining the employment hierarchy, and generating fresh approaches to resolving labour market challenges.

The recent publication “Research Report on China’s Disability Care (2023)” made note of the fact that the emergence of the digital economy era has given rise to the prospect of changing the job structure for the disabled.

Reports cited that with the rise of the Internet, the digital economy has created a lot of new jobs, and the ability of related businesses to take on workers has grown quickly. This has also made it easier for college students with disabilities to find work.

On one side, it illustrates the significance of the digital economy for high-quality employment. The digital economy has currently given rise to a substantial number of new industries, formats, and business models, as well as a significant number of new employment types.

The number of jobs supported by the digital economy will reach 449 million in 2030, according to the report “2023 Frontiers of China’s Digital Economy: Platforms and High-Quality Full Employment” published in February of this year.

The digital economy is inextricably linked to the actual economy. Through the coordinated growth of the digital industry, production efficiency is increased, scale expansion is supported, and old occupations and positions are endowed with new implications, such as online doctors and online vehicle drivers. Workers’ freedom of choice opens additional opportunities for different groups to find work.

At the same time, there are some issues that the nation has addressed immediately in the process of promoting employment in the digital economy. For example, there is a significant shortage of digital talent, inadequate protection of labour rights and interests for new types of employment groups, and employment services that adapt to labour mobility and diversification of employment methods must be improved.

In this regard, it is critical to capitalise on the digital economy’s potential to create new jobs, update the labour structure, and encourage higher quality and fuller employment of relevant talents.

Also, encourage the rapid development of the digital industry and the development of digital skills. Continually promote new formats and models of digital production, cultivate new economic growth points, and create more emerging employment opportunities in emerging industries such as the Internet, the Internet of Things (IoT), big data, cloud computing, and artificial intelligence (AI).

For China, promoting the deep integration of the Internet, big data, AI, and the real economy, encourage the digital transformation of traditional industries, and encourage more workers to switch careers to increase employment. In addition to promoting digital knowledge and skills education at all school levels and establishing and enhancing a multi-level and multi-type digital talent training system.

Alternatively, strengthen the construction of digital employment service platforms and enhance the employment security system that conforms to the laws of the digital economy. Through legislation that clarifies the labour relationship identification mechanism for new employment forms of workers, improves their labour rights and interests protection measures, and adapts the social insurance system to the characteristics of digital work.

Also, making detailed regulations on standard working hours and social insurance payment for digital practitioners, solving problems such as account transfer connection issues and risk compensation issues faced by flexible employees, and strengthening social security for new employment forms.

The nation also implemented “Internet +” public employment and entrepreneurship services that resulted to strengthen the construction of national public employment information service platforms, enhancing mobile terminal applications, developing an intelligent service system that combines policy interpretation, business management, and consultation as well as enhancing digital public employment and entrepreneurship service capabilities.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.