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Platform providers to boost employment in China

By Cheng Yu | chinadaily.com.cn | Updated: 2023-01-09 13:48
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Visitors gather at the booth of the Tencent Cloud during an expo in Fuzhou, Fujian province on July 22, 2022. [Photo/VCG]

China's platform companies are expected to play a bigger role in driving employment and creating new jobs, according to a report by Chinese Academy of Personnel Science and tech giant Tencent Holdings.

Over the next five years, Tencent's digital ecosystem is expected to help create 31.8 million new jobs, the report said, adding that the company has driven the development of 147 new jobs.

"Restoring the expectations and confidence of platform companies this year will drive them to promote high-quality employment," said Zhang Yansheng, chief researcher at the China Center for International Economic Exchanges.

"They can also maximize their role of driving the integration of digital technologies and real economy to offer fresh impetus to new occupations and high-quality employment," Zhang said.

chengyu@chinadaily.com.cn

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