Economics, Econometrics and Finance
8 years ago

China's Industry Shifts Focus to Labor Quality for Employment Growth

Journal of Henan University of Science & Technology
Industry Evolving Path of Petty-Clark Principle in China
Yang Yu-hua

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The article discusses how industrial growth in China affects employment. As industries evolve and become more efficient, they create fewer jobs. To continue creating employment opportunities, the industry needs to focus on improving the quality of its workforce and advancing in technology. This shift will help maintain the positive impact of industrial growth on employment and rural labor forces.