Importance of Upskilling for China's Workforce Amid Economic Changes - PRESS AI WORLD
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Importance of Upskilling for China's Workforce Amid Economic Changes

share-iconMonday, December 30 comment-icon3 weeks ago 7 views
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Importance of Upskilling for China's Workforce Amid Economic Changes

Credited from: SCMP

  • China's economy is experiencing **new challenges** including weak domestic consumption and high youth unemployment.
  • Research indicates that **60% of Chinese workers** fear their skills may become obsolete in the next five years due to technology.
  • A significant **70% of workers** in China have taken steps to improve their skills in recent years in response to technological advancements.
  • There is a noticeable **misalignment** between China's education system and the demands of the modern labor market, with 36% feeling inadequately prepared.
  • The Chinese government is urged to **transform skill development systems** to better align with the demands of a hi-tech, post-industrial economy.

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