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China 16/09/2020 The digital economy is becoming an "incubator" of new jobs
The digital economy is becoming an "incubator" of new jobs

Tashkent, Uzbekistan (UzDaily.com) -- In China, the development of the digital economy serves as an important tool for stabilizing the employment market. The data show that in 2019, the contribution of the digital economy to China’s GDP growth was 67.7%. This indicator can be used to judge the importance of this sector for the country’s economy.

In 2019-2020, China has published a list of 38 new professions, where over 75% of jobs are associated with the digital economy, Rg.ru (Russia) reports.

In the context of a pandemic, the development of online business and sales of products using online broadcasting is taking place at an accelerated pace. Many Chinese have found new jobs in the digital economy.

This trend will continue as the pandemic weakens. The digital economy in China is becoming a powerful “incubator” of new jobs.

The deepening integration of the digital economy with the real sector has influenced the emergence of new segments, new formats and new business models, and wages in the digital economy segment are becoming more competitive.

Obviously, this contributes to the attraction of high professionals, their concentration within the segment, optimization of production, and also favorably affects the expansion of employment.

The recently released document, Proposals to Promote Flexible, Branched Employment, highlights the important role of developing new forms of employment, namely the accelerated development of segments such as e-commerce, mobile transport services, online education courses, Internet medicine, online entertainment and others. All this creates conditions for work from home and part-time employment.

The digital economy will continue to be a key driver of China’s economic development, becoming a powerful channel for attracting professionals and expanding employment.

 

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