A vast majority of Chinese manufacturers are facing labour shortage. According to a survey of China International Intellectech Co. (CIIC), the shortages range from a few hundreds to thousands of workers in many factories constituting equivalent to 10%-30% of their total work force.
Chinese businesses face labour shortages of 70% and it is 55% for companies, according to the ‘Blue Collar Employment and Compensation Management Report 2021’. China’s Ministry of Education has forecasted a shortage of nearly 30 million manufacturing workers by 2025. Although, a large number of young people enter into job market every year, they lack appropriate skills […]
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