Anger over demanding work hours in China’s tech industry has produced a new online campaign asking employees at the country’s most well-known companies to reveal their schedule, as the ‘996’ culture – working 9am to 9pm, six days a week – continues amid increasing public scrutiny, reports the South China Morning Post. A collaborative spreadsheet […]
Category: Employment & Education
China’s Ministry of Education has given after-school tutoring institutions until the end of the year to register as nonprofit entities, reports Caixin. The announcement published on Tuesday confirms that Beijing’s municipal education commission had instructed executives of leading tutoring companies to reorganize their business models and become nonprofits by the end of this year. According […]
The National Development and Reform Commission (NDRC) has announced that China’s local governments should set the fees charged by after-school tutoring institutions offering compulsory education subjects, reports Caixin. The announcement outlines another step in the country’s plan to restructure the private education sector. Local governments should establish benchmark fees and floating ranges and include them […]
China’s central bank will increase relending quotas by RMB 300 billion ($46.4 billion) to help banks provide loans to small and medium-sized companies and self-employed individuals, reports Caixin. The move is part of the central government’s wider measures to maintain the stability of market entities and employment, and support economic growth, according to a State […]
Both ride-hailing giant Didi and e-commerce powerhouse JD.com have established a union for their staff, in a watershed moment for the Chinese tech sector where organized labor is extremely rare, reports Reuters. Reuters quoted “two people familiar with the matter” who said that Didi’s union will be initially managed by employees at its Beijing headquarters […]