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Six central features of the Chinese labour market: A literature survey
Author(s) -
SONG Yang
Publication year - 2017
Publication title -
international labour review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.433
H-Index - 46
eISSN - 1564-913X
pISSN - 0020-7780
DOI - 10.1111/ilr.12016
Subject(s) - labour economics , unemployment , economics , labor market segmentation , earnings , economic shortage , china , wage , inequality , private sector , economic growth , government (linguistics) , mathematical analysis , linguistics , philosophy , mathematics , accounting , political science , law
In this comprehensive analytical overview, the author pays particular attention to the changing structure of China's employment towards more private‐sector jobs in urban areas; its rising wages and widening earnings inequality; the persistence of its hukou system, causing labour market discrimination, an urban labour shortage and a rural labour surplus; its more market‐oriented wage structure, albeit with segmentation between firm ownership types; its relatively low unemployment; and the relatively weak role of its traditional labour market institutions, including minimum wages and trade unions. The aim is to contribute to the development of more suitable, China‐specific theoretical models and sound policy analysis.