Liangjiang New Area
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■ Low labor cost and household registration system ensure the influx of talents from rural areas to urban areas.

 

 

Labor cost bases itself on the legal minimum wage. Pay level of Chongqing is 20% to 30% lower than that of costal areas. Besides, Chongqing’s average wage is lower than the national average wage.

 

■ Thanks to household registration reform system and fruitful higher education, Chongqing, compared with costal areas, is having a larger and larger talent supply both in quantity and quality.

Talents from Midwest China such as Sichuan, Yunnan and Guizhou and Chongqing workers who returned from coastal areas make up Chongqing’s human resources and meet its basic needs. The unemployment in Chongqing stands around 5%, which is relatively lower than that of coastal areas and household registration reform system can explain it. Many inland farmers get permanent urban residence certificate after the reform and work near their birthplace, thus, with employee’s education background and benefits taken into consideration, employers can hire workers at a cost much lower than that of coastal areas.

There are 64 higher educational institutions (colleges and universities included), with 300 thousand graduates every year. Many universities like Sichuan International Studies University (Sisu) train and cultivate talents qualified for Japanese language.