BEIJING China's new generation of migrant workers is more ambitious, quicker to quit jobs and less likely to return to farming than their parents, according to an official survey released on Monday.
People born after 1980 account for about 60 percent of China's 240 million migrant workers, and their changing habits and aspirations will help determine the development of the country's manufacturing sector and broader economy.
Young Chinese migrant workers earn an average 1,747.87 Chinese yuan ($277) a month, about half the average urban salary, but with high expectations for personal development, according to the survey by the All China Federation of Trade Unions.
They are likely to change jobs three times as frequently as their parents, the survey found.
They also have far less experience in farming than their parents, according to the survey, an indication that they will choose to remain in urban areas even if they cannot obtain the residency permits required to obtain the full range of social benefits.
As a way of accommodating this movement, the trade union recommended that the government allow at least 4 million young migrant workers to settle permanently in cities every year.
Of the 2,711 respondents, 74 percent worked in manufacturing, 84 percent were employed in the private sector and 76 percent were based in coastal areas.
(Reporting by Zhou Xin and Simon Rabinovitch; Editing by Susan Fenton)
India to receive normal rains, not surplus, as La Nina chances fade
MUMBAI/NEW DELHI India will receive normal rainfall over the 2016 monsoon season, not surplus as previously expected, with the chances of a La Nina weather pattern emerging over the period seen as unlikely, three senior officials at state-run weather department said.
Piramal to partner Bain Capital for distressed-debt investment
MUMBAI Piramal Enterprises Ltd said it would partner Bain Capital to invest in distressed assets, becoming the latest entrant in the space as the nation's banks are on a drive to clean up $120 billion of sour debt.
China takes aggressive steps to fend off banking, financial risks
BEIJING/SHANGHAI China took aggressive steps on Wednesday to head off signs of growing risks in its financial and banking system, unveiling detailed rules to curb an unruly peer-to-peer (P2P) lending sector and intervening in its money markets.