The city of Wuhan, in Central China's Hubei province, has drawn nationwide attention after it launched a large-scale recruitment event targeting college and university graduates on Dec 2, according to local media reports.
A total of 12,000 job opportunities are to be offered at the on-site event, as well as more than 500,000 job positions to be offered through an online event.
More than 230 well-known companies based in Wuhan - including Xiaomi Technology, Yangtze Memory Technologies, Guide Infrared, and WuXi AppTec - will attend the offline recruitment event.
Wuhan has taken the employment of college students and the gathering of talents for innovation and entrepreneurship as a pilot project for economic recovery and revival.
In order to actively and effectively respond to the impact of the COVID-19 epidemic, Wuhan has established a leading group for the employment and entrepreneurship of college graduates in Wuhan, to ensure the smooth and full employment of college graduates.
Wuhan has issued 22 policy innovation measures for college graduates who stay in the city for employment and entrepreneurship opportunities, and is providing a one-time job-hunting and entrepreneurship subsidy of 1,400 yuan ($214.48) per person to some 310,000 fresh graduates from Wuhan-based universities, vocational colleges, and technical colleges.
Wuhan provides assistance throughout the entire process for unemployed graduates to settle down in the city, transfer files, transfer organizational relationships and other related services.
From January to October this year, the employment funds directly used for the employment and business start-ups of college graduates in the city exceeded 500 million yuan.
Following a series of measures, the employment rate of 2020 graduates has risen from 31 percent at the end of March to 85 percent at the end of November.
From January to November, 275,000 college and university graduates found employment in Wuhan city.
