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The Oxford Companion to the Economics of China$
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Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, and Xiaobo Zhang

Print publication date: 2014

Print ISBN-13: 9780199678204

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199678204.001.0001

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Labour and employment in China

Labour and employment in China

(p.393) 64 Labour and employment in China
The Oxford Companion to the Economics of China

Yaohui Zhao

Oxford University Press

The dualistic nature of the Chinese economy has been widely noted. This chapter examines labour and employment in urban and rural China. It covers labour force participation, retirement policy, and unemployment. It shows that urban residents start working at older ages and retire earlier, while rural residents start working at younger ages and retire later. In terms of labour supply, urban China behaves like a welfare society in Western Europe while rural China behaves like a low income developing country. Unemployment is also mainly an urban phenomenon.

Keywords:   urban-rural divide, rural employment, urban employment, labour force participation, retirement policy, unemployment

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