By Jiang Junlu and Wang Zhaogang King & Wood Mallesons’ Commercial & Regulatory Group
C
hina once again enters NPC and CPPCC sessions (Two Sessions) time in March.
During “Two Sessions” last year, Jiang Weidong and other 29 deputies, with Liu Li and other 30 deputies proposed two bills suggesting the Employment Contract Law be amended. With respect to such two bills, Ministry of Human Resources and Social Security of the PRC responded that they would submit their suggestions for amending the law to the National People’s Congress (NPC) Standing Committee at the right moment. [1]
On April 24th 2015, February 19th 2016, and March 7th 2016, Lou Jiwei, the Minister of Ministry of Finance of the PRC, had made three speeches respectively in “Tsinghua Distinguished Speaker Forum on the Chinese Economy”, “Chinese Economy 50-People Forum Annual Conference 2016” and the Press Conference of “Two Sessions”, all of which mentioned that the Employment Contract Law should be amended. Minister Lou stated that the Employment Contract Law reduced the mobility and flexibility of the labor market, which was not conducive to improving productivity, and resulted in imbalanced protection between employers and employees, triggering a heated debate.
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