Our Operating Environment
Since 1977 when the standardized college entrance exam was first implemented in Chinese high schools, the university population of China has risen dramatically and now hosts over 20 million students pursuing higher education.
China’s marked economic growth has benefited many of these students but has not been without its dangers as well. Only one-fourth of the over 7 million students graduating in 2010 will be unable to find jobs and will be added to the over 1 million who could not find jobs last year.
This situation has been intensified by more than 20 million migrant workers recently losing their jobs in cities. In addition, a Beijing-based recruitment site revealed that 87.8 percent of Chinese people with jobs feel unhappy about their work. Of that….
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