Local Chinese companies to hire more actively than MNCs in 2016

Despite the weakening market forces across China, locally-owned companies will likely be hiring more actively in 2016 as compared with multinational corporations (MNCs), according to the 2016 Michael Page Greater China Salary & Employment Outlook report.

The report revealed that 42% of Chinese companies surveyed indicated strong hiring activity in 2016, while only 25% of MNCs expect the same.

More than half (57%) of Chinese companies surveyed are also expecting to increase their headcount this year, whereas only 37% of MNCs expect to doso. Growth areas include jobs in e-commerce and technology.

"This is a clear indication that the Chinese economy is still growing - albeit at a slower pace than previously," said...