Venture(US:VEMLY) Zhong Guo Fa Zhan Wang·2025-08-20 05:30Core Insights - The report highlights Guangzhou's efforts to enhance grassroots employment services and achieve significant employment growth in 2024 [1] Employment Services - Guangzhou will improve its grassroots employment service network by integrating various services including public employment, job stations, gig market services, and domestic service support [1] - The city plans to recognize 63 high-quality employment communities, 57 high-quality employment villages, and establish 342 job stations [1] - A total of 203 specialized recruitment fairs for new employment forms (gig and flexible jobs) will be held [1] Employment Growth - The city aims to achieve 343,300 new urban jobs in 2024, maintaining the top position in the province [1] - The ratio of job vacancies to job seekers for each quarter in 2024 is projected to be 1.34, 0.95, 0.98, and 0.97, with an annual average of 1.06, indicating a balanced employment supply and demand [1] Entrepreneurship Support - Guangzhou is focused on reducing financing costs for startups, improving the entrepreneurial environment, and stabilizing job positions [1] - The city will continue to develop a unique entrepreneurial guarantee loan system and support mechanisms, promoting loan access for businesses through public employment services [1] - The number of supported entrepreneurs and jobs created through entrepreneurship is expected to reach 51,800 and 124,600 respectively in 2024, maintaining a positive trend [1]