Venture(US:VEMLY) Chang Jiang Shang Bao·2025-09-22 23:57Core Viewpoint - The Hubei provincial government emphasizes the importance of improving people's livelihoods as a central aspect of its development strategy during the "14th Five-Year Plan" and looks forward to implementing more effective measures in the upcoming "15th Five-Year Plan" to enhance employment, social security, and overall quality of life for its citizens [1]. Employment and Entrepreneurship - Hubei has prioritized employment as a key aspect of improving livelihoods, maintaining an average of over 900,000 new urban jobs annually during the "14th Five-Year Plan" while keeping the unemployment rate within target ranges [2][3]. - The province has implemented various measures to support employment, including reducing unemployment insurance fees by 23.7 billion yuan and providing 7.4 billion yuan in subsidies for job retention and skills enhancement [3]. - Hubei has focused on attracting talent, with over 400,000 college graduates choosing to work in the province over the past three years, and has maintained rural labor transfer employment at over 11 million annually [3]. - The province has also supported entrepreneurship, with 316,000 new returnee entrepreneurs creating 923,000 local jobs, and has invested approximately 400 million yuan in supporting over 9,100 student entrepreneurship projects [4][5]. Social Security - Hubei has made significant strides in social security, with the number of participants in basic pension insurance reaching 45.4 million, unemployment insurance at 7.73 million, and work injury insurance at 9.47 million [7]. - The province has implemented a multi-pillar pension system and has ensured that vulnerable groups receive social security benefits, with over 600 million yuan in social insurance premiums paid on behalf of low-income individuals [7][8]. - Hubei has also focused on maintaining harmonious labor relations, recovering 6.241 billion yuan in wages for over 507,800 workers, and has established a comprehensive mechanism for addressing wage disputes [6][8]. Public Services - The province has enhanced public service accessibility, establishing over 4,700 employment service stations and improving social security service efficiency [9]. - Hubei has expanded the application of social security cards to various services, ensuring that citizens can access services seamlessly across different sectors [9].