Core Viewpoint - The article emphasizes the importance of improving people's livelihoods as part of China's modernization efforts, highlighting the government's commitment to enhancing employment, social security, and population development through the 15th Five-Year Plan [1]. Employment and Social Security Achievements - During the 14th Five-Year period, significant progress has been made in employment and social security, with a total of 60.32 million new urban jobs created by September 2023, exceeding the target of 55 million [2]. - The urban survey unemployment rate averaged 5.3% over the past four years, below the expected control target, indicating a stable employment situation [2]. - The social security system has become the largest and most comprehensive in the world, with over 95% of the population covered by basic pension insurance and a total fund scale of 70.8 trillion yuan, with a surplus of 9.8 trillion yuan [2]. Human Resource Development - The government aims to transform the demographic dividend into a talent dividend by implementing gradual retirement age policies and providing vocational skills training to 92 million people [3]. - The focus will be on promoting high-quality employment, improving income distribution, and enhancing the social security system [3]. Employment Strategies - The government plans to implement a series of policies to promote high-quality and sufficient employment, including creating more high-quality jobs in emerging sectors like digital economy and high-end manufacturing [4]. - Addressing structural employment issues will involve enhancing lifelong vocational training and improving the matching of human resources with market needs [5]. Support for Key Employment Groups - Measures will be taken to expand employment opportunities for college graduates and stabilize the employment of migrant workers, particularly those from impoverished backgrounds [6]. - The government will also work to create a fair employment environment by improving labor rights protections and eliminating discrimination based on gender and age [6]. Social Security System Reforms - The government recognizes the challenges posed by an aging population, with projections indicating that by the end of 2024, there will be 220 million people aged 65 and older [7]. - Efforts will focus on developing a multi-tiered pension system and increasing the coverage of social insurance for flexible workers and new employment forms [8]. Talent Development and Utilization - The government aims to enhance the quality of talent training and development, focusing on key sectors such as digital and green economies [9]. - Reforms will be implemented to improve the talent development system, including salary reforms in public institutions and promoting a skills-oriented compensation system [10].

Core Insights - The article emphasizes the importance of promoting high-quality and sufficient employment, as well as deepening social security system reforms in China, aligning with the goals set forth in the 14th Five-Year Plan and the 20th National Congress of the Communist Party of China [1][2]. Employment Achievements - During the 14th Five-Year period, the employment situation has remained generally stable, with a total of 60.32 million new urban jobs created by the end of September 2023, exceeding the target of 55 million [2]. - The average urban survey unemployment rate over the past four years was 5.3%, which is below the expected control target [2]. - Employment quality has steadily improved, and labor rights have been effectively protected [2]. Social Security System - China has established the world's largest and most comprehensive social security system, with a basic pension insurance coverage rate exceeding 95% [2]. - The total scale of pension, unemployment, and work injury insurance funds reached 70.8 trillion yuan, with a cumulative surplus of 9.8 trillion yuan [2]. Human Resource Development - The government aims to transform the demographic dividend into a talent dividend by implementing gradual retirement age policies and providing vocational skills training to 92 million people [3]. - There are over 80 million professional technical personnel and more than 220 million skilled workers in China, with over 72 million high-skilled workers [3]. Employment Strategies - The government plans to implement a series of policies to promote high-quality employment, focusing on creating more quality jobs in emerging sectors such as digital economy and high-end manufacturing [4]. - Structural employment issues will be addressed by enhancing lifelong vocational training systems and improving the matching mechanism between labor supply and demand [5]. Support for Key Groups - The government will expand employment channels for key groups, including college graduates and migrant workers, and provide targeted assistance to those facing employment difficulties [5]. - Policies will be implemented to ensure fair and orderly employment, including legislative measures to protect the rights of new employment forms and older workers [5]. Social Security Reforms - The government will accelerate the development of a multi-tiered pension insurance system and improve the basic pension insurance nationwide [7]. - Efforts will be made to enhance the long-term sustainability of social security funds and improve service levels for social security [8]. Talent Development - The government will focus on enhancing the relevance of talent training and development, particularly in key sectors such as digital and green economies [10]. - Reforms will be implemented to improve the talent development system, including salary reforms in public institutions and the establishment of a skills-oriented salary distribution system [10][11].