Chinanews.com, March 9th (Zhongxin Finance and Economics Gong Hongyu) This year's GDP growth target is expected to be around 5%, and greater efforts must be made to attract and utilize foreign capital, and steadily expand institutional opening...The National Two Sessions will be held in 2023 At that time, economic growth, expanding opening up, and attracting foreign investment became one of the hot topics, which aroused the attention of multinational companies.

  Lu Jian, Global Vice President of LinkedIn and President of LinkedIn China, said in an exclusive interview with Zhongxin Finance that although changes in the global economic and trade environment have brought uncertainty to China's economic growth, relying on LinkedIn's industry insight and its own business, I have witnessed China's The "transformation dynamics" and "resilience against pressure" of the economy.

At the same time, China continues to promote a higher level of institutional opening-up, which will provide a more friendly and inclusive environment for foreign-funded enterprises.

Witness the transformational momentum and resilience of the Chinese economy

  China has put forward the expected goal of economic development this year: GDP growth of about 5%.

  In this regard, Lu Jian said that for a period of time, the global economic and trade environment has undergone complex and profound changes, which has indeed brought uncertainty to China's economic development.

"However, under many challenges, relying on LinkedIn's industry insight and my own business, I have witnessed the 'transformation power' and 'resilience against pressure' of the Chinese economy."

  On the one hand, based on the big data observation of the LinkedIn labor market, under the challenge, many industries in China are showing the momentum of transformation.

For example, as early as 2020, China's demand for talents around intelligent manufacturing has been very strong.

"Green" is also becoming one of the general directions of the "transformation" of China's economy and representative industries.

China's economy is advancing along the high-end, intelligent, and green tracks included in "high-quality development" and "industrial modernization transformation".

  On the other hand, in LinkedIn's long-term practice of supporting the globalization of Chinese companies, we have witnessed the resilience of Chinese companies under "challenges" and "pressure".

In the past few years, new overseas forces represented by smart manufacturing and new energy companies are transforming technological and business model innovations into new kinetic energy; a number of influential brands in the global market continue to emerge.

Photo by Zhu Quanchun, Lujiazui, Shanghai

China's high-level institutional opening provides a better environment for foreign investment

  Lu Jian said that in the past nine years since entering China, LinkedIn has witnessed China's continuous process of opening up to the outside world and expanding its global participation.

In recent years, China has continuously launched measures to expand opening up to the outside world and optimize the investment and business environment, and has shown better resilience, vitality and market attractiveness.

  "Greater efforts to attract and utilize foreign capital. Implement national treatment for foreign-funded enterprises. Actively promote accession to high-standard economic and trade agreements such as the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP), actively compare relevant rules, regulations, management, and standards, and steadily expand the system openness.” The 2023 government work report has made it clear.

  "China's continuous promotion of a higher level of institutional opening will provide a more friendly and inclusive environment for more foreign-funded enterprises represented by LinkedIn, and bring more comprehensive support for the development and growth of Chinese global enterprises, including more Broader global vision sharing, better global resource coordination, and more global opportunity connections.” Lu insisted.

  "It is worth mentioning that, as a global platform that has long been concerned about changes in the labor market and industrial transformation trends, LinkedIn has witnessed China's more open and better business environment, which has achieved a higher quality and more efficient circulation of people and resources. .Talents can flow across industries and internationally; enterprises and organizations can establish connections with more opportunities around the world."

  Lu Jian introduced that on the enterprise side, LinkedIn has raised the importance of helping Chinese companies globalize to the company's strategic focus. Through the integration of LinkedIn talent and marketing solutions, it will fully assist the international development of Chinese companies.

On November 20, the 2022 China 5G Industrial Internet Conference opened in Wuhan, Hubei.

Photo by China News Agency reporter Zhang Chang

Talent is the "first resource" for the development of the digital economy

  In the past five years, China's digital economy has continued to grow, and the government work report also proposed to vigorously develop the digital economy.

  The "2022 Global Digital Talent Development Annual Report" jointly released by LinkedIn and the Center for Internet Development and Governance (CIDG) of Tsinghua University School of Economics and Management shows that in Chinese cities, the manufacturing and consumer goods industries have become gathering places for digital talents.

Digital talents in various cities and regions are infiltrating from representative industries to other industries, indicating that digital transformation is developing across the industry.

At the same time, in traditional industries and emerging industries undergoing rapid digital transformation, there are a large number of talent needs and gaps.

  In Lu Jian's view, China's Internet industry is growing rapidly, and innovative companies and business models are constantly emerging. It is one of the most attractive industries for talents.

In the face of fierce market competition, multinational Internet companies need to give full play to their unique brand value and platform advantages, and at the same time further integrate localization needs, in order to truly achieve global operations, local innovation, and better serve the local market.

  "Digital talents are the 'first resource' for the development of the digital economy and a key factor affecting the digital economy." Lu Jian believes that recruitment should be skills-oriented in the future.

Currently, in the user profile on the LinkedIn platform, each user can add the tags of the professional skills they have mastered.

LinkedIn helps companies expand their talent pool, find and recruit high-quality talents by grasping the distribution of talents with specific skills.

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