Chen Deming made the above remarks in an interview with the First Financial Daily in Beijing last Friday. At that time, he had just delivered a special lecture entitled "Theory and Practice of Socialist Market Economy" for 26 deputy ministerial officials from Mozambique.
The dialogue began with the news of the salary increase of large foreign-funded and Taiwan-funded enterprises that have received much attention from all walks of life. Our reporter asked: Recently, the salary increase caused by the contradiction between labor and capital will inevitably increase the labor cost. Will this promote the transfer of Chinese export orders to other countries and affect the attractiveness of foreign investment?
Chen Deming replied: "We are also investigating this issue. But I personally think that some companies will have a salary increase, and there will be some impact on China's export orders, but it will not be very big."
He explained that because China still has a very rich workforce, or that the dividend period of the Chinese labor force should not have passed. "We will not reach the peak of the population in the next few years, the total population is about 1.5 billion. We have a lot of high-quality young people, so that our industry can go to the high end."
In the special lectures of the day, Chen Deming also mentioned with the Mozambican government officials that a new round of industrial transfer is on the rise. African countries can learn from the experience of China’s development zones and undertake more industrial transfers. Strong domestic companies will also be encouraged to expand their investment in Africa.
Recently, whether it is the collapse of Foxconn employees or the settlement of the Shenyang KFC collective contract event, it has more or less included the factor of “increasing salaryâ€. Some commentators said that China has entered a new era of comprehensive revaluation of labor costs. If the "rising tide" spreads, it will certainly bring pressure to enterprises and affect the survival and development of the entire manufacturing industry.
In this regard, Chen Deming told reporters: "It is still a case, not a whole." But he also said that the case also reminds us that some new problems in labor wages should be handled with care.
He said that in the absence of the global economic crisis and the difficulties of enterprises, we must ensure that the wages of employees increase, but we must also pay attention to the ability of enterprises to cope with the crisis, "because if the enterprises are not, then employment It will be even more difficult."
"We should still let our enterprises change their development mode and structure as soon as possible, go to the high end of the industry, strive for greater added value, and share these added value for the people." Chen Deming said.
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