MNI China Press Digest May 9:New Professions, Innovation, NDRC

Highlights from Chinese press reports on Friday:

• China has officially recognised 17 new professions and 42 types of work, aiming to create over 12 million new urban jobs and maintain an urban unemployment rate of about 5.5% this year, the Ministry of Human Resources has announced. New professions include cross-border e-commerce operations manager and drone flight planner, with experts noting the move reflects evolving production, and allows younger people to develop new careers.
• Several Chinese securities firms have announced plans to issue more than CNY16 billion of science and technology innovation bonds, Securities Times has reported. The funds will go towards cutting-edge science and technology and strategic emerging industries, such as integrated circuits, artificial intelligence, new energy, biomedicine and high-end equipment. The announcement came after the Shanghai Stock Exchange issued a notice on "Further Supporting the Issuance of Science and Technology Innovation Bonds to Serve New Quality Productivity" .
• Authorities will actively support private enterprises in the construction of major national projects, according to Zheng Bei, deputy director at the National Development and Reform Commission. The NDRC plans to launch CNY3 trillion of initiatives in sectors such as transportation, energy, water conservancy and urban infrastructure this year, Zheng said. The central planner will help non-state firms invest in emerging and future industries, take the lead on key national technological research tasks and access advanced scientific infrastructure on equal terms, Zheng added. (Source: Securities Daily)