BIZCHINA / Top Biz News
Petrochemical industry oils Huizhou economy
By Song Hongmei (Chinadaily.com.cn)
Updated: 2006-12-23 10:24
Situated in the southeast of
BIZCHINA / Center
Draft law on labor contract submitted for second reading
(Xinhua)
Updated: 2006-12-25 10:08
China's top legislature is considering the public's suggestions to better
protect the rights of laborers and establish a stable and harmonious
relationship between the employers and employees.
The draft law on labor contract was on Sunday submitted to a legislative
session of the National People's Congress (NPC) for the second reading.
NPC received 191,849 public suggestions during the month after the draft
law was published for public consultation on March 20.
Based on public opinions, the amended draft law has worked out specific
stipulations on the endorsement, implementation and termination of labor
contracts, with an aim to establish a stable labor relationship.
In regard to the problem that the rights of laborers on probation are
often infringed upon, the new draft law stipulates that the salary of the
probationer should not be less than 80 percent of the lowest salary on
the same post.
It also requires that the probation period should not exceed one month if
the validity period of the labor contract is less than one year, and not
surpass six months if the labor contract period is over three years.
Employees' rights are stressed in the draft law which stipulates that
when the employers make important decisions on issues such as salary,
working hours, vacation, labor safety and health, insurance, training,
labor quotas and disciplines, they should put their plans on the
conference attended by all workers or their representatives for
discussion.
The draft law also focuses on cracking down on illegally docking or
delaying employee's pay.
China's current labor contract system was set in a labor law enacted 12
years ago. The draft, if it is approved, will be the country's first law
governing contracts.
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China's most developed province, Guangdong,
Huizhou boasts two national-level development zones, the Dayawan Economic
and Technological Development Zone and the Zhongkai High and New
Technological Development Zone, according to Li Ruqiu, acting mayor of
Huizhou.
Li Ruqiu, acting mayor of Huizhou, speaks during a press conference held
on Friday, December 22, 2005. [chinadaily.com.cn]
With the completion of China National Oil Corporation (CNOOC) and Shell
Petrochemicals Company (CSPC), a 50-50 joint venture between CNOOC and
Royal Dutch Shell, and the launch of CNOOC Nanhai Oil Refinery, the
Dayawan development zone has met an unprecedented opportunity to grow to
be a world-class petrochemical industrial base. The area has entered a
new era of economic and social development, said Li at a press conference
on Friday.
CNOOC is China's third-biggest oil company. Its petrochemicals complex
with Shell, which is so far the largest joint venture project in China,
became operational in March, involving a total investment of US$4.3
billion. It will supply 2.3 million tons of petrochemical products every
year to Guangdong and neighboring provinces in southern China, said the
joint venture's deputy chief executive officer Zhai Hongxing on Friday.
CSPC deputy chief executive officer Zhai Hongxing answers journalists'
questions in the Dayawan Economic and Technological Development Zone in
Huizhou, South China's Guangdong Province, December 22, 2006.
[chinadaily.com.cn]
CSPC finally chose Huizhou as its location because the city has a natural
port which ensures convenient transportation by ship, as Huizhou is close
to the Pearl River Delta Region. Some 57 percent of its target market is
in the Delta Region, which means reduced costs. The Huizhou government
has also invested about one billion yuan in improving infrastructure and
the investment environment , Zai told chinadaily.com.cn.
Nearby, the CNOOC Nanhai Oil Refinery Project is under construction. The
project involves a total investment of 19.3 billion yuan (US$2.4 billion)
and its annual sales are expected to reach 34 billion yuan after it comes
on stream in 2008.
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