A startup business team shares experience at an innovation workshop in Langfang city of Hebei province, Aug. 13, 2015. (Photo/Xinhua)
(ECNS) -- An employment report shows that more and more university graduates are favoring the Internet over other traditional industries, including banking or securities, China Youth News reports.
MyCOS, a higher education consulting and outcome evaluation company, said in its report that among university graduates from 2010 to 2014, the Internet development industry increased by 2.1 percent in popularity, ranking it fourth among job choices.
Qingyun Enterprise Incubator, which provides free platform services for youthful business entrepreneurs in Langfang city of Hebei province, has supported 35 startup business teams. Most of these are from Internet technology, animation design, and e-commerce industries.
Experts say the development and popularization of Internet techniques would provide more opportunities, increase social demand and job vacancies.
The need in society for people with a finance major has reduced constantly over the last five years, while the ratio of employed undergraduates in the finance industry has also dropped gradually since 2010, said Ma Yan, an expert from MyCOS.
An index regarding Chinese employment prospects released by the Institute for Employment Studies at Renmin University of China shows that recruitment of large state-owned enterprises has decreased by 19 percent year-on-year; while employment in the Internet and IT industry, especially the e-commerce sector, has increased by 44 percent more than it did in the first half of last year.
In addition, the labor quantity associated to Internet industries has also seen growth of more than 90 percent in 2014, particularly in second and lower-tier cities.
Internet companies have become top choices for employment among university graduates. E-commerce, as the hottest business model, has also gained favor.
Besides, Internet Finance has become one of the most popular sectors within the Internet industry, it was added.
