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THE TOP INDUSTRIES EXPECTED TO HIRE THROUGHOUT 2023 IN CHINA

Despite many countries facing recessions, China’s labour market continues to experience high levels of employment. Jessica Wang, Managing Director of Hays China, says this should provide jobseekers with the confidence they need to act on their career goals.  
 
Professionals often make resolutions at the beginning of the year, leading to thoughts of change and progression within their careers and promises of finding a new role in the year ahead. However, given the economic uncertainty facing many countries, some professionals will have been reluctant to act on their goals.  
 
The 2023 Hays Asia Salary Guide which surveyed over 10,000 employers and professionals around the region projected a 39.6 per cent staff level increase in China this year. Employers in the country remain confident in their ability to hire the skilled talent they need, with China being the most confident (70%) in the Asia region.

Now halfway through 2023, Jessica shares the top industries that are currently hiring in China, including which roles are in demand throughout 2023:
 
Technology

The global pandemic accelerated digital transformation and while it was a priority for many businesses pre-pandemic, it became a necessity almost overnight. This has created a continued demand for tech skills on all levels, particularly in Cyber Security and Artificial Intelligence.
 
Jessica said, “Organisations recognise the need to shore up defence strategies to keep up with accelerating digital transformation, and the increasingly complex and sophisticated threats that companies face today. Cyber security experts with Certified Information Systems Security Professional (CISSP) certifications are now highly in demand.”
 
The proliferation and speed in which artificial intelligence has been integrated into everyday life has also given rise to a growing demand for Artificial Intelligence Generated Content specialists.  Graphic recognition, Natural Language Processing and Deep Learning are just a few of the skillsets being prioritised for this role.
 
As the qualification bar for technology talent continues to rise in 2023, embedded engineers continue to enjoy high demand across the industry, and candidates with a good balance of technical skills (C++, Linux, ARM etc) and business savvy will be top picks.

Accountancy and Finance

Many organisations anticipate increased salaries and strong recruitment plans in 2023, which means finance planning and analyst managers are among the most in-demand roles. Difficult economic conditions means cost optimisation, financial planning and company security have become more of a priority for organisations, leading to an increase in the popularity of finance business partners, business unit controllers. The acceleration of various digital policies to support a more intelligent financial infrastructure has also led to increased demand for audit and compliance related roles in the region.
 
Analytic thinking, problem-solving skills and a good command of English were among the key skills industries are look for with candidates filling financial roles. In particular, candidates who could demonstrate the ability to influence business leading to increased profits, avoid financial risks and improved on cost-saving measures have an edge over others applying to jobs within the industry. Senior candidates looking for greater career opportunities stand a better chance of doing so after being exposed to jobs on a regional (Asia) level.
 
Jessica stated, “A robust finance team is essential for any business to ensure accounts are kept in order. A well-oiled finance team will also provide valuable insights, spot trends and find areas for improvement or growth for the business. This has become increasingly necessary amidst challenging times, and organisations with the right people in charge of the books will be able to better navigate the difficult waters ahead.” 
 
Engineering  

While local manufacturing appears to have slowed down this quarter, demand for skilled engineering talents remain strong. Part of this can be attributed to China looking towards the future economy; supply chain management initiatives is driving demand for R&D talent across semiconductor, chemical and materials, medical devices, and robotics industries.
 
Organisations also continue to push green initiatives aimed towards helping the nation achieve carbon neutrality, increasing roles for within the green industries such as new energy, battery, and materials, in addition to strengthened demand for ESG/EHS talent in MNC manufacturing companies. 
 
In general, mechanical engineers, processing engineers and sales managers were highly sought after within the industry. Project management, problem-solving skills and having a good understanding of the business were cited as top skills candidates should possess in their relevant roles.
 
Jessica said, “Despite economic challenges in the country, engineering roles continue to be in high demand for 2023. Skilled engineers continue to lay the foundations for a future where industries can be better equipped to deal with crises, reducing downtime while improving productivity.”
 
The average salary has increased across many of these industries, as skills shortages continue to create demand for sought-after professionals. 
 
Jessica closes with, “The past few years have challenged us to adjust to many changes, and we have overcome them successfully. Let's forge ahead for the rest of the year,    with the same resilience that helps us grow and learn in our work.”
 
-ends- 
 
Contact
For more information contact:
Bill Wang, Marketing Executive
E: bill.wang@hays.cn
 
About Hays
 
Hays plc (the "Group") is the world’s leading specialist in workforce solutions and recruitment, such as RPO and MSP. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK, Germany and Australia and one of the market leaders in Continental Europe, Latin America and Asia. The Group operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments. As at 31 December 2022, the Group employed over 13,000 staff operating from 255 offices in 33 countries. For the year ended 30 June 2022:
 
– the Group reported net fees of £1,189.4 million and operating profit of £210.1 million;
– the Group placed around 83,750 candidates into permanent jobs and around 250,000 people into temporary roles;
– 16% of Group net fees were generated in Australia & New Zealand, 26% in Germany, 22% in United Kingdom & Ireland and 36% in Rest of World (RoW);
– the temporary placement business represented 55% of net fees and the permanent placement business represented 45% of net fees;
– Technology is the Group’s largest division, with 26% of net fees, while Accountancy & Finance (14%) and Construction & Property (11%), are the next largest
– Hays operates in the following countries: Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, the Czech Republic, Denmark, France, Germany, Hungary, India, Ireland, Italy, Japan, Luxembourg, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Portugal, Romania, Singapore, Spain, Sweden, Switzerland, Thailand, UAE, the UK and the USA

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