More than a million seek China government jobs

More than a million seek China government jobs

Monday, November 25, 2013 – 18:45

AFP

BEIJING – More than one million people took China’s national civil service exam at the weekend in a modern version of an age-old rite, but faced huge odds against clinching one of the few government jobs available. A total of 1.12 million took the National Public Servant Exam, according to figures from the State Administration of Civil Service figures.But only 19,000 positions were available, the state-run Global Times newspaper said, meaning that fewer than 1 in 50 candidates will be successful.

The most competitive role was with the National Ethnic Affairs Commission, where 14,384 candidates were vying for just two jobs, it added.

Domestic reports said it was so popular because the application process appeared to be less arduous than for other positions.

Government jobs are especially appealing to Chinese because they are seen as stable employment and bring with them a range of privileges, as well as the status of being an official.

The benefits can include living allowances, pensions, health insurance and even property – a valuable commodity in China’s prolonged housing boom.

The current civil service test is a legacy of the ancient imperial examination known as the keju, introduced during the Sui Dynasty, which ruled from 580-618 AD, and often regarded as a key meritocratic element of the governing system.

Early forms of the examinations were largely based on Confucian texts. They were open only to boys who were able to complete their education, either because of family wealth or sponsorship by benefactors.

The tests were only held every three years, and local officials would often present those who passed with a special banner to be hung at the entrance to their home, to ensure the success was remembered for generations.

Nonetheless many posters on Sina Weibo, a Chinese version of Twitter, ridiculed the candidates.

“This really is China’s peculiar landscape”, said one poster with the username “Law and its value”.

“Do they really want to pass the test to ‘serve the people’? No. They desperately hope to go and enjoy a privileged system of wages.”

Another said: “Every time (they take the test), they are in fact just competing to be able to take bribes and bend the law.”

After the Communist Party came to power in 1949, employment in China’s huge state apparatus was achieved largely through personal recommendation or graduation from state colleges.

But an open examination system was introduced in 1994 and later rolled out to include all new government jobs, amid growing public resentment over nepotism, official abuse and jobs being offered on the basis of loyalty to party ideology, rather than ability.

There were seven million civil servants in China by the end of 2012, government figures show.

The annual exam includes an aptitude test and a written policy essay.

Candidates who pass the written exam will then be subjected to a tough interview round.

Exams can be taken at different levels of government, but the annual National Public Servant Exam offers the best jobs with the state.

“Although the national civil service exam is more difficult than the provincial, I wanted to accumulate experience for other provincial exams,” the Global Times quoted one candidate Liu Yue as saying.

The postgraduate was seeking one of two vacancies at the Tianjin Maritime Affairs Bureau – alongside 800 other applicants.

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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