China Issues Guideline on Health Care System for Elderly
　　Recently， eight departments including the National Health Commission and the National Development and Reform Commission jointly issued a guideline on establishing and improving a health care system for the elderly in China. The guideline points out that as China’s aging population continues to expand， there’s an increasingly urgent demand for more relevant health services， being that the current elderly health care system is plagued with many problems， such as insufficient supply and unbalanced development.
　　By the end of 2018， the number of people aged 60 and over in China had reached 250 million， while the average life expectancy reached 77 years.
　　The guideline makes it clear that the basic systems， standards， and norms for elderly health care shall be in place by 2022， and the number of elderly health service institutions will increase significantly. The guideline puts forward three specific indicators： first， by 2022， more than 50 percent of general hospitals of the second grade and above will have set up geriatric departments； second， by 2022， more than 80 percent of general hospitals， rehabilitation hospitals， nursing homes， and communitylevel medical and health institutions will be elderly-friendly； third， nursing beds will account for 30 percent of the beds in primary medical and health institutions.
　　Global Digital Finance Center Inaugurated in Hangzhou
　　The National Internet Finance Association of China（NIFA） and the World Bank jointly launched the Global Center for Digital Finance in Hangzhou， east China’s Zhejiang Province， at a workshop on global digital finance development and governance co-sponsored by the NIFA， the World Bank， and the Hangzhou municipal government.
　　Li Dongrong， president of the NIFA， pointed out that digitization of the world economy is an inevitable trend. Digital finance has broad prospects and positive effects. At the same time， in face of new challenges it is bringing to financial regulation and governance， the launching of the center has important practical significance and far-reaching historic significance.
　　Serving as an international institute of “production， study， and research”of digital finance in China， the center aims to use the resources of both the World Bank and China to build a platform for knowledge sharing in the field of digital finance. In this way， they will be able to promote digital finance to serve people of all countries in a better and safer way. 　　Blueprint for SOE Reform Disclosed
　　At the third China Enterprise Reform and Development Forum， Hao Peng， director of the State-owned Assets Supervision and Administration Commission（SASAC）， disclosed a blueprint for reforms of state-owned enterprises （SOEs） in the next stage.
　　The SASAC will continue optimizing the layout and structural adjustment of SOEs， help them withdraw from noncore businesses that do not have competitive advantages， encourage more investment of state-owned capital in important industries and key areas that are crucial to national security and the lifeblood of the national economy， and work to stimulate more investment in strategic emerging industries. Besides this， it will focus on helping the enterprises go global under the Belt and Road Initiative.
　　In recent years， SOEs have put much energy in advanced manufacturing industries and the real economy， and accelerated the transformation and upgrading of traditional industries and the development of emerging industries， all of which significantly enhanced their profitability and competitiveness. As a result， the management mechanism was further transformed. In addition to this， the number and proportion of mixed-ownership enterprises increased dramatically， SOEs became more independent market entities， and the mechanism for talent recruiting and appointing， their payment and benefits distribution was further improved. It is hoped that China’s SOEs will become more market-oriented， lawbased， and globally-visioning.
　　Top 10 Emerging Skills in China’s Job Market
　　The global networking platform for business and job opportunities LinkedIn released its report on China’s future skills trend at this year’s Talent Intelligence Experience summit on October 31. The report lists the top 10 fastest growing emerging skills acquired by Chinese talent in 2019.
　　They are compliance management， cloud computing， data science， non-English foreign languages， risk management， interaction design， artificial intelligence （AI）， block chain， digital marketing， and full-stack development. Among these， full-stack development， AI， and block chain grow at the fastest pace. In addition to jobs that require technical skills， some jobs that require non-technical skills stand out such as compliance management and risk control.
　　While the rise of AI， automation， and robotics has increased the demand for technical “hard skills，”“soft skills，” such as creativity， adaptability， cooperation， and time management， can also help employees adapt to new positions. Skills in nonEnglish foreign language also made it into top 10 job market trends， a sign that soft skills like communication will remain crucial in the future of a technology-driven world.