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CHINA`S C&P MARKET BUILDS MOMENTUM

Results from the latest Hays Quarterly Report indicate the construction and property market is starting to bounce back, fuelled in part by the Government’s stimulus package.

“Given rising unemployment one could question if the Government’s response to the global economic crisis has actually helped to create jobs,” says Sean Ng, Associate Director of Hays in China.

“But even though unemployment is rising, and the experts agree that no significant improvement to the jobs market will occur until early 2010, the nervousness that previously dominated is now starting to lift as employers again consider - albeit cautiously - the personnel they require,” continues Ng.

So while the main upturn to vacancy activity isn’t expected until next year, there has certainly been some growth since the stimulus package was unveiled by the Chinese government in November last year. This is most obvious within the construction and property sector.

Process engineering is a hotspot of vacancy activity, with local technical candidates preferred over management-level candidates. These roles are predominantly with large industrial companies, specifically within water treatment and power generation.

In fact, large industrial projects are a major source of work for candidates with local experience and strong technical skills and practical experience with technical industrial builds.

Senior architects, project managers (both construction and design), and senior interior designers are also in demand. This is expected to remain the case for the foreseeable future. Meanwhile those candidates with large scale infrastructure and technical skills remain an area of need.

The coming quarter will see many architectural and design firms looking at expanding their headcount. Senior roles will soon become available, but the present focus is entirely upon candidates that can have an immediate result in terms of project completion or securing new projects.

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For further information, please contact Sean Ng, Associate Director of Hays in China, on 02123229600 or sean.ng@hays.cn

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