National People's Congress Deputy Zhong Baoshen Proposes Converting Technological Efficiency Gains into Scientific Working Hours to Boost Workers' Consumption

Deep News03-04

Companies should share development achievements with employees through performance bonuses and equity incentives. On March 4, Zhong Baoshen, a deputy to the National People's Congress and Chairman and General Manager of Longi Green Energy Technology Co.,Ltd., proposed addressing the challenges of weakening labor absorption capacity in China's manufacturing sector and increasing pressure for full employment. He suggested guiding enterprises to strictly implement the protection of workers' rights and interests, converting the efficiency dividends brought by technological progress into workers' disposable free time, and unleashing employment potential through a scientific working hours system. Additionally, he mentioned the need to encourage companies to share development outcomes with employees via performance rewards and equity incentives, thereby enhancing residents' consumption capacity and willingness, and laying a solid foundation for expanding domestic demand.

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