Li Keqiang presided over the State Council executive meeting to determine the implementation of lifelong vocational skills training system policy measures

Premier Li Keqiang of the State Council presided over an executive meeting of the State Council on April 18 to determine policies and measures to implement a lifelong vocational skills training system to improve the quality of workers and promote high-quality development; it was decided to implement personal income tax incentives for cash rewards obtained from the transformation of scientific and technological achievements. Innovative achievements better serve development and people's livelihood.

The meeting pointed out that to promote economic transformation and upgrading and high-quality development, we should not only have advanced equipment as the foundation, but also have the quality and skills of workers as the support. In accordance with the spirit of the 19th National Congress of the Communist Party of China, establish and implement a lifelong vocational skills training system, with the goal of promoting employment and entrepreneurship, and provide inclusive, equal, lifelong vocational skills training throughout the whole process of learning and career for all urban and rural workers. And integrating craftsman spirit and quality awareness into it is conducive to alleviating the structural contradiction of the shortage of skilled talents, improving total factor productivity, and promoting the economy to the middle and high end. The meeting determined that the first is to give full play to the main role of enterprises, adapt to the needs of industrial upgrading, and adopt government-subsidized training, enterprise independent training, and market-oriented training to support enterprises to carry out large-scale vocational skills training. The new apprenticeship system will be fully implemented, and skills training will be carried out for newly recruited and transferred employees of enterprises. The second is to focus on training highly skilled personnel, focusing on strengthening the training of senior technicians. The Ministry of Education, the Ministry of Finance and the Ministry of Human Resources and Social Security should step up efforts to study measures to support enterprises to carry out skills training and speed up the training of highly skilled personnel. The third is to extensively carry out employment and entrepreneurship skills training for key groups such as college graduates and the new generation of migrant workers. Promote the integration of vocational skills training and academic education. The fourth is to improve the professional ability-oriented talent evaluation, skill level and other systems, formulate methods for enterprise technical workers to participate in the distribution according to the contribution of skill elements and innovative results, and encourage the creation of wealth and increase income based on skills. Fifth, vigorously develop private vocational skills training and encourage enterprises to set up vocational training institutions. Sixth, increase the guarantee of funds for vocational skills training and establish a diversified investment mechanism for the government, enterprises and society. All government-subsidized vocational skills training programs are open to qualified vocational colleges and training institutions. Seventh, strengthen the supervision of training quality, implement catalog list management for public service projects of vocational skills training, and improve the training performance evaluation system. Use more high-quality and efficient vocational skills training to build a team of industrial workers with high quality and strong innovation.

The meeting pointed out that increasing policy incentives for the transformation of scientific and technological achievements is conducive to stimulating innovation vitality, enhancing economic competitiveness, and promoting the improvement of people's livelihood. The meeting decided that while implementing the preferential policy of deferred tax payment for equity awards for scientific and technological personnel, tax incentives should be given to cash awards obtained from the transformation of scientific and technological achievements. Specifically: for the scientific and technological personnel of non-profit scientific research institutions, universities and other units approved by law, the patented technology, computer software copyright, new varieties of biomedicine and other job innovations created through scientific research and technological development, the cash rewards issued within three years after the relevant units obtain the converted income are halved and included in the personal salary income of the scientific and technological personnel in the current month for personal income tax, reduce the tax burden and accelerate the transformation of scientific and technological achievements.

Source: Chinese government website