From Iron Rice Bowl to Informalization

In the thirty years since the opening of China's economy, China's economic growth has been nothing short of phenomenal. At the same time, however, its employment relations system has undergone a gradual but fundamental transformation from stable and permanent employment with good benefits (often called the iron rice bowl), to a system characterized by highly precarious employment with no benefits for about 40 percent of the population. Similar transitions have occurred in other countries, such a