Chinese Women Contribute More to GDP Than Overseas Counterparts
Xu Wei
/SOURCE : Yicai
Chinese Women Contribute More to GDP Than Overseas Counterparts

(Yicai Global) March 8 -- Chinese women contribute more to gross domestic product than their counterparts around the world, according to a report by Deloitte China and women's professional support network Lean In China.

The 2017 Impact of Women in the Workplace in a Digital Age report shows that Chinese women make up 41 percent of GDP, more than any other country, the Communist Party's official newspaper the People's Daily reported. They were also more ambitious and showed deeper emotional intelligence, with 78 percent hoping to get into workplace management.

The female labor force participation rate in China is about 63.3 percent, meaning almost two-thirds of the country's women are available to work, according to the report. The figure for China is higher than the average across member countries of the Organization for Economic Cooperation and Development (57 percent) and Asia-Pacific nations (62 percent).

The higher the degree of digitization in a company, the more likely it is for women to devote more time and energy to the business, the report shows, but indicates that as women rise to higher positions within companies, they face greater challenges than men in terms of work-life balance. The organizations suggest firms make more job roles suited to female career development.

The report aims to study the leadership and influence of Chinese women in the workplace. Through questionnaires, data analysis, case studies and in-depth interviews, the account examines the status quo and development trends among working Chinese women and makes suggestions on how to promote career development for females and gender diversity.

 

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Keywords: Women , GDP , OECD , Asia-Pacific