Beijing Municipal Commission of Development and Reform Recognizes Company’s Achievements During Mass Entrepreneurship and Innovation Week
Quhuo Limited a leading gig economy platform focusing on local community-centered services in China, has been recognized by the Beijing Municipal Commission of Development and Reform (the “BMCDR”) for its flexible staffing solutions, as the country continues to support job growth and entrepreneurship.
The National Mass Entrepreneurship and Innovation Week was kicked off on September 15, 2022 with the theme of “innovation driving vitality, entrepreneurship creating employment”. It illustrates the country’s focus on innovation and stabilizing employment with a series of measures, including offering employment subsidies for enterprises, and encouraging the creation of flexible staffing platforms to help job seekers in their quest to find employment.
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Quhuo’s innovative platform adheres to such nationwide strategy, and its achievements in helping job seekers find employment has been recognized by the authorities. Officials from the BMCDR visited Quhuo’s Beijing headquarter in September 2022 and praised the Company’s efforts of closely following and going above and beyond Beijing’s job growth goals.
The Company’s innovative workforce platform has served many blue-collar workers across China over the past few years, giving them the convenience of flexible gigs and hours, while at the same time providing a stable income.
The success of Quhuo’s workforce platform comes at a time when China has been making concerted efforts to boost job creation and promote entrepreneurship. Over the past few years, the flexible labor market in China has thrived thanks to the rapid development of the sharing economy.
Quhuo’s data-driven platform leverages labelling system and machine learning algorithm to categorize tasks and gigs, and monitors the peaks and troughs of the job markets across various sectors to better match workers with suitable employers. Today, the Company has diversified its job offerings to over 30 types of gigs in more than 100 cities across the nation and served nearly 500,000 job seekers in total.
“We’re committed to offering the best staffing solutions for enterprises and gig-hunting platform for job seekers, as we strive to put an emphasis on the country’s policy and strategy,” said Leslie Yu, Chairman and Chief Executive Officer of Quhuo. “With a goal of ‘boosting employment, stabilizing income and empowering entrepreneurship,’ Quhuo offers well-rounded services, including living support, workplace safety and job training, to ensure job seekers a secure and reassuring work environment.”
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Quhuo has noted that employers often opt for flexible staffing options while hoping to maintain a consistent quality of services, and that job seekers often value the convenience of flexible hours and the choice to take on different tasks, while hoping for a stable income. The Company has also noted that there was often a mismatch in resources. For example, there is peak and downtime for workload in the food delivery sector and the car-hailing sector, leading to idle workforce sometimes.
In a bid to address this issue, Quhuo developed its own platform, powered by big data analysis, to help select suitable gigs for workers and facilitate them to juggle multiple tasks when they have time to work. It also helps workers to explore their potential in various job markets.
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