Yan Zhen/Shanghai Daily news

Shanghai plans to set up personal vocational training accounts for young jobless people this year to help lower the city's youth unemployment rate.
Officials with the Shanghai Labor and Social Security Bureau said that they would open about 300,000 personal training accounts this year, which will entitle account holders to government-subsidized vocational training programs.
The accounts will be set up for jobless people under the age of 35, bureau officials said.
Young people who don't have jobs, and aren't in school or enrolled in a training program - a faction known as the NEET group by many Chinese - were a hot topic at the fourth session of the 12th Shanghai People's Congress, which wrapped up yesterday.
"The NEET group, who depends on their elderly parents for a living, have become a serious social problem in modern society," said Zhang Yuanyuan, an SPC deputy and neighborhood committee director from Yangpu District.
Zhang said many young unemployed people have a polytechnic degree, but they don't have the necessary skills to find a job. The training programs will offer more hands on training and internships than that polytechnic schools in the city can offer.
People under 35 account for about 21 percent of the 275,000 registered unemployed in the city.
"The government should set up database of the young jobless group and try to arrange proper training opportunities and jobs for them as well," Zhang wrote in a proposal to the city's legislative body.
Yang Yuliang, vice president of Fudan University, said that another solution to youth unemployment would be to encourage youngsters to set up their own companies.