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G20 Holds Onto Protection of Jobs

G20 Labor and Employment Ministers meet. Asharq Al-Awsat
G20 Labor and Employment Ministers meet. Asharq Al-Awsat
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G20 Holds Onto Protection of Jobs

G20 Labor and Employment Ministers meet. Asharq Al-Awsat
G20 Labor and Employment Ministers meet. Asharq Al-Awsat

The G20 Labor and Employment Ministers have stressed the importance of protecting jobs and acknowledged the value of technology and a human-centered approach including by using Behavioral Insights in employment policymaking.

The Saudi Minister of Human Resources and Social Development, Eng. Ahmed Al Rajhi, said during the virtual meeting held by the ministers that “the COVID-19 crisis has created renewed impetus to safeguard labor markets and adopt social protection policies that secure people during and after crisis.”

“We are working with G20 countries to realize sustainable labor market recovery,” he told the meeting held under the G20 Saudi Presidency.

“This year, COVID-19 has brought an unprecedented global challenge with significant human costs. Fighting and overcoming the pandemic remains our highest and overriding priority,” said the ministers in their closing statement.

“We recognize the importance of protecting and promoting decent jobs for all, especially for women and youth, within our domestic and global labor markets.”

They stressed support for social protection systems to tackle gender inequalities.

The ministers also said they “acknowledge the value of bringing together technology and a human-centered approach including by using Behavioral Insights in employment policymaking.”

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Tesla's China Sales Have Best Month of the Year in August

FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
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Tesla's China Sales Have Best Month of the Year in August

FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo

Tesla's sales in China logged their best month for the year so far in August, with the US electric vehicle maker benefiting from brisk sales in smaller cities.
Tesla said it sold more than 63,000 cars in the world's biggest auto market last month, a hefty 37% jump from July, but probably still down from August last year when it sold 64,694.
While an encouraging improvement, its performance lags major Chinese rivals by a wide margin.
BYD, the world's biggest EV maker, said its China passenger vehicle sales surged 35% in August from a year earlier to a record monthly high of 370,854. Other local EV competitors including Leapmotor and Li Auto also reported higher sales.
Like many other automakers, Tesla has been badly bruised by a protracted price war in China where economic growth has also been sluggish and consumer confidence fragile. Its China sales declined 5% for the first half of the year.
Although Tesla has cut its local sales force as part of a global downsizing, a number of factors have helped recent sales momentum.
Tesla has since April offered zero-interest loans of up to five years for buyers, while several local governments have made its cars eligible for official car purchases in recent weeks.
It also received a key regulatory nod earlier this year, with the country's top auto industry association saying that data collection by Tesla vehicles was compliant with regulations, allowing Tesla cars to enter some government compounds that they used to be banned from.
An analysis by China Merchants Bank International of Tesla's China sales in July showed a 78% year-on-year increase in deliveries in so-called tier-three cities while its sales in second-tier cities such as Hangzhou and Nanjing rose 47%.
Separate data from the China Passenger Car Association for Tesla China-made vehicles which includes exports showed sales grew 3% in August from a year earlier to 86,697 units.
Deliveries of its China-made Model 3 and Model Y vehicles rose 17% from July.
Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with direct knowledge of the matter said. The move is aimed at increasing the appeal of its best-selling yet aging EV.