An Empirical Study on the Impact Factors of Employment in Private-Owned Large and Medium Companies in Chinese Manufacturing Industry: Based on Data of Listed Companies

Based on the data of 810 private-owned listed enterprises in China's manufacturing industry, this paper analyzes various factors that affect the employment in different regions under the influence of industrial transfer. The result shows that local market environment plays a key role in promoting employment. Other factors such as total asset, fixed asset and intangible asset positively contribute on some level on employment issue, while tax burden makes a negative contribution. Nowadays, private-owned enterprises have been the major providers of employment opportunities in China. In the future, sustainable employment, to some extent, may depend on the local government to improve the macro market environment and the enterprise to enlarge intangible asset and optimize management.