ABSTRACT

China’s impressive rise is one of the most important events of reconstruction period which global capitalism is going through. Gradual transformation which put into practice with “reform and openness” motto is usually discussing in the context of country’s growth performance, economic dynamism and foreign direct investments. China’s attemps to integrate into the global market system has caused radical changes in the conditions of working classes and industrial relations. “Breaking the iron rice bowl” is the most succinct expression of the radical change. It is possible to suggest that labor market reform has contributed output increase performed by the economy domestic and foreign capitalist firms . However it is hard to suggest the same idea for living conditions and quality of life of working classes. The study will primarily focus on the construction process of labor markets. Later on wave of privatization and structural-cyclical challenges for unionisation will be emphasized. The transformation and the increasing mobility of labor, heterogenization of the working class and negative influence of all these factors on class struggle are among other subjects which will be discussed in the study