With more and more students graduating from China's universities, China has launched an Internet League to help graduates find a job.

A staggering 4.95 million students will graduate from Chinese universities in 2007, 820,000 more than in 2006, according to a conference on employment services for university graduates held here Monday.

State Councilor Chen Zhili attended the conference at which a month-long online recruitment fair was unveiled.

The Internet League consists of portals like http:// www.myjob.edu.cn, http:// www.chrm.gov.cn, http://www.lm.gov.cn, http://www.sme.gov.cn and other cooperative websites.

The League plans to hold an on-line recruitment fair every quarter to help university graduates find a job.

The Internet League is the brainchild of the Ministry of Education, the Ministry of Personnel, the Ministry of Labor and Social Security, the National Development and Reform Commission, the State-owned Assets Supervision and the Administration Commission of the State Council.

Employers and graduates will be able to share online information. Graduates can access job information and employers can carry out long-distance online interviews with graduate candidates, according to the League.

"The League will allow government departments, employers, universities and graduates to share information at any place and any time," said League sources, pointing out that "the online job fair will reduce costs for both graduates and employers."

"The Internet League shows that employment services for university graduates in China have entered a new stage," said Zhao Qinping, vice minister of education.

China's Ministry of Personnel on Saturday began its annual recruitment of millions of university graduates, with more than 480,000 positions up for grabs online and at job fairs around the country.

A total of 121 local human resources departments and job service websites and 26,000 employment units will take part in 126 job fairs across the country including those held on the internet.

Source: Xinhua