One of China's richest women, Zhang Yin, is in Beijing attending the annual session of the national political advisory body--Chinese People's Political Consultative Conference (CPPCC)-- March 3-14, but her proposal for amending the new labor contract law doesn't seem to have a chance.

Zhang has suggested the law exempt labor-intensive companies from having to sign permanent contracts with staff with 10 years' service. She was criticized by some CPPCC members.

China's Ministry of Labor and Social Security quickly responded to the press coverage Zhang's controversial proposal received. "Whether to amend the law contract law or not is not a question. The question right now is how to enforce this new law effectively," said deputy minister Sun Baoshu at a March 9 press conference, according to China News Agency.

"Some companies believe the new law is increasing their cost. That's because they didn't have to provide social security taxes. ... It is not right or legal to chase profits by scarifying workers' rights," he said.