The Law of the People's Republic of China on Employ-ment Contracts (short for Law on Employment Con-tracts) carried out in 2008 classified the employment cantracts into three types: fixed-term employment contract, open-ended employment contract and employment contract to expire upon completion of a certain job. Generally speaking, in open-ended employment contract, the employer and employee shall not make an agreement on the time limit of employment contract and this shall be very important for the stabilization of the working relationship and the protection of the employees. So, as soon as this definition came into being, a number of domestic media pay much attention to it. The media spoke highly of the open-ended employment contract as the em-ploees' \"lifelong secure job\". Actually, along with the ordination of No.535 Order of the State Council of the People's Republic of China, that is Regulation on the Implementation of the Em-ployment Contract Law of the People's Republic of China, the misunderstanding to the open-ended employment contract was clarified. The open-ended employment contract not only can be rescinded if rescindment conditions satisfied after conclusion,but also the conclusion of it shall satisfy several conditions ac-cording to law and regulations.