综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

China to cut SOE executive salaries by 70%: media

(Ecns.cn) Updated: 2014-08-26 15:29

China will cut the salaries of top executives at State-owned enterprises (SOEs) by as much as 70 percent in a move to regulate excessively high payments and bonuses, Caijing reports.

The central government has drafted a plan based on salary reform that would cut SOE executive earnings by up to 70 percent to no more than 600,000 yuan ($100,000) annually.

Executives at financial SOEs will be hit hardest as they usually enjoy the highest incomes.

Statistics show that in 2011, executives at SOEs pocketed annual salaries of 720,000 yuan ($116,000) on average, while those at China's Big Four state banks (China Industrial and Commercial Bank, China Construction Bank, China Agricultural Bank and Bank of China) earned an average of over one million yuan ($160,000).

It has long been deemed controversial for top SOE executives to receive hefty incomes while enjoying privileges identical to ranked officials. President Xi Jinping said during a meeting last week that China would standardize income distribution so that payments are reasonable, structured and efficiently supervised.

Such reform would re-introduce a share incentive mechanism for financial SOE employees, which had been placed on hold for nearly five years.

China to cut SOE executive salaries by 70%: media China to cut SOE executive salaries by 70%: media
Top 7 highest-paid executives in China 
SOEs keep hold on Fortune 500 

Hot Topics

Editor's Picks
...
...
静乐县| 舞阳县| 石屏县| 汶上县| 祥云县| 关岭| 津市市| 忻州市| 峨眉山市| 宁化县| 秀山| 白水县| 静乐县| 安乡县| 岱山县| 乐清市| 迁西县| 襄汾县| 平凉市| 广元市| 佛坪县| 临沂市| 新乐市| 鹿邑县| 中宁县| 木兰县| 三门县| 金山区| 海安县| 宁国市| 赤城县| 蒙城县| 博乐市| 临夏市| 荔波县| 霞浦县| 荆州市| 溆浦县| 洛川县| 新河县| 定襄县|