1. LINE

      Text:AAAPrint
      Economy

      China ties SOE employees' salaries to profitability

      1
      2015-06-03 22:56Xinhua Editor: Gu Liping

      Against the backdrop of waning revenues and profits, the state-owned enterprise (SOE) watchdog on Wednesday said combined salaries must be reduced at central SOEs witnessing declining profits.

      In the latest circular issued to centrally-administered SOEs, the State-owned Assets Supervision and Administration Commission (SASAC) called for efforts to boost revenues, slash costs and fulfill this year's operation targets.

      Salaries must be strictly tied to company profits, and in SOEs reporting growing profits, salary increases should not surpass that of profits, said the SASAC.

      Priority should be given to improving growth quality and efficiency, innovation, opening new markets, and reducing operational costs to register higher combined profits at all SOEs, said the SASAC.

      "The global economy is undergoing profound adjustments, and the recovery lacks momentum. The Chinese economy is faced with mounting challenges, and some industries are facing risks of overcapacity, weak demand, low product prices, and high debt levels," it stressed.

      Combined business revenues of 112 SOEs directly under the central government's administration stood at 25.1 trillion yuan (4.1 trillion U.S. dollars) in 2014, up 3.8 percent year on year, but the growth rate was its slowest since 2009.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 亚洲熟妇AV日韩熟妇在线| 亚洲va中文字幕无码久久不卡 | 亚洲AV网站在线观看| 国产日本亚洲一区二区三区| 18禁成人网站免费观看| 久久精品国产亚洲精品2020| 99久久国产免费中文无字幕| 亚洲欧洲尹人香蕉综合| 丁香花免费完整高清观看| 国产亚洲国产bv网站在线| 免费毛片在线播放| 免费在线观看一区| 国产亚洲人成A在线V网站| 免费成人在线视频观看| 亚洲高清无在码在线电影不卡| 91频在线观看免费大全| 亚洲日韩看片无码电影| 国产性生交xxxxx免费| 国产成人1024精品免费| 亚洲国产精品自在线一区二区| 30岁的女人韩剧免费观看| 国产精品亚洲自在线播放页码| 免费看少妇作爱视频| 羞羞视频免费网站日本| 国产亚洲av片在线观看播放| 精品久久8x国产免费观看| 亚洲国产成人无码AV在线| 亚洲精品第一国产综合境外资源| 13小箩利洗澡无码视频网站免费| 亚洲春色在线观看| 国产成人精品123区免费视频| 成人免费777777被爆出| 亚洲图片中文字幕| 亚洲日韩在线观看免费视频| 无码精品一区二区三区免费视频| 亚洲AV无码国产精品色| 亚洲国产精品碰碰| 麻豆一区二区免费播放网站| 九一在线完整视频免费观看| 久久亚洲中文字幕精品有坂深雪| 免费黄网在线观看|