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SOE executives' salaries under scrutiny

2015-03-12 10:09 Web Editor: Qian Ruisha
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China has implemented a new reform plan on payment to top executives at China's major State-owned enterprises (SOEs) as part of the anti-graft plan.

Executives' basic salaries will be capped at twice the amount of average staff salaries and paid monthly while performance-based payments will not be more than twice their basic salaries and determined based on the operation scale and performances of the companies.

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