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Salary Caps for SOE Senior Executives

As the financial crisis deepens, calls for salary caps for senior executives of state-owned enterprises are getting louder. The Ministries of Finance, and Human Resources and Social Security say they´re in the process of formulating policies to put those caps in place.
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Different Voices More

Wang Dacheng, CPPCC member
"I certainly agree that we should set a ceiling on the income of SOE executives... I suggest the annual salary of SOE executives should not exceed 1 mln yuan."

Jia Kang, CPPCC member
"The salary management of SOE executives should be carried out as part of the SOE reforms. Otherwise, it doesn´t make much sense to simply set a cap."

Li Jiaxiang, CPPCC member
"We should work out a standard for the income of SOE executives in different sectors. Their salary level should be connected with their performance..."

Zhang Xiaoji, CPPCC member
"I think it´s very difficult for the government to set a unified ceiling for all SOEs. We should strengthen supervision by the chairman´s board and investors."

What's Your Stand?

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All Comments

1JOE
CHINA
04-15
I agree the opinion come from Li Jiaxiang, CPPCC memeber. SOE make more profit, SOE executives get higher salary according to some percentage or standard.Can they show their working report to the public just like govermentreport?
2hershey
China
04-07
it depends......
3bai
Country:
03-18
Who and what to do are necessay! in China it is difficult
4zhuling
china
03-17
a good policy,but it´s rather hard to implement .cause this issue is connected with SOE executives .I don´t believe in them.
5bai hai
china
03-17
I think it is a big problom that it is easy to say and it is hard to be done.it is better to do than nothing to do.

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