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SOEs Open Top Positions to Foreigners

2005-05-08 14:53:47


  Twenty-five of China‘s largest state owned companies will allow their top managers to be recruited from abroad as well as domestically starting this month.
  The decision was announced by the State-owned Assets Supervision and Administration Commission of the State Council.
  These enterprises include the China Gaoxin Investment Group, Dongfang Electric Corporation, China Real Estate Development Group and China Railway Communication.
  The 25 companies plan to recruit two general managers, eight deputy general managers and 15 chief accounting officers.
  About 15 of the enterprises have no restrictions on the nationality of the candidates while 10 of them require all employees to have Chinese nationality.

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