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| Tags: chinese, denies, govt, heads, rumor, salary, soe, whopping |
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08-14-2008, 10:20 PM
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Chinese gov't denies whopping salary rumor for SOE heads
The state assets watchdog denied on Thursday the recent whopping salary rumor for heads of the country's centrally-administered state-owned enterprises (SOEs), addressing that they earned 531,000 yuan (77,366 U.S. dollars) on average in 2006. "The assertion that executives in 155 SOEs were given millions of yuan was groundless and so was the word about the salary gap of millions between heads and employees," said an official with the State-owned Assets Supervision and Administration Comm ...
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