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Plan for restructuring remuneration system for heads of enterprises directly under central government approved
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Chinese
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Category：Legislative Updates
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Subject：Administrative law ; Companies and enterprises
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Keywords：central enterprises; remuneration reduction; remuneration
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Source：Pkulaw
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Publish Date：12-19-2014
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The Plan for Restructuring Remuneration System for Heads of Enterprises Directly under the Central Government was reviewed and approved, and will take effect on January 1,2015.
After the reform is implemented, remuneration of heads of most enterprises directly under the central government will be lowered by 30% as a whole. In particular, remuneration of heads of monopolistic central enterprises will be cut significantly.
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