China announces rules on management of major state enterprises’ executives

China Wednesday announced a regulation on management of senior executives of the 136 large centrally-administered enterprises.

The regulation included the executives’ performance in protecting environment, saving energy and resources in the assessment to guarantee an all-around, harmonious and sustainable development of the state-owned enterprises.

Jointly issued by the General Office of the CPC Central Committee and the General Office of the State Council, the regulation stipulates the qualifications of being a SOE executive should include outstanding achievements in their work, professionalism and high political quality.

Corporate social responsibility will also be evaluated for the managers.

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