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China to conduct global search for SOE executives
( 2003-08-16 17:08) (Xinhua)

A senior official in charge of China's state assets has said a global search for senior executives for six large state-owned enterprises (SOEs) would start in the second half of this year.

Li Yizhong, deputy director of the State Asset Supervision and Administration Commission (SASAC), said the practice would gradually spread to other state-owned enterprises.

"This is the orientation of our leadership restructuring at state-owned enterprises. We believe state-owned companies must absorb the most outstanding talents from around the world to become strong players on the international market," said Li.

Seven senior executive positions at these six enterprises have been selected for the experiment, the highest being deputy general manager of an enterprise group.

 
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