China state executive posts attract rising number of applicants

China state executive posts attract rising number of applicants

BEIJING, Sept. 12 (Xinhua) — More than 2,700 people have applied for 16 executive positions of the centrally-administered state-owned enterprises (SOEs) open for public competition this year, the State-owned Assets Supervision and Administration Commission (SASAC) said.

The 2,745 applicants more than doubled that of those applying for last year’s 22 posts.

Of this year’s available posts, six received 200 to 300 applicants for each.

SASAC said the positions included three general managers, 10 deputy general managers and three chief accountants from different industries. They covered electricity, metallurgy, electronics, chemical engineering and trade firms.

China FAW Group Corporation, China Baosteel Group and China Southern Power Grid, all ranked among the world’s top 500 companies, were also recruiting.

SASAC also said 383 applicants, 12 from overseas and four from Hong Kong, Macau and Taiwan, met the qualifications. They have been notified to sit for a written exam to be held soon.

Most qualified applicants have post-graduate degrees and are aged under 45, while 140 currently are heads of enterprises. In addition, 69, or 18 percent, have overseas working or study experience.

In 2003, SASAC started to recruit from both home and abroad. The agency hoped such managers could help improve the competitiveness of SOEs in the global market.