Foreigners attracted to senior management positions in China's SOEs

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Last updated at: (Beijing Time) Thursday, October 23, 2003

Foreigners attracted to senior management positions in China's SOEs

A recruitment campaign by six of China's biggest State-owned enterprises (SOEs) for senior managers has attracted 463 applicants from home and abroad.

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A recruitment campaign by six of China's biggest State-owned enterprises (SOEs) for senior managers has attracted 463 applicants from home and abroad.

About 28 percent of the applicants have worked or studied overseas, and 17 are foreigners from a dozen countries such as the United States and Canada, according to the Sate-owned Assets Supervision and Administration Commission (SASAC).

It is the largest recruiting drive ever by the government body in charge of supervising SOEs' assets, reported Thursday's China Daily.

SASAC, which directly supervises the 191 biggest SOEs in China,launched the advertising campaign for its recruitment drive in mid-September as part of a management experiment.

The six enterprises, including China United Telecommunications Co. Ltd. and the State Development and Investment Corp., offered seven deputy general manager and chief accountant positions.

A SASAC spokesman said on Wednesday that after the assessment, only about 100 of the applicants have been deemed qualified to take part in the examination process, which will be held on Sunday.The final interviews are scheduled for Nov. 8 to 9.

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