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China’s female talent underutilized

(Global Times)

08:07, July 03, 2012

Given tight labor markets and intense competition for talent, there is a strong business imperative for Chinese companies to better tap the female talent pool, which means gender diversity needs to become a corporate priority, according to a report released Monday by global management consultancy McKinsey & Company.

Although nearly half of Chinese companies feel talent shortages are the biggest barrier to their companies' global ambitions, female representation at senior levels is relatively low compared with Western countries, the report said.

"Securing greater participation by women at senior levels of a company requires CEO commitment," said Dr Claudia Sussmuth-Dyckerhoff, co-author of the report.

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