China will launch a global search for talent in a bid to spruce
up the state-owned enterprises (SOE), a senior official in charge
of state assets said.
A group of six state-owned companies have been selected for the
experiment, and the practice will gradually spread to other
state-owned enterprises, said Li Yizhong, deputy director of the
State Asset Supervision and Administration Commission.
The worldwide hunt will start in the second half of the year.
"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," Li said.
Seven senior executive positions at these six enterprises have
been selected for the experiment, the highest being deputy.
(China Daily August 18, 2003)