Near 60 percent Chinese state-owned enterprises (SOEs) face human resources crisis and 35 percent SOEs suffer the serious impact as a result, according to the latest survey released November 20 by Horizon-china.com , a Beijing-based renowned research company.

 

In fact, this survey was co-conducted by Horizon-china.com, the Public Management College of Tsinghua University and HP China. Named as the enterprises crisis management situation, this survey also showed that 30 percent SOEs have experienced or are experiencing the crisis brought by high staff resignation rates while the percentage of those which suffer the loss by sudden resignations of junior or senior executives reaches as high as 42 percent. In contrast, foreign enterprises and private enterprises only count for 25 percent and 33 percent separately.

 

So it seems that the loss of junior or senior executives in SOEs has already top the first amid human resources crisis in SOEs. The survey concluded that this is due to lack of scientific and perfect encouragement mechanism, which turn out to be a barrier on the way of SOEs’ development.

 

What’s more, the survey found that as many as 76 percent SOEs executives process the lowest crisis recognition ability, which is much higher than those in joint enterprises, foreign enterprises and private enterprises.

 

(China.org.cn by Zheng Guihong and Daragh Moller, November 27, 2003)