Li revealed: Central and central executives pay will be gradually handed over to the Board decision

Xinhua Beijing, June 29, the establishment of the new China 60 years ago, China's political, economic, cultural and other undertakings have made great achievements, and state-owned enterprises in the country's prosperity, the process of national flourish played a huge role.　　On the afternoon of 29th, the State Council's state-funded committee director, party secretary Li and Xinhua friends "Face-to-face", on the reform and development of state-owned enterprises a series of hot issues and online exchanges with netizens. When it comes to the question of pay for top executives, Li admits it also makes him feel embarrassed.　　He said that future executive pay will be given to the board of directors, who will perform their duties. [Moderator] Now netizens have different voices for the executive pay of the central enterprises, some people think that high, should be limited, some people think that should be done according to market rules, reasonable.　　What do you think? [Li] This is also the difficulty of our work, specifically also my personal difficulties. Because in the state-owned enterprises difficult time, 1998-2000, at that time I work in the Economic and Trade Commission, it can be said that the state-owned enterprise talent loss is at that stage. After the establishment of the SASAC, this phenomenon slowly wishes me to say frankly that without this series of measures, our manned spacecraft will not be able to go to heaven.　　In the space science and technology doorway, every day has the person who digs us waits, this is normal. So some people say that the state-owned enterprises is a training course, the people trained, private enterprises dug away, funded dug away, stay do not wish I think this is the loss of state-owned assets, but also the loss of High-quality state-owned assets. Planned economy is done according to plan, at that time people did not have much opinion, your salary is 21 levels, your salary is 17 level, also no one speaks. To market economy, that should be judged by market economy, different posts, different occupations, in a market how to evaluate this person is capable, or that person is not capable, or say that the ability is not enough, then I will talk about athletes. Recently Ronaldo sold 80 million euros, what's the price? He's worth it. Why?　　You use him, he often scored, this is his personal ability, this everybody is better accept. Of course, some people say it's too expensive, others say it's too cheap, but I look at it from the Internet and most of us think it's worth it. Also treats the enterprise the executive, also is a topic, appraises his certainly not to use the price completely, the price sometimes is right, sometimes also wants to deviate a little, but has no other better method. So the executives of the central enterprises, to talk about price, but not the only price. Your evaluation of his ability, you just said I think you are very strong, you should be on what position, it is not you say, this is the same to market said, the market to speak, what to say?　　or price. I am also very embarrassed, but the company's executives should also strive to be impartial, which will be balanced with its industry, we have done research, the same industry, private enterprises take how much, funded take how much, this is domestic. In addition to the international comparison, a lot of executives were dug away, we speak renminbi, people speak the U.S. dollar, we also recruit their men, they come to be our vice-president, to 600,000 peopleCoins, already very high, the general manager to take 450,000. And then we asked him, how much did you say? He said I'm taking 600,000 dollars. That's no way to use him, it's a pity. So in executive pay, we think it's appropriate to make it right now. At the same time to pay attention to their own industry has a balance, but also pay attention to the internal balance of the enterprise, that is, executives and employees to adapt to the income. Because it is an economic entity, so the enterprise also talk about efficiency, no efficiency is not an enterprise, to talk about efficiency and fairness, is a business has a bottom line, your life is lower than this, enterprises should give you subsidies.　　So there must be a combination of efficiency and fairness. The increase in workers ' pay is a little faster than the growth of the salary ratio, which is a three-year term, with no base pay for executives, performance pay and performance, performance, pay, performance, remuneration. Overall, our talent is to retain, while outside to apply for more and more people, indicating the attraction of central enterprises is there. If we cannot unite the talents of the world, how can we say there is international competitiveness? It's empty. A good enterprise, the first to have a good team. So there is a certainty, that is, executive pay can not be separated from the current situation in China, and can not be separated from the industry situation, to grasp such a point.　　The State Council approved executive compensation rules for state-owned enterprises will be announced, I think we can do it. I think there is something to be improved. Where is the improvement? To combine his position more closely. Because Sasac was in charge of 196 households and involved 70 types of industries, my direction was to gradually hand over to the board of directors, but directors had to perform their duties. Also some netizens reflect, some listed companies are their own decisions, their own pay, the company law stipulates that the executive remuneration is determined by the board, we are not bad to play a role? We can play a role. I can't replace the board, but I can play a positive role because I also have our shareholder representatives in it and he should play an active part.　　So we have a document is to guide the listed companies how to grasp, I can not control you, I can not replace you, but I could guide you, I will guide the direction to tell you, so gradually would do better. Last August, during the Olympic Games, a press conference was held and we introduced the remuneration of senior executives between 2004 and 2006. I think the next three years to complete, but also to the public publicity, listen to everyone's views, improve our work. The State Council passed this regulation to do so, and to listen to the views of the community, but also to listen to the management of the executive opinion, but also to listen to the views of enterprises and workers. To achieve the satisfaction of everyone, this difficulty is larger, but as much as possible to satisfy, I think this is still done to.