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SOE executives earn twenty times more than workers, one hundred times more than farmers

The average salary for senior executives at China’s state-owned enterprises (SOEs) has risen to around 600,000 yuan a year, according to the State-owned Assets Supervision and Administration Commission. Executive salaries have nearly doubled over the last five years, and now stand at about 20 times the average SOE employee’s salary of 31,500 yuan a year.