BEIJING -- Average pay at Chinese state-owned enterprises was nearly double that of private-sector companies last year, as the government's policies in response to COVID-19 fueled the widest gap in data going back to 2008.
Those in resources, infrastructure benefit more than factories from uneven recovery
High prices for commodities like oil benefited state-owned producers while squeezing the private-sector companies that use them. © Reuters
BEIJING -- Average pay at Chinese state-owned enterprises was nearly double that of private-sector companies last year, as the government's policies in response to COVID-19 fueled the widest gap in data going back to 2008.