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NPC & CPPCC Annual Sessions > Biz & Economy > News
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Sany to hire 1,000 graduates in '09By Liu Weling, Feng Zhiwei, Diao Ying and Zheng Lifei (chinadaily.com.cn)
Updated: 2009-03-08 12:12 Chinese heavy machinery maker Sany Heavy Industry Co plans to recruit 1,000 graduates this year and vows not to slash jobs and cut salary, its president said. The Hunan-based company, which makes concrete pumps and road rollers, will assign those newly recruits to strengthen its R&D capacities, Xiang Wenbo, president of the company, said in an interview with China Daily.
"We have confidence in our company and Chinese economy, so we just want to increase our human resources reserves," Xiang said. Sany Heavy announced earlier this year that its chairman will only receive 1 yuan annual pay this year and its border members will cut their salary by as much as 90 percent, and its senior management 50 percent, to cope with the economic downturn. But the machinery maker, which has recently announced a 1 billion Euro investment in Germany, said it will not cut jobs and salary for other employees.
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