Corporate competitiveness
The increasing popularity of big State-owned enterprises among Chinese employees is becoming only more evident as the economic recession in Western countries forces some foreign businesses to cut staff even in China, which remains a promising market for many industries.
A recent survey of Chinese college graduates by ChinaHR.com suggests that seven of the top 10 best employers to work for in China are all domestic companies.
Meanwhile, reports have come out saying that the cell phone manufacturer Motorola Mobility Holdings Inc, once a top foreign employer in China, was laying off hundreds of employees in Beijing and Nanjing as part of a plan to cut about 4,000 jobs globally.
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