Trade unions set wage talks target
By Chen Xin | China Daily | Updated: 2011-05-31 07:24
95% of Fortune 500 companies in China to hold collective negotiations
BEIJING - Unions will introduce collective wage negotiations by 2013 in at least 95 percent of enterprises set up by Fortune 500 companies operating in the country, a senior union official said.
Among the approximately 4,800 corporations of Fortune 500 companies in China, 93 percent have already established unions, said Guo Chen, a division chief overseeing grassroots organizations with the All-China Federation of Trade Unions (ACFTU), the top union organization.
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