Incomes still on the rise for overseas executives

Even though a large number of multinational companies are localizing in the Chinese market, the salaries of leading overseas executives have not localized, and some have seen their salaries increase over the past few years, headhunters said.

Sun Haining, marketing and public affairs director at Randstad China, said the salaries of overseas executives have been increasing very rapidly in recent years, with 50 percent of them seeing their salary increase by more than 50 percent in most industries.

"As the Chinese market has been showing great vitality, a large number of multinational companies are now attaching more importance to this emerging market by moving their Asia Pacific headquarters to Chinese mainland cities, which is especially true in the manufacturing and luxury industries," Sun said.