What’s new: The average salaries earned by top executives at China’s domestically listed companies declined last year, reflecting weaker profitability amid a slowing economy and stock market volatility.
The average pay for listed companies’ chairmen fell 3.32% in 2023 from the previous year, while salaries for general managers, board secretaries and chief financial officers dropped 3.46%, 1.12% and 3.82%, respectively, according to a report by Shanghai Rongzheng Enterprise Consulting Service (Group) Co. Ltd. based on a survey of 5,326 companies traded in Shanghai and Shenzhen.
