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China: Qingdao Textiles Group Claim 8% Growth of Employee Payment this Year

China: Qingdao Textiles Group Claim 8% Growth of Employee Payment this Year

Write: Axel [2011-05-20]

In the annul conference of Qingdao Textiles Group, Yan Yong, the chairman of this group said the main task of this year was to keep stable, promote development and make upgrading. The goal was to maintain the sales volume, profit and foreign exchange revenue at the level of 2008, and try to grow 10% if possible. He also claimed to realize 8% growth of employee payment this year.

In last year, although the group was under the impact of a series of impacts like global financial crisis, it still made 18.97% growth of the sales volume. The foreign trade revenue increased 37.85% and the average salary of the staff also grew 10% in 2008.