- CNTV English - CCTV News

Chinese firms lag far behind foreign counterparts in human efficiency

04-10-2012 15:36 BJT

The human efficiency of Chinese enterprises only accounts for 19 percent of that of the Fortune 500 companies, according to data from the "White Paper on Human Efficiency of China Enterprises 2011" recently published by the Chinese Human Efficiency Improvements Research Center.

Human efficiency is an indicator to measure the profitability of existing human resources, which refers to the ratio of total operation revenue of an enterprise to the total number of its employees, equal to the per capita output in value, said Deng Ting, secretary general of the Chinese Human Efficiency Improvements Research Center.

The White Paper compared 2,767 A-share listed companies of China by 2010 with the Fortune 500 companies and found that the human efficiency of European enterprises is six times higher than that of Chinese enterprises. The human efficiency of the American and Asian companies, excluding China, is five times higher than that of Chinese enterprises and Australian and Americas, excluding the United States, is more than two times higher than that of Chinese enterprises.

The data shows that the per capita output of over three quarters of Fortune 500 companies reaches more than 188,000 U.S. dollars while over 80 percent of A-share listed companies in China are lower than the figure. Energy industry, which has the highest human efficiency in China, has the largest gap with the Fortune 500 companies.

Editor:Zhang Pengfei |Source: People's Daily

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program