Home | News | Special Reports | Media Spin | Audio | Multimedia | Interactive | Surf China
     
Chinese Female Tycoon Triggers Controversy with "Pro-Rich" Proposals
    2008-03-11 19:01:33     CRIENGLISH.com

Zhang Yin, once ranked China's richest woman, has set off heated debate at the annual session of the national political advisory body with three "pro-wealth" proposals.

Zhang proposed an amendment to the Labor Contract Law that would exempt labor-intensive companies from signing permanent contracts with staffers who have given more than 10 years of service. She also proposed that the income tax rate for people earning more than 100,000 Yuan a month be cut from 45 percent to 30 percent.

Report:

An article from Tianshannet.com comments on Zhang Yin's first proposal, saying that the new Labor Contract Law has hindered enterprises' interests, so Zhang Yin had to speak for enterprises in her proposal. But since the annual sessions are supposed to put people's interests first, a proposal like this seems out of line. It also reminds us of the previous practice of enterprises that laid off employees before the new labor law took effect.

A commentary from China Economic Times holds a different view, saying there's nothing wrong with top advisors speaking for their own interest groups. In recent years, common people's interests have been emphasized more than ever. But that doesn't mean anybody who speaks for the wealthy should be condemned. Zhang Yin has the right to speak for her own group, but whether her proposals should be adopted or not is still up for debate.

A commentary from the Xiaoxiang Morning Post says people shouldn't expect every advisor to speak for the general public, because different groups of people have different interests. There's nothing wrong with Zhang Yin speaking for her interest group, but someone else should be just as free to refute her opinion. She should extend whichever proposals she likes. Allowing her proposals turn into reality without further debate or deliberation would be the real disaster.

         Bookmark and Share
Recommend


Bridging the Strait.com claims the copyright of all material and information produced originally by our staff. All rights reserved. Reproduction of text for non-commercial purposes only is permitted provided that both the source and author are acknowledged and a notifying email is sent to us.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by Bridging the Strait.com.

 
Latest News
• China UnionPay Eases Disruptions
• Insurance Payment for Victims Made Easy
• Airlines Raise Fuel Levy due to Oil Costs
• Earthquake Shakes Tourism Industry
• Vice Premier Urges Efforts to Restore Power Supply

Listen Now
News & Reports 2008-07-05
The cross-strait weekend chartered flights between the Chinese mainland and Taiwan start.
• A War to Divide Property 2008-10-27
• Qingdao Endeavors to Tackle Algae Bloom around Olympic Venue
• What You Mostly Want to Say: Writing Topic for Quake-region Students
• More Owners of Idle Cars Emerge in China
• Let's Start from Smoke-free Olympics
• Licenses Necessary for Profit-making Net-shops
• Chinese Police, Ready for Tighten Security for the Olympics

Multimedia
Beijing Opens Second Airport Expressway
Images of Chinese Migrant Workers in Foreign Artist's Lens