China
        

From Chinese media

County funds 300,000 yuan for CEOs' education

Updated: 2011-03-25 16:14

By Zhao Chenyan (chinadaily.com.cn)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

The government of Wuwei county in East China's Anhui province paid 300,000 yuan for 43 cable factory CEOs to receive one-week of study at China's elite Tsinghua University in Beijing earlier this month, sparking a storm of controversy.

Though the county has been included in a national plan for poverty alleviation, the local government defended their spending arguing the cost was reasonable and would be beneficial in the long term for its economic development, Beijing News reported Friday.

An official with Wuwei government said almost half of the county's revenue came from cable companies, and the training was necessary to boost their CEOs' knowledge in the latest science and technology available.

Lu Yingpeng, one of the 43 bosses who took part in the study, said he has not only learned advanced knowledge, but also had improved communication with other cable factory leaders during the course, and added he would also be very pleased to attend, even if it was at his own expense.

E-paper

Rise and shine

The Chinese solar energy industry is heating up following recent setbacks in the nuclear sector

Bombs aim for regime change
CSI, with a twist
Literary path

European Edition

Specials

Peony express

Growers of china's unofficial national flower are reaching out to europe for help

Tea-ing up

More turning to Chinese tea for investment opportunities like vintage wine

A cut above

The ancient city of Luoyang is home to a treasure trove of cultural wonders.

Beloved polar bear died
Panic buying of salt
'Super moon'