Bosses of energy-guzzling state firms may lose jobs

Chief executives at China's state-owned firms may face the sack if they fail to meet energy-saving targets, Reuters reported on Wednesday, citing the country's state asset watchdog.

"Whether China can meet its targets for energy-saving and pollution cuts hinges on the performance of centrally controlled state
enterprises in this regard," Reuters quoted Li Rongrong, head of the State Asset Supervision and Administration Commission (SASAC), as

Bosses will be seriously punished or may even lose their jobs if their firms fail to increase energy efficiency, Huang Shuhe, deputy head of
SASAC was quoted as saying.

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