Why is China Merchants' salary so low?

The relationship between state-owned enterprises is not market-oriented.

Because the project density and concentration need to be further improved, the scale benefit needs to be further improved. The property projects managed are mainly institutional properties, which are basically obtained through third-party market bidding. Fierce market competition leads to the compression of profit space. So wages are generally lower.

China merchants blowing industrial operation service co., ltd was established on may 29th, 1985. The legal representative is Xu Yongjun, and the business scope of the company includes: general business projects include: real estate development and operation; Engage in all kinds of investments and set up shopping malls and hotel service facilities (specific projects will be licensed separately); Domestic commercial and material supply and marketing industries (except for franchised, specially controlled and monopolized goods); Self-owned property management, operation, holding various product exhibitions, carrying out scientific and technological exchange activities, and holding scientific and technological academic exchange meetings; Labor dispatch; Real estate leasing service; Forensic consulting services; Business auxiliary services, etc.