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Does Shengli Oilfield buy out employees with property subsidies?
Yes Shengli Oilfield is an important petroleum industrial base in China. It is the collective name of Shengli Petroleum Administration Bureau of China Petrochemical Co., Ltd., Shengli Oilfield Branch of China Petrochemical Co., Ltd. and Shengli Petroleum Engineering Co., Ltd. of China Petrochemical Petroleum Engineering Technology Service Co., Ltd., and employees who buy out in Shengli Oilfield have real estate subsidies. Real estate subsidy is a kind of housing subsidy issued by the state to individuals in cash.
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