143
submitted 2 months ago by [email protected] to c/[email protected]

This law affects all companies in the country, regardless of size. It will be effective in July 1st 2024, and there are 3 key points are:

  1. There is a new organ present in each company called the Employee Assembly. This organ is for employees to exercise their power of democratic governance of the company. There are two types, one is an assembly for all employees or an assembly for employee representatives. In general, companies with more than 100 employees will have an assembly for employee representatives, while less than 100 will have an assembly for all employees. The number of employee representatives must not be less than 5% of the total number of employees and also not be less than 30, while the number of managers and executives must not be greater than 20% the number of representatives. The trade union acts as the executive organ of the Employee Assembly.
  2. The Employee Assembly has access to basically all the information a company stores, which can be used to affect the worker benefits of employees. It also seeks to make sure the company is always following the labor laws present at the local and national level. When a company considers dissolution or applying for bankruptcy, it is required to listen to the opinions of its trade union and employees through the Employee Assembly or by other forms.
  3. All companies with at least 300 employees must have employee representatives at the board of directors, unless it already has a board of supervisors with employee supervisors elected by the Employee Assembly in it.
top 45 comments
sorted by: hot top controversial new old
[-] [email protected] 63 points 2 months ago

wojak-nooo "China is a Red Fash state-capitalist empire!!!"

xigma-male "Now that the productive forces have been sufficiently developed it's time to increase proletarian control of the economy."

[-] [email protected] 35 points 2 months ago

Deng was right. anyone who calls him revisionist is an ultra (derogatory)

[-] [email protected] 20 points 2 months ago

Orthodox-Revisionist horseshoe theory

[-] [email protected] 7 points 2 months ago

I was one of those up until a couple of years ago. I'm over joyed to be incorrect and day by day am more embarrassed of my past views.

[-] [email protected] 62 points 2 months ago

Turning a dial labeled "socialism" while looking back at the audience for approval like a contestant on the Price is Right

[-] [email protected] 61 points 2 months ago

turning a big red dial that says "Socialism" on it and constantly looking back at the audience for approval like a contestant on the price is right

[-] [email protected] 26 points 2 months ago

The audience: sicko-crowd

[-] [email protected] 52 points 2 months ago

China will probably very authoritarianly only allow the unions to do things that advance working class interests. Of course, the CCP will be the arbiter of what's good for the working class and completely shut out the CIA. What a farce.

[-] [email protected] 26 points 2 months ago

not many people know this, but CIA stands for Co-operative Improvement Association

[-] [email protected] 19 points 2 months ago
[-] [email protected] 8 points 2 months ago

Indeed. I saw Lech Walesa speak once. He was a guest at my college. I didn't think the CIA was supposed to do psyops in the US.

That being said, I wouldn't mind being back in an AFL CIA affiliated union shop.

[-] [email protected] 6 points 2 months ago

Q&A at the end? "Excuse me, what is your opinion of labour internationalism, and the idea that an auto mechanic in the US and an auto-mechanic in Morocco have similar interests?"

[-] [email protected] 4 points 2 months ago

Campus leftists weren't invited to the meet and greet lunch.

[-] [email protected] 51 points 2 months ago* (last edited 2 months ago)

Must be nice being in a country that actually give a fuck about labourers and workers unlike the shit hole country in the west that I'm in.

[-] [email protected] 32 points 2 months ago

looks back at US banning a social media site, increasing state surveillance, and trying to intimidate and outlaw dissent levied against an apartheid state committing genocide

yea

[-] [email protected] 24 points 2 months ago

Honestly, I hope Xi Jinping one day liberates me from liberty.

[-] [email protected] 50 points 2 months ago* (last edited 2 months ago)

some-controversy xi-button porky-scared porky-scared porky-scared

edit: this actually sounds fucking based

[-] [email protected] 48 points 2 months ago* (last edited 2 months ago)

I actually read a bit of the update on xinhua in Chinese. This amendment to the 公司法 also seems to include increased financial and legal responsibilities on upper management like ceos and shareholders. For example they're now even more liable in instances of fraud or mismanagement. Overall some pretty good changes that probably come off the back of the issues we saw with many of the big construction companies and so on.

Edit: https://www.zhonglun.com/research/articles/52526.html Here's a chinese language article I found that seems to summarize alot of the main changes. Translation software seems to do pretty well as well if you're curious about all the amendments that were made

[-] [email protected] 10 points 2 months ago

For example they're now even more liable in instances of fraud or mismanagement.

MFW managers are so unnecessary, so much of a drain on society they need the threat of the law to actually attempt to do their job somewhat decently.

[-] [email protected] 45 points 2 months ago

incredible things are happening in China

[-] [email protected] 20 points 2 months ago
[-] [email protected] 45 points 2 months ago* (last edited 2 months ago)

baizuo get owned

rat-salute PRC-emblem

seriously tho, this is an amazing step and is super inspiring. im really optimistic abt China considering this, the crusades against corruption, and increased role in international affairs. i can’t wait for China’s growing role as a great power as US hegemony deteriorates

[-] [email protected] 38 points 2 months ago

Upcoming Bloomberg and WSJ: “The Shocking Marxist Leninist Takeover of Businesses in China Should Concern US Lawmakers”

[-] [email protected] 32 points 2 months ago

Anti-communist left: CHINA ISN'T COMMUNIST!!!

Also Anti-communist left: CHINA IS TOO COMMUNIST!!!

[-] [email protected] 28 points 2 months ago

yeonmi-park

In gommunist china, honest businessmen get their life's work stolen by authoritarian unions backed by the fascist regime, anyone who disagrees with the union is shot in the head and then forced to carry rocks

[-] [email protected] 36 points 2 months ago

They hate to see us winning xi-button

[-] [email protected] 35 points 2 months ago
[-] [email protected] 35 points 2 months ago

Fucking based

[-] [email protected] 34 points 2 months ago
[-] [email protected] 21 points 2 months ago

toothbrush-andross WORKER SELF-DIRECTED CO-OPS toothbrush-andross

[-] [email protected] 34 points 2 months ago

Oh shit xi smash that socialism button daddy

[-] [email protected] 31 points 2 months ago

" xi-peel smh AUTHORITARIAN CHYNA is FORCING workers to PARTICIPATE in their workplace! It's EVIL and taking away the RIGHTS of the OWNERS!!!!!! "

[-] [email protected] 28 points 2 months ago
[-] [email protected] 27 points 2 months ago

literally 1974 china will collapse any day now because of this big government constricting innovation and freedom

[-] [email protected] 20 points 2 months ago

He did it, he fucking did it, he pressed the button🥳

[-] [email protected] 20 points 2 months ago

Every Worker, a Member of the Board!

[-] [email protected] 11 points 2 months ago

that's where it ultimately needs to go

[-] [email protected] 20 points 2 months ago

This story is a couple months old, how did I miss it? puzzled

[-] [email protected] 20 points 2 months ago

Wouldnt feel too bad keeping up with anything china related is tought. I've had this discussion with my father although the context was about biotech research. The fact of the matter is the gap in terms of language and culture between the west in China is just so vast that unless you live on the mainland or and have solid relationships with the right people you're going to miss alot of things. This is true even if you are fluent in mandarin and go back for work on occasion like my father does.

I guess it just highlights how idiotic most Western China watchers are though and explains why the American establishment can't seem to understand what's going on.

[-] [email protected] 16 points 2 months ago

I missed it too till today

[-] [email protected] 16 points 2 months ago

Amazing law, I want it grabber-left

[-] [email protected] 14 points 2 months ago

So does this is essentially gradualism into making most major companies into coops

[-] [email protected] 14 points 2 months ago

That certainly could be the end goal which would be a good way to start transitioning from the socialist phase to actual communism.

[-] [email protected] 12 points 2 months ago

most pro union president since fdr

this post was submitted on 26 Apr 2024
143 points (100.0% liked)

sino

8060 readers
8 users here now

This is a comm for news, information, and discussion on anything China and Chinese related.

Rules:

  1. Follow the Hexbear Code Of Conduct.

  2. Imperialism will result in a ban.

  3. Sinophobic content will be removed.


Newcomer Welcome Wiki


FAQ:


China Guides:


Multimedia:

founded 3 years ago
MODERATORS