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The total debt exceeds 3 trillion yuan! 1.4 billion people can't afford to support China Power? Blame the employee welfare for being too high?

author:Listen to the flowers bloom and fall

When we think of China's power industry, the first thing that comes to mind is its high-paying and generous employee welfare policy. But in fact, power companies lose money year after year and are heavily indebted. Front-line employees insist that their benefits are not high, but what is the truth behind the losses? Can the 1.4 billion people really not afford to support this behemoth?

The total debt exceeds 3 trillion yuan! 1.4 billion people can't afford to support China Power? Blame the employee welfare for being too high?

In recent years, with the rise of social media, the argument that "employee benefits in power companies are too high" has also been widely circulated. But from a practical point of view, things may not be so obvious. The basic salary level of power enterprises is not high, and the main source of income is still various bonuses.

Although companies often refer to "reducing the basic salary", in fact, it is only the wage standard that is adjusted, not the impact on the actual income of employees. Moreover, the reason why state-owned enterprises lose money has little to do with employee salary expenditure. On the contrary, the main reason is the high cost of operation and other costs.

The total debt exceeds 3 trillion yuan! 1.4 billion people can't afford to support China Power? Blame the employee welfare for being too high?

A deeper understanding will lead to an understanding that the real reason for the losses of China's power companies is systemic. First, the cost of coal-fired power has been rising for a long time, while the price of electricity has remained unchanged for 15 years. With the energy reform at home and abroad, the price of coal has risen year by year, but the failure to adjust the electricity bill on time has become an inevitable consequence. Second, the business scope is too large and the operating cost is high. State Grid Power covers 90% of the country's area, and the annual maintenance cost is huge. Third, the pressure of low electricity prices set by social functions is also very great. High electricity prices will directly affect people's livelihood, and it is difficult to develop and protect the power grid at the same time.

The total debt exceeds 3 trillion yuan! 1.4 billion people can't afford to support China Power? Blame the employee welfare for being too high?

In the face of systemic problems, blaming them on one point will not solve the root cause. This has also led us to think deeply about the power system. On the one hand, should the electricity price mechanism respond to market changes on time? on the other hand, should enterprise transformation and reform be implemented to optimize business structure and reduce operating costs? At the same time, the government should share the cost pressure with enterprises through subsidies or other means. Only by thoroughly studying and judging all factors and finding a fundamental treatment plan can the problem of loss of electric power enterprises be gradually solved.

The total debt exceeds 3 trillion yuan! 1.4 billion people can't afford to support China Power? Blame the employee welfare for being too high?

In this context, the ability of 1.4 billion people to maintain power enterprises also needs to be judged. With the improvement of economic strength, the mainland's GDP has reached 114 trillion yuan, the consumption level has increased rapidly, and the average annual electricity consumption has also increased to 780 kWh. Relative to other domestic industries, the extent of losses of power companies should be compared from a global perspective.

In fact, compared to other countries, China's electricity bills are still extremely low. Therefore, as a huge welfare project, whether the scale loss of China's power companies should become a common concern of the public also needs to be calmly examined.

The total debt exceeds 3 trillion yuan! 1.4 billion people can't afford to support China Power? Blame the employee welfare for being too high?

Generally speaking, China's power industry has reached a level that has attracted worldwide attention in terms of the scale of business development and the degree of social influence. However, its operating mechanism is different from that of traditional business models, and there are inevitably certain systemic risks. The key is to reveal the mechanism of the power system from various aspects and find out feasible optimization schemes.

At the same time, it is also necessary to understand the social responsibility of power companies, and not focus on the economic aspect alone. Only by having a comprehensive and in-depth understanding of the problem and coordinating the relationship between all parties can the sustainable and healthy development of the electric power industry be possible. This will require long-term joint efforts.

The total debt exceeds 3 trillion yuan! 1.4 billion people can't afford to support China Power? Blame the employee welfare for being too high?

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