In Weichai, talented people will enjoy good payment. Sometimes, it is higher than some management members' remuneration.

The group announced on July 12 it would provide an additional 2,000 yuan every month to all its R&D engineers. As a result, the average annual salary of engineers in Weichai will exceed 150,000 yuan.

This year the company has appointed seven of its staff as 'Weichai scientists' and eight as 'youth scientists' - to foster an innovation culture.

The group has grown to become a multinational equipment manufacturer, with five listed companies and eight high-end brands.

Weichai vowed to invest significantly in new energy power system development and said it plans to build a high-end new energy power industrial chain.