The number of pilot enterprises in the fourth batch of state-owned enterprises speeds up to double
Experts said that the focus of this year’s mixed reform will be on exploration of models and supporting mechanisms. Reporter Du Yumeng This round of state-owned enterprise reform has started more than 4 years since the start of this round, and this year, it can be said that it will achieve the 2020 state-owned enterprise reform goalKey year.
At the central enterprise and local SASAC meeting of leaders from January 14th to 15th, the SASAC made specific arrangements for the reform of state-owned and state-owned enterprises in 2019 on the basis of a summary of the work in 2018.
Experts believe that there will be four major points for the reform of state-owned enterprises in 2019, including the expansion of the scope of mixed reforms and the expansion of the reform of the state-owned asset authorization operating system.
Expanding the scope of mixed reforms in key areas and increasing the power of reforms as a breakthrough point in 无锡桑拿网 this round of state-owned enterprise reform. Mixed ownership reform is still the highlight of this year.
The State-owned Assets Supervision and Administration Commission pointed out that this year we will continue to expand the scope of mixed ownership reform in key areas, actively promote conventional capital investment, companies invested by operating companies, and state-owned enterprises in the commercial sector whose main businesses are participating in the competition to carry out mixed ownership reform.
In the opinion of Associate Professor Zhou Lisha of the Research Center of the State-owned Assets Supervision and Administration Commission of the State Council, in 2019, mixed reform will be more open in monopoly industries, and at the same time, it will be more involved with the intervention of micro-market players.
It is worth noting that on the basis of three batches of mixed reform pilot companies that have been launched, Li Weiliang, deputy director of the National Development and Reform Commission, recently said that the next step will be to increase the mix reform of state-owned enterprises, based on the first three batches of 50 pilot enterprises.Speed up the launch of the fourth batch of more than 100 pilots.
”Through the launch of the fourth batch of mixed reform pilots, it is clear first that the coverage and the types of enterprises covered will continue to expand.
Wu Qi, a senior scholar at Pangu Think Tank, predicted in an interview with the Securities Daily that the focus of this year’s mixed reform will be on exploring models and supporting mechanisms.
Leader Xiao Yaqing, director of the State-owned Assets Supervision and Administration Commission of the State Council, will continue to deepen the connotation of mixed ownership reform this year and focus on transforming the operating mechanism of enterprises, especially in the areas of corporate governance, selection and employment, and enhanced incentives.
At present, with regard to the reform of the conventional capital authorization operating system, SASAC has selected 21 central enterprises and 122 local state-owned enterprises for conventional capital investment and piloted operating companies.
Hao Peng, Secretary of the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council, said that to deepen the piloting of two types of companies this year, reorganize and set up joint-stock capital investment companies in important industries and key areas that the country must master, set up capital operating capital operating companies, revitalize the capital stock, and continuously increase annual capital.Operational efficiency and level.
”Although the pilots of ‘two types of companies’ have been successively established in various places, from the actual situation, the functional positioning and operation mode of ‘two types of companies’ in some regions are still unclear.”
Wu Qi believes that the third batch of “two types of companies” pilots are officially launched, and it is expected that the fourth batch of pilots will be explored in the future, focusing on local state-owned enterprises, so as to achieve a leading and demonstration role.
Xiao Yaqing said that this year, it is necessary to further strengthen the authorization, establish an authorization adjustment mechanism, and explore granting some investor rights to pilot enterprises.
Promote the investment of state-owned capital, adjust the organizational structure of operating companies, reform the control mode, further build a professional platform for market-oriented operations, and play a role in the strategic reorganization of the domestic economy and the optimization of the layout structure.
Promote professional integration in multiple fields and strictly control the financial business of central SOEs. The meeting pointed out that it is necessary to actively and steadily promote the strategic reorganization of enterprises in the fields of equipment manufacturing, shipping, and chemicals; continue to promote power, non-ferrous metals, steel, offshore equipment, environmental protection, and duty-free goods.Specialized integration in other fields; promote regional resource integration and reduce homogeneous competition.
Zhou Lisha told the “Securities Daily” reporter that at present, under the new situation of increasingly severe constraints on resources and environment, intensified international industrial competition, and the apparent rise of trade protectionism, it is necessary to effectively promote mergers and reorganizations of enterprises, promote the optimization and upgrading of industrial structures, and strengthen resistance to internationalMarket risk capabilities.
On the whole, some industries have serious repetitive construction, low industrial concentration, weak independent innovation capability, and weak market competition. The problems of weak market competition are still prominent. Therefore, the speed and intensity of industry integration must be accelerated.
Wu Qi believes that in the development of environmental protection in the past few years, there have also been overcapacity, homogeneous competition, and low-end international divisions of labor. Therefore, advancing the professional integration in this field is conducive to building leading enterprises in large-scale industries.The elderly promote the concentration of resources to advantageous enterprises, improve the efficiency of domestic enterprise capital allocation, and enhance the international competitiveness of the elderly. From the perspective of duty-free goods, one of the focuses of this year’s income-economy work is to form a strong domestic market and be tax-free.Goods can be said to be the new engine of the domestic consumer market. Promoting the specialized integration of the duty-free goods industry will help guide the return of overseas consumption. This is also an inevitable requirement and important support to respond to the slowdown in domestic consumption growth and further expansion of domestic demand.
In the current period, in the context of the central government’s continued focus on the “six stability” work and the prevention of systemic financial risks, the SASAC also strengthened its control over the financial business of state-owned enterprises.
The meeting pointed out that it is necessary to strengthen the management and control of futures, trusts, funds and other financial services, and explore the establishment of financial management and investment fund classification management and filing systems; strict control of new investment in financial services, poor business efficiency of the main business, and the effect of the combination of industry and financeObviously, the existing business of potential risks is cleaned up and rectified; standardize the development of financial derivative business and strictly abide by the principle of hedging; any speculation can be cancelled; establish a multi-level risk management and control system from group companies to financial subsidiaries, and strengthen financial business operation and monitoringRisk isolation between finance and industry and between financial subsidiaries.
Wu Qi said that during the development of previous years, some central enterprises established subsidiaries such as futures, trusts, and funds through holdings and equity participation. A large number of industrial capital entered the financial industry and promoted the formation of industrial financial holding groups.
Objectively speaking, the integration of industrial capital and financial capital can, to a certain extent, help central enterprises to promote the combination of production and finance, improve the efficiency of capital utilization, and enhance core competitiveness.
However, it is undeniable that some central enterprises have deviated from their original intentions in the actual operation process. Excessive financialization has transformed the main business, but it has not effectively promoted the main business of the entity. Instead, it was blindly invested because of excessive speculation by financial subsidiariesThe circumvention of supervision has led to the diversion of funds from the real, and increased the risk of corporate leverage and state-owned assets.
At the same time, the related-party transactions within these central enterprises and transactions with financial companies are relatively more alternating, more complex, and more covert. At the same time, there are still some deficiencies in the supervision of industrial financial holding groups, and the internal risk management system of the enterprise is still incompleteIt is easy to accumulate and induce systemic financial risks.
Therefore, it is imperative to strictly control the financial business of central enterprises and regulate the development of industrial financial holding groups.