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    2018/1/18

    The annual meeting of the central enterprise and the head of the local SASAC was held in Beijing in January 15th. On the basis of the summary of the work and the analysis of the situation, the SASAC of the State Council has studied and deployed the key tasks in 2018.


    Xiao Yaqing, director of the SASAC of the State Council, said at the conference that this year we will focus our efforts on landing the reform measures and further push ahead with breakthroughs in key areas and key links. Among them, it is necessary to strengthen top-level design, in accordance with the "mature one, advancing a" principle, steadily promote the equipment manufacturing, coal, electricity, communications, chemical and other fields of central enterprises to promote the strategic restructuring of state-owned capital to key industries and key areas of national strategy and advantages of enterprises to further focus; but also to promote the key areas of mixed ownership reform, improve the governance mechanism of mixed ownership enterprises.


    Zhao Lisha, an Associate Research Fellow of the State Council's SASAC Research Center, said in an interview with reporters that speeding up the layout optimization, structural adjustment and strategic restructuring of the state-owned economy is the clear request of the nineteen major reports. Therefore, for the reorganization and integration of the central enterprises in 2018, we should also adapt to the new situation and new requirements, grasp the focus of the work, and better promote the reorganization and integration. In the first place, there is an increase in quantity. With the national strategy oriented, pay attention to the powerful combination of strategic and industrial restructuring, to achieve a reasonable "reduction", according to the national strategic needs, by way of industry system reform, the formation of a new enterprise, realize the effective "increase"; secondly, to promote the professional integration; finally, enhance the focus on industrial competitiveness, steadily promote the reorganization of central enterprises. Coordinate regional development strategy, in order to promote the transformation and upgrading of China's industrial competitiveness as the goal, and steadily promote the integration of related equipment manufacturing and other industries.


    Xiao Yaqing said that the day after will have the advantage of industry leading enterprises to play the role of professional platform, state-owned capital operating companies, continue to promote coal, iron and steel, marine equipment, environmental protection and other areas of resource integration.


    Pangu think tank senior researcher Wu Qi said in an interview with reporters, in 2018 to promote the restructuring of state-owned enterprises in the integration process, more should be based on the industry, and actively and steadily promote the merger and reorganization of industry chain and related industries, realize the organic integration of industry and downstream industries and related industries, to build the industrial synergy. At the same time, we must combine effectively with the production capacity work, based on comparative advantage, accelerate the exit from the non main industry sectors and the low-end industries from the lack of competitive advantage, further optimize the product structure and market layout, and push enterprises to extend to the high-end of specialization and value chain.


    In 2017, the restructuring of state-owned enterprises to further increase the pace of integration, has completed the national machine group and the group, Poly Group and light group, Chinese technology group, recombinant Chinese Guodian and Shenhua Group 3 group 7 enterprises, the SASAC supervision of central enterprises from the 2003 establishment of the SASAC at the beginning of 196 to adjust the current 98.


    A state owned enterprise reform experts believe that as the reform of state-owned enterprises into the stage of deep adjustment, it is expected that the central enterprises will continue to promote restructuring and integration. Although the current number of central enterprises has been reduced to less than 100, but in the long run, the number of expected central enterprises is expected to fall to more than 80.


    As a breakthrough of the current round of state-owned enterprise reform, mixed ownership reform has been carried out in the field of electricity, oil, natural gas, civil aviation, telecommunications and military industry in 2017. It has introduced more than 40 kinds of investors and a capital of more than 90 billion yuan.


    Xiao Yaqing disclosed that this year will choose qualified central enterprises to promote shareholding diversification at the group level, and explore governance mechanism and regulatory mode different from state-owned sole proprietorship. At the same time, we will actively promote the mixed reform of commercial state-owned enterprises in the fully competitive industries and fields, and further promote the pilot projects in the key areas. We should improve the governance mechanism of the mixed and reform enterprises, and explore the system of priority stock and special management stock.


    Wu Qi predicted that in 2018, the mixed reform of state-owned enterprises will be deeply explored in the mode. At the same time, under the background of corporate system reform, the pace of mixed reform of local state-owned enterprises will accelerate.


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