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The Reform Of State-Owned Enterprises Should Not Deviate From The Market Orientation.

2012/3/14 17:15:00 14

State Owned Enterprises Reform Market

On the eve of the two sessions,

World Bank

The report on China's construction of a modern, harmonious and creative high-income society in 2030, which was jointly issued by the State Council Development Research Center, triggered a heated discussion on the reform of state-owned enterprises in the society. Should state-owned enterprises scale down and withdraw from some competitive areas?


Wen Jiabao, premier of the State Council, pointed out in this year's government work report that we should further promote the strategic adjustment of the state-owned economy, improve the rational flow mechanism for the entry and exit of state-owned capital, and encourage private capital to enter into monopolistic industries, including telecommunications, finance and petroleum.

Moreover, the NDRC recently said that the new "36 non-public ownership" operation rules will be introduced in the first half of this year, which will objectively create external pressure on state-owned enterprises and promote the reform of state-owned enterprises.


On March 12th, the five session of the eleven National People's Congress invited four NPC deputies to the business community to hold a press conference on how to promote the development of the real economy. They also called on the state to establish a fair market competition environment so as to create conditions for the development of the private economy.


Some representatives from state-owned enterprises believe that the efficiency of state-owned enterprises needs to be improved, but the direction of reform is not privatization.

Some representatives from the private sector expressed dissatisfaction with the "advance and retreat" of some sectors. They called on the state to reform the monopoly industries and call for a fair market competition environment.


Though for

State owned enterprise reform

There are differences, but the overwhelming majority of the deputies interviewed by reporters do not agree with complete privatization, and market-oriented reform is the general direction.

They also believe that in some areas, reducing the size of state-owned enterprises and providing equal opportunities for private enterprises will be conducive to promoting the reform of state-owned enterprises.


However, some representatives stressed that the reform of state-owned enterprises should be steadily promoted. Under the market environment where some regulatory conditions are not available and there is still a lack of supervision, blindly promoting the reform of state-owned enterprises, especially privatizing state-owned enterprises, may aggravate the loss of state assets.

They said that the reform of state-owned enterprises is no longer limited to how to deal with the issue of all the assets of the state, but also how to develop together with private enterprises. Therefore, the reform of state-owned enterprises needs top-level design.


Li Zhaoxing, chairman of the NPC's Foreign Affairs Committee, said at a news conference in March 4th that the Standing Committee of the National People's Congress will conduct a special inquiry on the reform and development of state-owned enterprises this year.

Deepening the reform of state-owned enterprises is the trend of the times. How to go is a pressing problem.


Like NPC deputies,

Sany shares

Xiang Wenbo, President of the limited company, said in a press conference at 12, that the reform of state-owned enterprises as a whole is not feasible. In some areas of market competition, opening up to private capital and establishing a fair market order will eventually form an environment of complementary advantages and common development of state-owned economy and private economy, which will be more conducive to the pformation of enterprises and more conducive to the sustainable development of China's economy.

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