enterprises should not just be developed but well
developed. China will require all relevant
departments and state-owned enterprises in all
regions to adjust to the developments and changes in the economy at home and abroad and in
accordance with the decisions and arrangements
of the CPC Central Committee on the reform and
development of state-owned enterprises. They
should follow the policies that preserve and
appreciate state-owned assets, enhance the competitiveness of the state-owned economy and
amplify the functions of state-owned capital,
deepen their reform and improve their operational management, strengthen the supervision of
state-owned assets and unswervingly make
state-owned enterprises bigger and stronger”.
In October 2017, he made a concise and
systematic exposition of issues concerning the
reform of state-owned enterprises in his report to
the 19th National Congress of the Communist
Party of China (NCCPC): “China will perfect the
management of state-owned assets; reform the
state-owned capital authorisation system; speed
up the optimisation, structural adjustment and
strategic restructuring of the state-owned economy; preserve and appreciate state-owned assets;
impel state-owned capital to grow bigger and
stronger and prevent the loss of state-owned
assets; and deepen the reform of state-owned
enterprises, develop a mixed ownership economy
and foster world-class enterprises with global
competitiveness”.
Premier Li Keqiang has also spoken many
times about the reform of state-owned
enterprises.
In March 2016, he said in his government
work report that: “China will promote development through reform and tackle firmly the most
difficult problems affecting the quality and efficiency of state-owned enterprises; restructure
state-owned enterprises, especially those that are
managed by the central government, through
innovation and mergers; promote equity diversification reform and carry out pilot projects to
introduce boards of directors, a professional
management system, mixed ownership and
employee stock ownership; deepen the reform of
enterprise employment systems and explore and
establish a compensation system for high-level
talent and managers through market-oriented
recruitment methods; accelerate the restructuring and formation of state-owned capital investment and operational companies; transform the
functions of state-owned asset supervision and
administrative institutions by means of capital
management, and preserve and appreciate
state-owned assets; give greater autonomy to
local government with regard to the reform of
state-owned enterprises; and accelerate the
divestment of those state-owned enterprise
functions unrelated to operations, solve problems
left over by history, downsize state-owned
enterprises
and
enhance
their
core
competitiveness”.
In May 2016, he said at a State Council
Executive Meeting that: “China will promote
development through reform and will tackle the
hardest problems to downsize central
government-administered state-owned enterprises and improve their quality and efficiency,
and with the courage and determination to make
prompt and resolute decisions”.
In December 2017, he said at a State Council
Executive Meeting that: “China will implement
the arrangements identified at the 19th NCCPC,
focus on deepening the reform of state-owned
enterprises and make efforts to preserve and
appreciate state-owned assets”.
9.2.2 Use the 1+N Policy System
to Reform State-Owned
Enterprises
In November 2013, the Decision of the CPC
Central Committee on Several Major Issues
Concerning
Comprehensively
Deepening
Reform was released. On December 30 of that
year, the Leading Group of the CPC Central
Committee for Comprehensively Deepening the
Reform, under the leadership of General Secretary Xi, was formed. In August 2015, the CPC
Central Committee and the State Council jointly
issued the Guiding Opinions on Deepening
Reform of State-Owned Enterprises. Policies on
the reform of state-owned enterprises were
introduced within the framework of the Guiding
Opinions.
580
S. Yaodong and A. Gillespie
developed. China will require all relevant
departments and state-owned enterprises in all
regions to adjust to the developments and changes in the economy at home and abroad and in
accordance with the decisions and arrangements
of the CPC Central Committee on the reform and
development of state-owned enterprises. They
should follow the policies that preserve and
appreciate state-owned assets, enhance the competitiveness of the state-owned economy and
amplify the functions of state-owned capital,
deepen their reform and improve their operational management, strengthen the supervision of
state-owned assets and unswervingly make
state-owned enterprises bigger and stronger”.
In October 2017, he made a concise and
systematic exposition of issues concerning the
reform of state-owned enterprises in his report to
the 19th National Congress of the Communist
Party of China (NCCPC): “China will perfect the
management of state-owned assets; reform the
state-owned capital authorisation system; speed
up the optimisation, structural adjustment and
strategic restructuring of the state-owned economy; preserve and appreciate state-owned assets;
impel state-owned capital to grow bigger and
stronger and prevent the loss of state-owned
assets; and deepen the reform of state-owned
enterprises, develop a mixed ownership economy
and foster world-class enterprises with global
competitiveness”.
Premier Li Keqiang has also spoken many
times about the reform of state-owned
enterprises.
In March 2016, he said in his government
work report that: “China will promote development through reform and tackle firmly the most
difficult problems affecting the quality and efficiency of state-owned enterprises; restructure
state-owned enterprises, especially those that are
managed by the central government, through
innovation and mergers; promote equity diversification reform and carry out pilot projects to
introduce boards of directors, a professional
management system, mixed ownership and
employee stock ownership; deepen the reform of
enterprise employment systems and explore and
establish a compensation system for high-level
talent and managers through market-oriented
recruitment methods; accelerate the restructuring and formation of state-owned capital investment and operational companies; transform the
functions of state-owned asset supervision and
administrative institutions by means of capital
management, and preserve and appreciate
state-owned assets; give greater autonomy to
local government with regard to the reform of
state-owned enterprises; and accelerate the
divestment of those state-owned enterprise
functions unrelated to operations, solve problems
left over by history, downsize state-owned
enterprises
and
enhance
their
core
competitiveness”.
In May 2016, he said at a State Council
Executive Meeting that: “China will promote
development through reform and will tackle the
hardest problems to downsize central
government-administered state-owned enterprises and improve their quality and efficiency,
and with the courage and determination to make
prompt and resolute decisions”.
In December 2017, he said at a State Council
Executive Meeting that: “China will implement
the arrangements identified at the 19th NCCPC,
focus on deepening the reform of state-owned
enterprises and make efforts to preserve and
appreciate state-owned assets”.
9.2.2 Use the 1+N Policy System
to Reform State-Owned
Enterprises
In November 2013, the Decision of the CPC
Central Committee on Several Major Issues
Concerning
Comprehensively
Deepening
Reform was released. On December 30 of that
year, the Leading Group of the CPC Central
Committee for Comprehensively Deepening the
Reform, under the leadership of General Secretary Xi, was formed. In August 2015, the CPC
Central Committee and the State Council jointly
issued the Guiding Opinions on Deepening
Reform of State-Owned Enterprises. Policies on
the reform of state-owned enterprises were
introduced within the framework of the Guiding
Opinions.
580
S. Yaodong and A. Gillespie