A complete 1+N policy system has been
created for the new round of state-owned enterprise reform. “1” refers to the Guidance, which is
the overall idea behind the policy system. “N”
refers to policies that cover such key areas as
leadership of the CPC, the state-owned asset
management system, mixed ownership, classification of state-owned enterprises, supervision
and solving problems left over by history. “N”
includes:
• the Opinions on Rationally Identifying and
Strictly Standardising Remuneration and the
Business Expenses of Heads of Central
Government-Administered
State-Owned
Enterprises, deliberated and adopted in
August 2014;
• the Plan of Reform of the Compensation
System for Heads of Central GovernmentAdministered
State-Owned
Enterprises,
implemented in January 2015;
• the Several Opinions on Further Deepening
Electricity System Reform, introduced in
March 2015;
• the Opinions on State-Owned Enterprises’
Development of the Mixed Ownership
Economy, introduced in September 2015;
• the Several Opinions on Upholding the Party’s Leadership and Strengthening Party
Building in Deepening Reform of
State-Owned Enterprises, introduced in
September 2015;
• the Guiding Opinions on Encouraging and
Standardising
the
Introduction
of
Non-State-Owned Capital into Projects
Invested in by State-Owned Enterprises,
deliberated and adopted in September 2015;
• the Several Opinions on Reforming and Perfecting the State-Owned Asset Management
System, introduced in October 2015;
• the Opinions on Strengthening and Improving
the Supervision of State-Owned Assets of
Enterprises and Preventing the Loss of
State-Owned Assets, introduced in October
2015;
• the Circular on Printing and Distributing
Support Documents for Electricity System
Reform, implemented in November 2015
(related support documents are: the Opinions
on Promoting the Reform of Power Transmission and Distribution Prices, the Opinions
on Implementing the formation of Electricity
Markets, the Opinions on Establishing and
Operating Power Trading Institutions, the
Opinions on the Orderly Liberalisation of
Power Generation and Consumption Planning, the Opinions on Implementing Electricity Retail Reform, and the Guiding
Opinions on Strengthening and Regulating
the Supervision and Administration of Private
Coal-Fired Power Plants);
• the Guiding Opinions on the Definition and
Classification of Functions of State-Owned
Enterprises, introduced in December 2015;
• the Guiding Opinions on Further Regulating
and Strengthening the Management of
State-Owned Assets of Administrative Institutions, introduced in December 2015;
• the Interim Procedures for the Administration
of Stock Ownership and Dividend Incentives
of State-Owned Scientific and Technological
Enterprises, implemented in March 2016;
• the Circular of the State Council on Printing
and Distributing the Work Plan for the
Divestment of Functions Unrelated to the
Operations of State-Owned Enterprises and
for Solving Problems Left Over by History,
introduced in March 2016;
• the Regulations on the Supervision and
Administration
of
Transactions
of
State-Owned Assets of Enterprises, implemented in July 2016;
• the Guiding Opinions on Restructuring and
Reorganising
Central
Government-Administered
State-Owned
Enterprises, implemented in July 2016;
• the Opinions on Establishing an Accountability System for Illegal Operations and
Investments by State-Owned Enterprises,
implemented in August 2016;
• the Opinions on the Employee Stock Ownership Pilot Project of State-Held Mixed
Ownership Enterprises, introduced in August
2016;
• the Implementation Plan for Improving the
Functional Classification Assessment of
Special Report 4: China’s Energy System Revolution
581
created for the new round of state-owned enterprise reform. “1” refers to the Guidance, which is
the overall idea behind the policy system. “N”
refers to policies that cover such key areas as
leadership of the CPC, the state-owned asset
management system, mixed ownership, classification of state-owned enterprises, supervision
and solving problems left over by history. “N”
includes:
• the Opinions on Rationally Identifying and
Strictly Standardising Remuneration and the
Business Expenses of Heads of Central
Government-Administered
State-Owned
Enterprises, deliberated and adopted in
August 2014;
• the Plan of Reform of the Compensation
System for Heads of Central GovernmentAdministered
State-Owned
Enterprises,
implemented in January 2015;
• the Several Opinions on Further Deepening
Electricity System Reform, introduced in
March 2015;
• the Opinions on State-Owned Enterprises’
Development of the Mixed Ownership
Economy, introduced in September 2015;
• the Several Opinions on Upholding the Party’s Leadership and Strengthening Party
Building in Deepening Reform of
State-Owned Enterprises, introduced in
September 2015;
• the Guiding Opinions on Encouraging and
Standardising
the
Introduction
of
Non-State-Owned Capital into Projects
Invested in by State-Owned Enterprises,
deliberated and adopted in September 2015;
• the Several Opinions on Reforming and Perfecting the State-Owned Asset Management
System, introduced in October 2015;
• the Opinions on Strengthening and Improving
the Supervision of State-Owned Assets of
Enterprises and Preventing the Loss of
State-Owned Assets, introduced in October
2015;
• the Circular on Printing and Distributing
Support Documents for Electricity System
Reform, implemented in November 2015
(related support documents are: the Opinions
on Promoting the Reform of Power Transmission and Distribution Prices, the Opinions
on Implementing the formation of Electricity
Markets, the Opinions on Establishing and
Operating Power Trading Institutions, the
Opinions on the Orderly Liberalisation of
Power Generation and Consumption Planning, the Opinions on Implementing Electricity Retail Reform, and the Guiding
Opinions on Strengthening and Regulating
the Supervision and Administration of Private
Coal-Fired Power Plants);
• the Guiding Opinions on the Definition and
Classification of Functions of State-Owned
Enterprises, introduced in December 2015;
• the Guiding Opinions on Further Regulating
and Strengthening the Management of
State-Owned Assets of Administrative Institutions, introduced in December 2015;
• the Interim Procedures for the Administration
of Stock Ownership and Dividend Incentives
of State-Owned Scientific and Technological
Enterprises, implemented in March 2016;
• the Circular of the State Council on Printing
and Distributing the Work Plan for the
Divestment of Functions Unrelated to the
Operations of State-Owned Enterprises and
for Solving Problems Left Over by History,
introduced in March 2016;
• the Regulations on the Supervision and
Administration
of
Transactions
of
State-Owned Assets of Enterprises, implemented in July 2016;
• the Guiding Opinions on Restructuring and
Reorganising
Central
Government-Administered
State-Owned
Enterprises, implemented in July 2016;
• the Opinions on Establishing an Accountability System for Illegal Operations and
Investments by State-Owned Enterprises,
implemented in August 2016;
• the Opinions on the Employee Stock Ownership Pilot Project of State-Held Mixed
Ownership Enterprises, introduced in August
2016;
• the Implementation Plan for Improving the
Functional Classification Assessment of
Special Report 4: China’s Energy System Revolution
581