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Home > News > Valuable News > The three-year action plan for SOE reform will be implemented next year

The three-year action plan for SOE reform will be implemented next year

ECHEMI 2020-01-14

From December 24 to 25, the meeting of heads of central enterprises was held in Beijing. Hao Penghui, Secretary of the Party committee and director of the state owned assets supervision and Administration Commission of the State Council, said that the three-year action plan for the reform of state-owned enterprises will be put into effect at the beginning of next year. We should take the implementation plan as an opportunity to promote the reform of state-owned enterprises to achieve new breakthroughs. We need to push forward the reform of mixed ownership to achieve new breakthroughs, and strive to introduce strategic investors with high matching, high recognition and high synergy. According to the data of building a new index system of "two benefits and three rates", in the first 11 months of this year, the net profit and operating revenue of central enterprises increased by 9% and 5% respectively year on year, and the total investment increased by 9.4%, effectively playing the role of "stabilizer" and "ballast stone" of national economy. "To achieve stable growth can better reflect the role of central enterprises in economic and social development."

 

Hao Peng said that to ensure stable growth of high quality, we should firmly adhere to the new development concept, follow the market and enterprise development law, make overall plans for internal potential tapping and external development, make overall use of assessment and evaluation, incentive constraints, focus on the main business to promote development and increase efficiency, and strive to maintain the steady development of central enterprises. It is reported that, on the basis of retaining the three indicators of net profit, total profit and asset liability ratio, the central enterprise's business performance assessment will increase the indicators of revenue profit ratio and R & D investment intensity since 2020, forming an indicator system of "two benefits and three ratios" to guide enterprises to better achieve high-quality development. Hao Peng said that in 2020, SASAC will organize and carry out special actions to improve quality and efficiency, further strengthen the linkage of budget, assessment and distribution, and promote the economic operation of central enterprises to achieve a good start and a stable and overall progress throughout the year. Zhou Lisa, a researcher at the research center of the state owned assets supervision and Administration Commission of the State Council, told the reporter of China Securities News: "the index that the profit margin of revenue measures the operating efficiency of an enterprise reflects the ability of an enterprise's managers to make profits through operation when considering the operating cost.

 

Under the guidance of high-quality development, in the process of scientific and technological innovation and industrial development, enterprises need to increase the R & D layout of scientific and technological industries, and the indicator system of "two benefits and three rates" to guide enterprises to focus on improving operating efficiency and increasing the layout of scientific and technological innovation industries. " It is learned that in 2020, SASAC and central enterprises should strive to achieve high-quality, effective and sustainable growth, enhance the comprehensive effect of SOE reform, enhance the technological innovation ability of enterprises, promote the optimization and adjustment of state-owned capital layout, build world-class enterprises, promote the improvement of industrial system, and improve the state-owned assets supervision system focusing on capital management To prevent and resolve major risks. In the aspect of mixed reform, Hao Peng pointed out that the next step is to promote the hierarchical classification, pay more attention to the rational design and adjustment of equity structure, focus on introducing strategic investors with high matching degree, high sense of identity and high coordination, and explore the establishment of a scientific and efficient differentiated management and control mode.

 

The state-owned enterprises should strengthen the management of joint-stock enterprises to prevent "no investment". In terms of promoting the optimization and adjustment of the distribution of state-owned capital, we will focus on the development of advanced manufacturing industry and the revitalization of the real economy, and strive to promote the optimization and adjustment of the distribution of state-owned capital. SASAC has made it clear that the central enterprises will be responsible for the main business again next year. All central enterprises should strictly control the proportion and direction of investment in non main businesses and accelerate the separation of non main businesses and non advantageous businesses. At the same time, the restructuring and integration of areas with prominent problems of repeated investment and homogenization competition are expected to speed up, and the specialized integration of equipment manufacturing, chemical industry, offshore equipment, overseas oil and gas assets and regional integration of coal and power resources will become the focus of work. In terms of strengthening the supervision of state-owned assets by managing capital, Hao Peng said that in the next step, SASAC will continue to strengthen the authorization of pilot enterprises of the two types of companies on the one hand, and on the other hand will reorganize or form new two types of Companies in due time.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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