In addition to clarifying the six pilot enterprises and the seven key areas to promote mixed reform last year, at this year's national "two sessions", Xiao Yaqing, director of the State-owned Assets Supervision and Administration Commission, stated that the breakthrough of mixed ownership in 2017 should be further expanded. Experts predict that the breakthrough is mainly for the second category of state-owned enterprises, namely commercial enterprises.
"From the perspective of state-owned enterprise reform, the reform goal of mixed ownership should be placed on enhancing vitality. The vitality mentioned here is not only the vitality of the enterprise, but also the vitality of the government, the vitality of employees and the vitality of social capital." China Private Economy Research Association In an interview with the "Securities Daily" reporter, director Tan Haojun said that for the government, the mixed reform must solve the government's decentralization problem, that is, to stimulate the "release" vitality, and use decentralization to measure the effect of mixed reform, while judging the government. The transformation of functions.
The data shows that at present, the reform of the company's subsidiaries at all levels of the central enterprises exceeds 92%, the reform of the state-owned SASAC-supervised enterprises exceeds 90%, and the number of state-owned state-owned listed companies in the national state-owned supervision system reaches 1,082.
Tan Haojun believes that for enterprises, mixed reform is to stimulate the vitality of “闯”, so that enterprises can become a company with core technology, core products and core competitiveness through “smashing”; for employees, it is necessary to stimulate "Dry" vitality. Among them, it is particularly important to solve the problem of “dry” of employees through employee stock ownership. It should be noted that employee stock ownership is not a full shareholding, but a backbone shareholding, elite shareholding, and key personnel holding shares; finally, for social capital, it is also necessary to stimulate the vitality of “investment”. That is to say, through the transfer of equity, asset restructuring, capital increase and shareholding and the introduction of strategic investors, social capital is actively introduced. In this case, enterprises must be given greater autonomy in terms of policies, methods and ideas.
Feng Liguo, Ph.D., from the Economic Research Department of the Research Department of the China Enterprise Confederation, said in an interview with the Securities Daily that allowing all parties to benefit, this is the key and fundamental of the mixed reform. Mixed reform is a property rights reform. On the surface, it is the stock adjustment of state-owned equity. In essence, it is a new round of property rights reform of state-owned enterprises. The purpose is to achieve incremental reform through ownership reform, to make enterprises work and to increase the total amount. Let all parties benefit from it. Of course, obtaining benefits is one of the key aspects, but it is equally important to protect the legitimate interests of all parties. If it is not good to protect the legitimate property rights of all parties, the mixed reform is also unsustainable.
In Feng Liguo's view, since the mixed reform is a top-down policy, and under the current constraints, the future focus areas of the mixed reforms in the depth of advancement, may face no small problems. For the breakthrough of the mixed reform proposed this year, it is expected to focus on the second category of state-owned enterprises, namely commercial enterprises.
