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We will accelerate the construction of world-class enterprises to promote the double circular development of the economy

Building the new development pattern is an inevitable choice that ADAPTS to the requirements of the new development stage and shapes the new advantages of international cooperation and competition. Practice has proved that more than 40 years of reform and opening to cope with the pressure changes in the international market and domestic economic development, form the virtuous circle of the supply and demand in the long term from the supply side, by deepening reform and strengthen the enterprise long-term development foundation, release the vitality of economic growth, promote the development of more outstanding enterprises. At present, China already has the world's most complete and largest industrial system and super large scale domestic demand market. The construction of world-class enterprises has become an important starting point to radiate and drive the transformation and upgrading of industrial chain and promote the double circular development of economy. As a large scale developing economy, China should vigorously cultivate and accelerate the construction of a certain number of world-class enterprises with international competitiveness, which is an important support for improving the domestic supply level, increasing residents' income and enhancing the quality of economic circulation.


We will accelerate the upgrading of enterprises' technological level and management capabilities to consolidate the foundation for the double-cycle economy


Both the international economic cycle and the domestic economic cycle are based on the premise that enterprises can provide competitive products or services. Therefore, having a certain number of enterprises with high quality development is the premise and foundation of unimpeded economic double circulation. At present, new technologies and equipment represented by automation and intelligence are widely used in various fields of production and consumption, which brings great changes in the cost structure and competitive landscape of enterprises: Of the world's leading companies are more conditions using the automatic and intelligent technology and equipment to improve production efficiency, reduce production cost, through global sourcing to reduce production elements of the purchase cost, thus the application of new technology is to further strengthen leading enterprise competitive advantage, market concentration in a wide range of industries are in different degrees. Therefore, in the new technological trend and industrial changes, it is urgent to cultivate and speed up the construction of world-class enterprises with global competitiveness.


There are many economic subjects in China, but the development is unbalanced: some of them have fully integrated into the global industrial chain, and have the international leading product development, production and distribution ability of excellent enterprises; There are also many general enterprises that serve the local market and have poor performance in new product development and management system construction. Encourage Chinese enterprises to catch up with and even lead to international industry development and the trend of technological change, more globally competitive world-class enterprises, with higher quality of market main body to consolidate the basis of economic dual cycle, on the one hand should be excellent enterprise play a good demonstration leading role, through the industrial chain, supply chain drive more business to achieve better development; On the other hand, by deepening the reform to support and help more local enterprises to form a higher level of new product development capabilities and global operation capabilities, constantly improve the development quality of domestic market players. Domestically, to build the world first-class enterprise can play spillover effects of talent and management, improve the domestic similar enterprise production technology and management level, also can through the cross-industry cooperation "assigned to" other industries to speed up the transformation and upgrading of enterprise, in the process, can drive the residents' ability to work and income level ascending simultaneously. From the international point of view, accelerating the construction of world-class enterprises can increase the discourse power of Chinese enterprises in the international industrial chain and ecological chain, thus driving the related enterprises in the industrial chain and ecological chain to increase the investment of Chinese enterprises, and establishing a solid foundation for Chinese enterprises to seize the opportunity and better development in the new industrial reform.


By fostering world-class enterprises to enhance the integrity of the industrial chain, break through the economic cycle, blocking points


Since the reform and opening up, especially since China's accession to the World Trade Organization (WTO), a large number of Chinese enterprises have rapidly integrated into the global industrial chain and continuously absorbed the mature experience of advanced product development, technical management and global operation. China has gradually formed a more complete industrial system. However, in some important areas, there are still "bottleneck" technologies and products that are difficult for local enterprises to supply, which is not conducive to ensuring the smooth operation of the industrial chain and may even turn into breakpoints and blockage points in the economic cycle.


It should be noted that solving the "bottleneck" problem of key technologies and equipment in the industrial chain and cultivating world-class enterprises are two aspects of the same problem. Those multinational companies that produce "bottleneck" technologies and products are usually among the world-class enterprises. They have the outstanding characteristics of forward-looking strategic vision in technology development, the ability to carry out large-scale and continuous capital and personnel investment in key technologies, and the cost advantage brought by the globalization of production and sales. Therefore, to solve the "neck" technical problems and break through the economic cycle, depends on the rise of more world-class enterprises in China. This needs through a series of reform measures, which is mainly composed of enterprises set up r&d system, such as to optimize the mode of enterprise technology research and development of the investment and financing, formulation and implementation of more stringent protection of intellectual property rights system, etc., make the enterprise to have the courage to carry on the long-term, high strength of the development of new technologies, new products, dare to attack "their" problem, And in the process of becoming a world-class enterprise, we will continuously improve the integrity and operational efficiency of the industrial chain, and get through the breakpoints and blocking points of the economic cycle.


We will continue to improve the business environment and foster more outstanding enterprises with higher-quality domestic circulation


As an open system, enterprises need to continuously exchange material and information with the outside world. Business environment is compared to the soil and air for enterprises to survive. To improve the business environment, not only can reduce the enterprise cost, make the enterprise can have more resources and energy into the technological innovation and production operations, continuously improve enterprise's ability to develop domestic and international market, but also can stimulate entrepreneurial zeal of of all kinds enterprise innovation, make "near" yue, far to, create new products and services industry, seize new opportunities, We will promote high-quality economic development. In addition, the improvement of the business environment will definitely help to promote the formation of a large national market, so as to promote the emergence of outstanding enterprises in a fairer market competition. Enterprises that grow in such an environment will have more market competition strength and drive the transformation and upgrading of the industrial chain.


Since the eighteenth congress, vigorously promote business facilitation reform in our country, through and decentralization, the implementation of the negative list, we will promote standardization of government affairs service and a series of reform measures, the government public services continue to mass transfer efficiency, market main body quantity sharp growth, business environment of marketization and government by law, the internationalization level enhances unceasingly, China is moving up the World Bank's ease of doing Business list. Conform to the progress of information technology and the change of economic structure, better cultivate and promote the rise of the world first-class enterprise management departments at all levels need to reduce the supply of public service costs and acquisition costs of enterprise as the goal, to strengthen the application of new technology, optimizing the process of public service, improve the service efficiency and the level of standardization, To enhance the competitiveness of enterprises and industries to create better external conditions.


We will promote a more effective combination of the government and the market, and improve the mechanism for the formation and development of world-class enterprises


Fostering world-class enterprises is an important part of improving the discourse power and influence of domestic enterprises in the international industrial chain and value chain. China is a socialist country with a huge economic scale, realizing the innovative combination of socialism and market economy, and creating two great miracles: rapid economic development and long-term social stability. To cultivate and develop world-class enterprises, China must adhere to and improve the basic socialist economic system, further enhance the efficiency of the use of resources through the effective combination of the government and the market, open up new economic space for the development of enterprises, and form an effective mechanism to enhance the international competitiveness of local enterprises and industrial operation efficiency.


On the one hand, the socialist market economic system can play the decisive role of the market in resource allocation, improve the efficiency of resource use, increase the number of market players, stimulate the vitality of market players, and enhance the ability of market players to control factor resources; On the other hand, it can better play the role of the government, use the power of the government to build a more inclusive public technology service platform, promote the formation of a new industrial system, on this basis, promote enterprises to improve their competitiveness, and further promote the effective operation of the industrial chain. For example, China has strengthened the management of monopoly industry and enterprises in recent years, which has improved the ecological environment of market competition to a great extent.


In summary, in the face of the century-old great changes and the overall strategic situation of the great rejuvenation of the Chinese nation, fostering world-class enterprises is an important element for China to promote high-quality and circular economic development, and an important economic measure to deal with all kinds of risks and challenges on the road to rejuvenation. From the perspective of enterprises themselves, Chinese enterprises should make full use of the advantages of the large scale domestic market, promote the formation of high-quality domestic large cycle, but also for their own participation in the international economic cycle, to gain a foothold in the international market capacity and strength. On this basis, while serving the domestic market well, domestic enterprises should take advantage of all favorable conditions to actively participate in international competition, improve their management level and operation efficiency in international competition, and grow into world-class enterprises in the world as soon as possible. For the government, it should constantly innovate the way of effective combination of market and government, open up new market space, promote the technological progress of enterprises and the effective operation of industrial chain; We will continue to improve the business environment, help enterprises reduce production and operation costs, stimulate entrepreneurs' enthusiasm for innovation and entrepreneurship, and enhance enterprises' confidence in long-term development.


Source: State-owned Assets Supervision and Administration Commission of the State Council