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Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council: In-depth implementation of the reform of state-owned enterprises to deepen and upgrade actions

The implementation of the deepening and upgrading of the reform of state-owned enterprises is an overall and strategic major decision and deployment made by the Party Central Committee with Comrade Jinping Xi as the core at the strategic height of the overall situation of the Party and the State, following the deployment and implementation of the three-year action on the reform of state-owned enterprises for the new era and the new journey. The Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council deeply learns and understands the spirit of the important instructions and instructions of the General secretary of the Jinping Xi, guides and promotes the state-owned enterprises to effectively shoulder their responsibilities, grasps the implementation well, advances the reform of state-owned enterprises in depth with a higher position and greater efforts, better fulfils the new mission of state-owned assets and state-owned enterprises in the new era and the new journey, and makes greater contributions to the comprehensive construction of a modern socialist country.

 

1. the thought and action of the Party Central Committee on the implementation of the reform of state-owned enterprises to deepen the major decision deployment

 

In recent years, under the personally planned, personally deployed and personally promoted by the General Secretary of Jinping Xi, all regions and relevant departments have taken their respective responsibilities and cooperated to promote the reform of state-owned enterprises to make breakthrough progress in important areas and key links, and the three-year reform action has achieved obvious results, effectively promoting state-owned enterprises to become stronger, better and bigger, and play a key role at key moments. On the new journey of the new era, the new situation and new tasks have put forward new and higher requirements for deepening the reform of state-owned enterprises. General Secretary Jinping Xi made major arrangements for deepening the reform of state assets and state-owned enterprises in the report of the 20th National Congress of the Party, and further emphasized at the Central Economic Work Conference in 2022 that a new round of action plans for deepening the reform of state-owned enterprises should be planned according to the changes in the situation, focusing on improving core competitiveness and enhancing core functions. We must deeply understand the significance of deepening and upgrading the reform of state-owned enterprises, further enhance the sense of responsibility and urgency, and make every effort to promote the implementation of the reform task and achieve results.

 

Understand the importance of deepening and upgrading the reform of state-owned enterprises from the overall situation of the Chinese modernization. The 20th CPC National Congress drew up a blueprint for comprehensively building a modern socialist country and advancing the great rejuvenation of the Chinese nation. State-owned enterprises are an important material and political foundation for socialism with Chinese characteristics, an important pillar and force for the Party to govern and rejuvenate the country, and play an irreplaceable role in comprehensively advancing the process of Chinese-style modernization. We must focus on the central task of comprehensively promoting the great rejuvenation of the Chinese nation through Chinese-style modernization, and continue to deepen reform, not only unswervingly expand, but also resolutely strengthen and improve, and give full play to the leading role and strategic support of the state-owned economy.

 

We will deeply understand the importance of deepening and upgrading the reform of state-owned enterprises from responding to the great changes in the world that have not been seen in a century. At present, the world has entered a new period of turbulence and change. It is undergoing major adjustment, differentiation and restructuring. Factors of uncertainty, instability and uncertainty are on the rise, and China's development is still unbalanced and inadequate. Most of the state-owned enterprises are distributed in important industries and key areas that are related to national security and the lifeblood of the national economy, and are key variables for realizing the national strategic intent and responding to changes in the external environment and major risks and challenges. We must continue to deepen reform, give better play to the functions of strategic security, industrial leadership, national economy and people's livelihood, and public services, and respond to the uncertainties of the external environment with our high-quality development.

 

From creating a new situation in the reform and development of state-owned assets and state-owned enterprises, we will deeply understand the importance of deepening and upgrading the reform of state-owned enterprises. Major achievements have been made in the reform and development of soes through the three-year campaign to reform them. However, some institutional drawbacks that have long hindered their development have yet to be completely removed. Some soes are still too big but not strong, their return on assets is not high, and their innovation capacity is insufficient. We must continue to deepen reform, focus on key areas, strengthen weaknesses, and strengthen the strength of soes, improve their governance and core competitiveness, and promote their high-quality development.

 

2.firmly grasp the direction and objectives of the deepening and upgrading of state-owned enterprise reform

 

General Secretary Jinping Xi stressed that our reform and opening up has a direction, a position and principles. The organic connection between the deepening and upgrading actions of the reform of state-owned enterprises and the three-year reform actions, keeping pace with The Times, maintaining integrity and innovation, not only fully reflects the strategic determination of road confidence, theoretical confidence, institutional confidence, and cultural confidence, but also fully reflects the strategic initiative to adapt to changes in the situation and tasks. To implement the actions to deepen and upgrade the reform of state-owned enterprises, we must grasp the overall situation, grasp the key fundamentals, and ensure the right direction.

 

It has always been the primary task to study and implement the important discussion of General Secretary Jinping Xi on the reform and development of state-owned enterprises and party building. General Secretary Jinping Xi's important discussion on the reform and development of state-owned enterprises and Party building is the fundamental follow and scientific guide for the work of state-owned enterprises in the new era and the new journey. The most fundamental thing to implement the deepening and upgrading of the reform of state-owned enterprises is to carry out the important discussion spirit of the General Secretary of Jinping Xi throughout and implement it in place. We must take learning and implementing the important discussion spirit of the General secretary of Jinping Xi as the primary task, consciously combine learning and knowledge, think and trust, and organically unify use and practice. Firmly and consciously be a loyal practitioner of Jinping Xi thought on socialism with Chinese characteristics for a new era.

 

We will unswervingly adhere to the major principles of state-owned enterprise reform. Making state-owned capital and state-owned enterprises stronger, better and bigger is the General Secretary of Jinping Xi's consistent goal requirements for state-owned enterprises in the new era. To carry out the actions to deepen and upgrade the reform of state-owned enterprises, we must adhere to and make good use of the valuable experience accumulated in the three years of reform, adhere to and strengthen the Party's leadership over state-owned enterprises, adhere to and improve the basic socialist economic system, and adhere to the direction of socialist market economy reform, and at no time should there be the slightest deviation.

 

Always anchor the "three obvious results" of the goal and task of gathering strength. Starting from the new mission and new task entrusted by the new journey of the new era and focusing on improving the core competitiveness of enterprises and enhancing their core functions, the reform of state-owned enterprises is proposed to achieve "three obvious results", that is, to achieve obvious results in enhancing the function of state-owned enterprises in serving the national strategy, and to achieve obvious results in promoting state-owned enterprises to truly operate according to the market mechanism. Remarkable results have been achieved in accelerating the construction of world-class enterprises and cultivating specialized and special new enterprises. These "three obvious effects" are interrelated, mutually supporting and interacting, reflecting the organic unity of economic attributes, political attributes and social attributes, reflecting the effective integration of mission orientation, efficiency orientation and results orientation, and reflecting the interconnection of internal requirements and external needs, which must be comprehensively grasped, promoted and fully implemented.

 

3.focus on functional reforms to better serve the national strategy

 

Promoting state-owned enterprises to give full play to the role of scientific and technological innovation, industrial control, and security support in the construction of a modern industrial system and a new development pattern is a clear direction for the deepening and upgrading of state-owned enterprises. We must focus on what is important to the country, focus on what the country needs, give priority to giving full play to the value of strategic functions, highlight key points, take comprehensive measures, and make all-round efforts.

 

Improve the scientific and technological innovation mechanism, better service to achieve a high level of scientific and technological self-reliance. Self-reliance in science and technology is not only a matter of development, but also a matter of survival. As an important part of national strategic science and technology power, state-owned enterprises must accurately grasp their strategic positioning in the overall situation of China's science and technology innovation, strengthen their dominant position in science and technology innovation, and enhance their leading power in science and technology innovation and global competitiveness. It is necessary to highlight the strategic orientation, strengthen the inherent and long-term value, improve the policy system and institutional arrangements for state-owned enterprises to create original technology sources, and strengthen basic, urgent, cutting-edge and disruptive technology research. We will strengthen the deep integration of industry, universities and research institutes led by enterprises, take the lead in or participate in the construction of national innovation platforms such as national laboratories and national key laboratories, and strengthen in-depth cooperation with innovation entities such as research institutes and universities. Actively open up innovation resources, provide technological traction and transformation support, actively carry out the first equipment (sets), the first batch of secondary materials, the first version of software applications, and promote the transformation of scientific and technological achievements. We will actively participate in the construction of a high-level talent highland and a platform for attracting and gathering talents, and accelerate the building of a national strategic talent force for scientific and technological innovation.

 

We will optimize the distribution of the state-owned economy and better promote the construction of a modern industrial system. The modern industrial system is the material and technological foundation of a modern country. As the main force in building a modern industrial system, state-owned enterprises must stick to the foundation of the real economy, actively lay out new industrial tracks, vigorously cultivate new growth drivers, and accelerate the formation of an independent, controllable, safe, reliable, and competitive modern industrial system. We will make greater efforts to develop forward-looking strategic emerging industries, increase investment in next-generation information technology, artificial intelligence, biotechnology, new energy, new materials, high-end equipment, green environmental protection and other industries, and strengthen weaknesses in integrated circuits, industrial mother-machines, and key software. Give full play to the supporting and driving role of state-owned leading enterprises in the smooth circulation of the industrial chain, launch the action of integrating and developing the common chain of the industrial chain, and promote the foundation of the solid chain, the technology of the chain, the optimization of the plastic chain, and the integration of the strong chain. We will promote the deep integration of digital technologies with enterprise production, operation and management, intensify research and development and promotion of green and low-carbon technologies, and promote the transformation and upgrading of traditional industries into digital, intelligent and green.

 

We will strengthen guarantees in key areas to better support national strategic security. Security is a prerequisite for development. As an important cornerstone of safeguarding national strategic security, state-owned enterprises must take safeguarding industrial chain supply chain and energy and resource security as a major mission and responsibility, and promote the further concentration of state-owned capital in areas related to national security, the lifeblood of the national economy and the people's livelihood. We should strengthen the distribution of key areas, strengthen the control position of the state-owned economy in national defense, military industry, energy and resources, and food supply through market-based methods, and increase the effective supply of public services in the areas of people's livelihood such as medical and health care, health and elderly care, disaster prevention and mitigation, and emergency support. We will strengthen the role of important energy resources in supporting the bottom, strengthen domestic exploration and development of important energy and mineral resources, increase storage and production, diversify imports of oil and gas resources, and improve control over transport routes. We will strengthen the development of key infrastructure, increase investment in the development of new infrastructure, and maintain the security of energy, transportation, communications and other basic networks.

 

4. we will strive to create new modern state-owned enterprises with new development models, new corporate governance, new operating mechanisms, and new layout structures

 

The continuous deepening of the reform of state-owned enterprises has formed a strong potential energy for promoting reform. This "potential" is valuable and provides a solid foundation for continuing to deepen reform. On the basis of consolidating and deepening the achievements of the three-year campaign to reform state-owned enterprises, we must build on the momentum to deepen institutional reform and promote the operation of state-owned enterprises in accordance with the market mechanism.

 

We will deepen reform to optimize resource allocation and intensify market-oriented integration and restructuring. We will continue to take enterprises as the main body and turn them into market-oriented means, highlight their main business, focus on industry, pay more attention to becoming stronger and specialized, promote the integration and reorganization of state-owned enterprises, advance in an orderly manner, improve their quality and efficiency, and enhance their ability to serve national strategies on the whole. We will improve the dynamic management system for the main business, guide enterprises to strengthen their main business, and resolutely curb the tendency of some state-owned enterprises to blindly diversify and spread projects. We will accelerate the integration and reorganization of key areas such as integrated circuits, industrial machines, equipment manufacturing, electronic information, medical care, and health care, and inspection and testing; intensify specialized integration in new energy, mineral resources, main pipe networks, and ports and terminals; and promote the rational flow and optimal allocation of state capital.

 

We will deepen reform to enhance vitality and efficiency, and further improve modern corporate governance and market-oriented operation mechanisms of state-owned enterprises with Chinese characteristics. Vitality and efficiency are central issues in the reform of state-owned enterprises. It is necessary to fully implement the "two and one consistent", improve the modern enterprise system with Chinese characteristics, give full play to the leading role of the Party committee (Party group) of state-owned enterprises in the direction, management of the overall situation, and ensure the implementation of the party committee (Party group), hierarchical and dynamic optimization of the party committee (Party group) pre-research and discussion of major management matters list, improve the "three and one" decision-making mechanism, complete and build a strong board of directors, We will strengthen the construction of the ranks of outside directors and improve the corporate governance of state-owned enterprises. Further implement the three institutional reforms, comprehensively build a new business responsibility system under the modern enterprise system with Chinese characteristics, improve a more accurate, flexible, standardized and efficient income distribution mechanism, and stimulate the enthusiasm and creativity of cadres and employees at all levels to start businesses.

 

We will deepen reform by focusing on improving regulatory services and further improve the regulatory system for state assets that focuses on managing capital. The reform of state-owned enterprises must first strengthen supervision and prevent the loss of state-owned assets, and if this article is not done well, other reforms of state-owned enterprises are difficult to achieve the expected results. We must adhere to the combination of authorization and supervision, and the unification of decentralization and management, deepen classified reform, promote classified assessment and enterprise functions and missions more accurately, and better link the supervision of state-owned assets with corporate governance, and improve the supervision system of state-owned assets based on capital management. We will deepen classified assessment and accounting, improve the functional definition and classification guidelines of state-owned enterprises, optimize assessment methods, and implement "one business, one policy, one enterprise, one policy" assessment in central enterprises. Improve the intra-party supervision as the leading, investor supervision and discipline inspection supervision, inspection supervision, audit supervision, financial supervision, social supervision and other supervision coordination mechanism, strengthen the internal supervision of enterprises. We will improve the management of the list of rights and responsibilities, dynamically optimize authorization matters, and build a digital and intelligent supervision system that is connected from top to bottom and online in real time, so as to make the supervision of state-owned assets more scientific, targeted and effective.

 

5. Comprehensively strengthen Party leadership and Party building in state-owned enterprises in the course of deepening reform

 

Adhering to the Party's leadership and strengthening the party's construction are the "root" and "soul" of state-owned enterprises. To implement the deepening and upgrading of the reform of state-owned enterprises, we must deeply study and implement the important ideas of General Secretary Jinping Xi on Party building, implement the general requirements of Party building in the new era, comprehensively strengthen the leadership and party building in the reform, and effectively play the leading and guaranteeing role of high-quality party building.

 

We will improve the system and mechanism for the Party to lead state-owned enterprises. The leadership of the Party is the glorious tradition and unique advantage of state-owned enterprises in China. It is necessary to adhere to and improve the various systems that firmly safeguard the authority of the CPC Central Committee and the centralized and unified leadership, strengthen the political and organizational functions of party organizations in state-owned enterprises, and ensure that the decisions and arrangements of the CPC Central Committee are fully implemented and consistently implemented at all levels of enterprises. We will adhere to and improve the assessment of the responsibility system for Party building, and promote the simultaneous implementation and effective linkage of the assessment of the responsibility system for Party building, the assessment of business performance, and the comprehensive evaluation of leading officials. Improve the mechanism for the role of grass-roots Party organizations at different levels and types, and strengthen the guidance for party building in mixed-ownership enterprises in a targeted manner.

 

Build a team of high-quality and professional leaders of state-owned enterprises. The leaders of state-owned enterprises are the backbone of the party in the economic field and the important source of compound talents in governance. In accordance with the requirements of "party loyalty, courage to innovate, enterprise governance, enterprise success, clean and honest", adhere to both strict management and care, establish a gradient training mechanism for state-owned enterprise leaders, increase education and training, improve the assessment and evaluation system, and promote "the competent, the good award, the mediocre, the poor." Vigorously promote entrepreneurship, establish and improve the effective mechanism for leading personnel of state-owned enterprises in the new era to do business, and promote them to be good explorers, organizers, and leaders of innovative development.

 

We will resolutely implement the requirements for comprehensively and strictly governing the Party. We will exercise strict governance over the Party, and make no special or exception for state-owned enterprises. It is necessary to strengthen the consciousness of managing the Party and improving the system of comprehensively and strictly governing the Party. In a strict tone, strengthen the positive wind and discipline, strengthen the supervision of the "first leader", persevere in implementing the spirit of the eight provisions of the Central Committee, seize the "key minority" above the rate, and continue to deepen the correction of the "four winds". We will strengthen special rectification efforts in key areas, resolutely crack down on corruption in areas and positions where power is concentrated, capital is intensive, and resources are abundant. We will continue to carry out special rectification efforts by enterprises to eat enterprises, and intensify efforts to control transnational corruption, so as to promote corruption in one place.

 

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