Breakthroughs have been made in key areas and key links, achieving dual harvests of reform and efficiency

This year marks the end of the three-year reform of state-owned enterprises. Data shows that the completion rate of the reform work ledger of central enterprises and various regions has exceeded 98%.
The Political Bureau meeting of the Central Committee of the Communist Party of China held at the end of July pointed out the need to continue implementing the three-year action plan for state-owned enterprise reform. This is not only a full affirmation of the achievements made in the three-year action of state-owned enterprise reform, but also a fervent expectation and encouragement for high-quality completion of the three-year action tasks. "Weng Jieming, Deputy Director of the Office of the State owned Enterprise Reform Leading Group of the State Council and Deputy Director of the State owned Assets Supervision and Administration Commission, stated that we must fully tackle the difficulties, ensure that the three-year action is completed on schedule, and ensure that the reform results can withstand historical and practical tests.




  • The main task is basically completed

At present, the 129 key tasks of the three-year reform of state-owned enterprises in Anhui Province have been basically completed, injecting strong momentum into the development of state-owned enterprises. "Li Zhong, Director of the Anhui Provincial State owned Assets Supervision and Administration Commission, spoke with data.
In order to promote technological innovation in state-owned enterprises, Anhui Province has implemented "four plus and one minus" incentive measures such as cost rebates, assessment bonus points, talent salary increases, equity holdings, and innovation tolerance. During the 13th Five Year Plan period, the R&D investment of Anhui provincial enterprises increased by 16.8% annually, and since last year, it has maintained a growth rate of over 25% for 19 consecutive months.
The three-year action plan for state-owned enterprise reform is a specific construction drawing for implementing the "1+N" policy system and top-level design of state-owned enterprise reform from 2020 to 2022. It is measurable, assessable, verifiable, and must be done. The relevant parties have made unprecedented efforts to promote the reform of state-owned enterprises, continuously achieving breakthroughs in key areas and links.
To enhance the vitality and efficiency of state-owned enterprises, we must seize the "bull nose" of deepening the reform of the three systems of labor, personnel, and distribution. Starting from the group headquarters in the second half of 2016, China First Heavy Industries has reduced the number of middle-level and above leadership cadres in the company from 320 to 106 through the promotion of leadership team competition and internal market-oriented selection of professional managers. After the competition, the number of on-the-job employees decreased from 10962 to 8626.
Shandong Heavy Industry has deepened the mechanism of "cadres can go up and down, employees can go in and out, and salaries can be increased or decreased", implemented hard recruitment, signed individual performance evaluation indicators at all levels, and comprehensively constructed a differentiated salary distribution system of "performance oriented+precise assessment+rigid fulfillment". According to innovation orientation and value orientation, corresponding incremental incentive mechanisms are classified and set up, and some personnel in the same position have income differences of more than four times.
After efforts, decisive progress was made in the three-year reform of state-owned enterprises in the first half of this year. The main task of the three-year action plan for central enterprise reform has been basically completed, and the dividends of reform have been continuously released. Data shows that in the first half of the year, central enterprises achieved a year-on-year increase of 12% in operating revenue, a year-on-year increase of 6.1% in net profit, and a year-on-year increase of 14.4% in accumulated taxes and fees paid.
The State owned Assets Supervision and Administration Commission of the State Council recently stressed that it is necessary to make greater efforts to solidly promote the quality, efficiency, stable growth and high-quality development of state-owned central enterprises, continue to implement the three-year action of state-owned enterprise reform, ensure high-quality closure, unswervingly become stronger and better become a big country with capital and state-owned enterprises, better play the role of strategic support of the state-owned economy, and make greater contributions to consolidating the trend of economic recovery and maintaining the economic operation within a reasonable range.
2、 Still need to make up for weaknesses and strengths
The three-year action of state-owned enterprise reform has entered a critical period of decisive victory, and it is particularly necessary to strengthen the evaluation of the effectiveness of the reform, sort out the prominent shortcomings and weaknesses, and promote targeted solutions one by one.
From online data, the completion rate of the reform work ledger of central enterprises and various regions has exceeded 98%. Especially since the beginning of this year, central enterprises and various regions have gradually shifted their focus from focusing on reform progress to improving quality and seeking practical results, and promoted new achievements in the three-year action. However, it must be soberly recognized that there are still outstanding problems in the reform, such as imbalance, insufficient penetration into the grassroots frontline, some key reform tasks that are not fully realized, and the quality and effectiveness of the reform still need to be improved. Some units have a tendency to "arrive" and relax, and the direction of the next step of improvement is unclear.
If these problems cannot be solved well, it will be difficult to deliver satisfactory answers for the three-year action. "Weng Jieming emphasized that half of those who travel a hundred miles need to effectively enhance the sense of urgency and pertinence of filling the weak and strong areas, targeted, targeted, and accelerated solutions.
In July of this year, the Office of the State owned Enterprise Reform Leading Group of the State Council issued a notice on matters related to the high-quality closure of the three-year action on state-owned enterprise reform. At the beginning of September, a special promotion meeting was held to emphasize the focus on five major tasks: corporate governance, the "Three Capabilities" mechanism, resource optimization allocation, listed companies, and state-owned asset supervision, and to further accurately, dynamically, and efficiently promote the work of supplementing weak and weak areas.
According to the relevant deployment, the tasks related to the "Three Capabilities" mechanism should focus on universal activation, and promote the normalized operation of the "Three Capabilities" mechanism at all levels by consolidating the achievements of the "headquarters institutionalization" special governance, rigid implementation of assessment results, and strengthening precise incentives for scientific and technological innovation talents; The tasks related to resource optimization and allocation should focus on core competitiveness, and strive to take new steps in cultivating world-class enterprises and specialized and innovative enterprises; The reform tasks related to listed companies should focus on demonstration and leadership, optimize equity structure, increase authorization and decentralization efforts, promote listed companies to become pioneers and models of market-oriented operating mechanisms, and promote the deep transformation of operating mechanisms for mixed ownership enterprises.
3、 Ensure high-quality closure
"In the closing stage, the remaining weak points are all 'hard bones'." Wang Cuijun, general manager of China Resources, said that China Resources is taking a combination of comprehensive measures and targeted attack to strengthen its efforts. It was reported that by the end of July, the 62 reform tasks of China Resources had been basically completed, but the enterprise believed that there were still weaknesses and shortcomings in the industrial mix, scientific and technological innovation and other aspects, and the foundation to support sustainable high-quality development was not yet solid. To this end, China Resources continues to strengthen structural optimization and scientific and technological innovation, promote resource allocation to focus on the main responsibility and strategic emerging industries, focus on key regions, create an industry portfolio with sustainable competitiveness, continue to improve the scientific and technological innovation management system, and accelerate the construction of original technology source and modern industrial chain length.
Hebei Province has basically completed the main task of the three-year action and is currently conducting a "look back" campaign. Li Guang, Deputy Director of the State owned Assets Supervision and Administration Commission of Hebei Province, stated that efforts should be made to align with the effectiveness orientation of the "three obvious achievements", highlighting the emphasis on the word "practical". In the next step, we will actively promote the establishment and improvement of medium - and long-term incentive distribution mechanisms for "double hundred enterprises", "science and technology reform demonstration enterprises", and technology-based enterprises.
Liu Xingguo, a researcher at the Research Department of China Enterprise Alliance, believes that state-owned enterprises should cherish the hard-earned reform achievements and seize the opportunity to accelerate the pace of high-quality development. Especially, it is necessary to implement the central government's requirement of "allowing state-owned enterprises to dare to work", firmly win the battle of reform, and implement the goal of building a world-class enterprise and promoting high-quality development of the state-owned economy in the reform.
Li Jin, a researcher at the China State owned Economy Research Center of Jilin University, predicted that by the end of this year, state-owned enterprises will achieve both reform and efficiency, and central enterprises will show greater achievements in building world-class enterprises.