(Transformed fromwind financial terminal)

hong kong's wando news agency reported that,On September 27, the fourth meeting of the State Council's State-owned Enterprise Reform Leading Group and the National State-owned Enterprise Reform Three-Year Action Mobilization and Deployment Video and Telephone Conference were held in Beijing. Liu He, member of the Political Bureau of the CPC Central Committee, Vice Premier of the State Council, and leader of the State-owned Enterprise Reform Leading Group of the State Council attended the meeting and delivered a speech. State Councilor and deputy leader of the State-owned Enterprise Reform Leading Group of the State Council Wang Yong presided over the meeting.

The meeting pointed out that General Secretary Xi Jinping attaches great importance to the reform of state-owned enterprises and has made important instructions and instructions many times, which must be thoroughly studied and implemented. The three-year action of state-owned enterprise reform is to implement the reform of state-owned enterprises in the next three years.The specific construction drawings of the "1 N" policy system and top-level design are measurable, assessable, testable and necessary. Doing this work well is of great significance to strengthening, optimizing and expanding the state-owned economy, enhancing the vitality of state-owned enterprises, improving efficiency, and accelerating the construction of a new development pattern.

The meeting called for the implementation of three-year actions to form a more mature and stereotyped modern enterprise system with Chinese characteristics and a state-owned assets supervision system based on capital management, promote the optimization and structural adjustment of the state-owned economy, and improve the vitality and efficiency of state-owned enterprises. Obvious results have been achieved. First, state-owned enterprises should become market players with core competitiveness. First of all, state-owned enterprises must give full play to their economic functions, create market value, and better serve the party and the people. It is necessary to strengthen the leadership of the party, implement the functions and powers of the board of directors, improve the market-oriented operation mechanism, and actively and steadily deepen the reform of mixed ownership. The second is to play a greater role in innovation leadership. Innovation determines fate, hard power smooth circulation. It is necessary to take innovation as a breakthrough, carry out bold and full incentives, and make greater achievements in tackling key core technologies, introducing high-end talents, and transforming and applying scientific research achievements. The third is to play a leading role in improving the level of the industrial chain supply chain. State-owned enterprises should play a leading role and important influence on the healthy development of private enterprises. Promote the formation of a better market structure according to the concentration requirements of different industries. State-owned enterprises and private enterprises should cooperate with each other to promote mergers and reorganizations and strategic combinations. Central enterprises should resolutely compress the management level and prevent and control all kinds of risks. Fourth, we should play a special role in safeguarding people's livelihood and dealing with major challenges. It is necessary to promote state-owned capital to play a greater role in key areas related to the national economy and people's livelihood, such as the provision of public services, emergency capacity building, and public welfare, and make institutional arrangements. For state-owned enterprises to undertake public welfare business, to carry out classification accounting and classification assessment. Establish and improve the subsidy system in line with international practice. Fifth, it should play a fundamental role in safeguarding national economic security. We must persist in advancing and retreating, doing something and not doing something, and promote the concentration of state-owned capital in important industries and key areas that are related to national security and the lifeline of the national economy, so that state-owned enterprises can truly play a supporting role in resisting macro risks.

The meeting stressed that it is necessary to strengthen the implementation of departmental responsibilities, establish a responsibility system, give full play to local enthusiasm and creative implementation of the plan, give full play to the entrepreneurial role of the heads of state-owned enterprises, and promote the reform of state-owned enterprises to achieve practical results.