at the fourth plenary session of the 19th cpc central committee, it was proposed that we uphold and improve the basic socialist economic system and promote high-quality economic development. the plenum pointed out the direction of china's economic development in the future stage. at present, china's socialist market economic system is maturing, the economic information daily, reporter interview of experts and scholars believe that the future to promote the development of enterprises of different ownership fusion, let the "efficient market" and "promising government" pay equal attention to and improve the scientific and technological innovation system mechanism, to achieve the goal of the construction of modern economic system.
soes and private enterprises will deepen integrated development
at present, while creating a level playing field for private enterprises, with the deepening of the reform of state-owned enterprises, the integrated development of state-owned enterprises and private enterprises is entering a new stage.
on october 28, gree electric appliances announced that gree group sent a letter to the company informing it that zhuhai mingjun investment partnership (limited partnership) was the final transferee after the review committee conducted a comprehensive review of the two intended transferees participating in this public solicitation. industry insiders pointed out that gree's mixed reform has a symbolic significance. the transformation of competitive state-owned assets from sole proprietorship to absolute holding, then to relative holding, and finally to non-holding reflected the original intention of "from managed enterprise to managed capital" reform and stimulated the vitality of micro-market subjects.
at present, the reform of state-owned enterprises is entering a critical stage. in the reform of state-owned enterprises, mixed ownership reform is the most important. recently, the state-owned assets supervision and administration commission of the state council issued the "guidelines on the operation of mixed-ownership reform for central enterprises" to standardize the operation process of mixed-ownership reform and clearly promote the reform of mixed-ownership through marketization. the central enterprises should give full play to the decisive role of market in resource allocation.
liu xingguo, a researcher with the research department of the china enterprise federation, said that both state-owned enterprises and private enterprises are important forces in the development of the national economy. the integrated development of the two is not only the practical need for stable growth at present, but also the inevitable requirement for the sustained and stable development of the national economy, the realization of the two centennial goals and the improvement of the international competitiveness of the industry. state-owned enterprises and private enterprises can, he thought, deepening integration development from three different aspects: one is the level of the industry integration, mainly according to their respective advantages in the development of the industry division of labor cooperation, state-owned enterprises can be appropriate exit some does not have the competitive advantage of the competitive fields, increase the spillover effects of strategic importance, high industry investment. the second is to carry out deep integration at the capital level, including encouraging private enterprises to actively participate in the mixed reform of state-owned enterprises, as well as encouraging state-owned enterprises to actively participate in the reform of private enterprises' equity diversification, so as to form a good situation in which state-owned capital and private capital jointly invest and develop and share the development results. the third is to conduct deep integration at the business level, that is, in the process of specific business operation, eliminate or weaken the difference in enterprise ownership, break down the ownership barriers of business cooperation, realize the division of labor and cooperation between state-owned enterprises and private enterprises in the industrial chain, and promote common development through business cooperation.
while promoting the integrated development of enterprises of different ownership, in recent years, the central government has paid special attention to breaking all kinds of "rolling door", "glass door" and "revolving door" to create a level playing field for private enterprises in terms of market access, examination and approval, operation and operation, bidding and tendering, and civil-military integration. a recent symposium of economic experts and business leaders stressed that greater breakthroughs should be made in implementing the regulations on improving the business environment and removing hidden barriers for businesses to invest. we will strengthen support for the real economy, especially small, micro, and private enterprises, and boost market confidence.
both "efficient markets" and "effective government" are important
on the basis of several rounds of institutional reform, china has focused on properly handling the relationship between "efficient market" and "viable government", continuously intensified the transformation of government functions, and constantly pushed forward the modernization of the country's governance system and governance capacity. by now, the number of items subject to administrative examination and approval by departments under the state council has been cut by more than 40 percent, the number of types of industrial production licenses has been cut by more than a third, more than 1,000 items of administrative fees collected by central and provincial governments have been canceled, reduced or exempted, and the time taken to register real estate for business establishment has been cut by more than 50 percent. china has jumped 15 places from last year to 31 in the world bank's latest ranking of the world's most improved economies for the second year in a row.
looking ahead, this reform will continue to deepen. xiong yuan, chief macro analyst of guosheng securities, believes that to give full play to the decisive role of the market in resource allocation, further marketization should be carried out at the price end in the future, involving interest rate, exchange rate and other aspects, so as to truly reflect the demand for funds. in some industries with relatively strong resource endowment in the past, it is necessary to accelerate the pace of market-oriented reform and break down the industry access barriers. in terms of factor pricing in the financial market, the capital market and other aspects should be further strengthened to let the market play a greater role. we will give better play to the role of the government, make it clear that the government should not interfere too much in the operation of the market, play a good role of regulator, create a better business environment for business operations, and provide complete infrastructure for market operations.
we will promote high-quality development through innovation
to comprehensively deepen the reform of the scientific and technological system, improve the efficiency of the innovation system and stimulate the vitality of innovation are pressing issues facing china's economic development. bai jinfu, executive director of china society of policy science, pointed out on the yuyuantan innovation bbs held a few days ago that one of the priorities of the national governance system and governance modernization goals is to improve the system and mechanism of scientific and technological innovation. to fully implement the spirit of the fourth plenary session of the cpc central committee, we need to accelerate the establishment of a scientific and technological innovation governance system featuring diverse participation and collaborative innovation. we should change the thinking of "management" to "governance", and let the innovation subjects participate in the governance of scientific and technological innovation instead of simply taking it as the object of financial management, so as to further improve the scientific research management system and policies in line with the laws of scientific research. more emphasis should be placed on creating an environment conducive to the development of one's potential and intelligence.
in september this year, the ministry of science and technology issued the guideline on promoting the development of new r&d institutions, proposing to implement the innovation-driven development strategy, promote the healthy and orderly development of new r&d institutions, and improve the overall efficiency of the national innovation system. to promote the development of new research and development institutions, we should highlight institutional innovation, strengthen policy guidance and guarantee, attach importance to both incentives and constraints, and mobilize the participation of all sectors of society, the document said. we will further optimize the distribution of research resources, strengthen the supply of industrial technology, promote the transfer and transformation of scientific and technological achievements, and promote the deep integration of scientific and technological innovation with economic and social development by developing new research and development institutions.
financial securities research institute of wuhan university of science and technology deng-xin dong said that the future quite a period of time, the economic transformation and industrial upgrading is still the focus of the chinese economy, accompanied by the old and new transformation of kinetic energy, science and technology driven will lead the industry to upgrade, the future state is expected to more use of policy means to science and technology enterprises, encourage enterprises to increase investment in innovation and research and development. in this respect, equity financing and debt financing are important means of support. as far as the capital market is concerned, kechuang board and gem will undertake a significant historical mission, and the reform of gem is expected to make greater breakthroughs. through the reform of the technology innovation board and the growth enterprise board, we will be able to "combine the two swords" and build a world-class enterprise with global competitiveness driven by technology.
source: economic information daily