China News Service, October 23. According to the website of the National Development and Reform Commission, six departments including the National Development and Reform Commission and the Ministry of Science and Technology recently issued the "Implementation Opinions on Supporting Private Enterprises in Accelerating Reform, Development, and Transformation and Upgrade" (hereinafter referred to as the "Implementation Opinions").
The "Implementation Opinions" clarified that it encourages private enterprises with conditional joint-stock systems to go public and trade on the stock market.
The "Implementation Opinions" mentioned that qualified private enterprises are encouraged to optimize their property rights structure.
Encourage private enterprises to build a modern corporate property right structure, strictly distinguish corporate legal person property from individual business owners and family property, separate shareholder ownership and company legal person property rights, and clarify the shareholding ratio of each shareholder of the enterprise.
Encourage private enterprises to promote equity diversification, and promote the transformation of private enterprise natural person property rights to legal person property rights systems.
Encourage qualified joint-stock private enterprises to go public and listed for trading.
The "Implementation Opinions" also mentioned that private enterprises are encouraged to participate in the reform of mixed ownership.
Intensify the reform of mixed ownership of state-owned enterprises, and deepen the reform of mixed ownership in key areas.
Encourage private enterprises to participate in the restructuring and reorganization of state-owned enterprises, joint ventures, and mixed ownership reforms through capital contribution, equity acquisition, convertible bond subscription, and equity swaps, so as to promote the effective integration of upstream and downstream industries and internal production factors of enterprises.
The "Implementation Opinions" are clear and guide private enterprises to establish a standardized corporate governance structure.
Guide enterprises in accordance with the Company Law and relevant laws and regulations to form a decision-making and execution supervision system with clear powers and responsibilities, coordinated operations, and effective checks and balances, improve market-oriented and standardized operating mechanisms, and establish and improve enterprises focusing on quality, brand, safety, environmental protection, and finance Internal management system.
Actively promote private enterprises to strengthen the construction of party organizations and trade union organizations, and workers’ congress systems, strengthen internal supervision of enterprises, and enhance corporate cohesion.