China News Service, Beijing, March 30 (Reporter Zhou Rui) Weng Jieming, deputy director of the State-owned Assets Supervision and Administration Commission of the State Council of China, introduced in Beijing on the 30th that China's regional state-owned and state-owned enterprises comprehensive reform experiment has made positive progress.

  The regional comprehensive reform experiment of state-owned assets and state-owned enterprises is a major special project for the reform of state-owned enterprises in China, and it is also an important reform task for the three-year reform of state-owned enterprises.

  In July 2019, Shanghai and Shenzhen became the first batch of comprehensive reform pilot areas. At the same time, Shenyang was selected to carry out special work on reforms of key areas and key links of state-owned state-owned enterprises.

  Weng Jieming said that at present, this reform work has achieved remarkable results in improving the system, optimizing the structure, and stimulating vitality.

At the same time, it has also promoted the development of the non-public economy, realizing mutual benefit, win-win and common development of different ownership economies.

  The first is to create a model for promoting a more mature and finalized state-owned asset regulatory system based on capital management.

For example, Shanghai implements "direct supervision + entrusted supervision + guidance supervision", directly supervising corporate assets, revenue, and profits accounting for more than 90%; building three platform companies for finance, operation and investment, initially forming a "1+3+N" "State-owned regulatory framework.

  Second, it has set an example in promoting the structural adjustment of the state-owned economy and the optimal allocation of state-owned capital.

For example, Shenzhen has basically formed a “one body and two wings” state-owned capital structure centered on the Guangdong-Hong Kong-Macao Greater Bay Area and the first demonstration zone, based on the city's state-owned service function, with infrastructure and public utilities as the main body, and finance and strategic emerging industries as the two wings.

Shenyang has accelerated the basic resolution of historical problems, promoted the reform of large-scale factory management, completed the socialized management of state-owned enterprise retirees, and achieved the basic clearing of "zombie enterprises".

  The third is to improve the market-oriented operation mechanism and stimulate the vitality of micro-subjects.

Based on the different functional classifications of municipal enterprises, Shanghai has carried out the reform of the salary system for professional managers, “one person, one contract” clarifies rights and obligations, performance goals, and perfects a differentiated salary distribution system.

Shenzhen uses the smart state-owned asset performance management system to conduct a "digital portrait" of the leaders of state-owned enterprises and explore the establishment of a market-based compensation system.

  Fourth, it has played an important role in promoting win-win cooperation and coordinated development between the state-owned economy and the private economy. Shanghai focuses on the implementation of an open market-oriented joint reorganization of industrial chains, value chains, and various ownership enterprises, effectively leveraging the advantages of both state-owned enterprise management norms and flexible private enterprise mechanisms. Special relief funds are set up to alleviate the shortage of capital liquidity of private enterprises. Shenzhen accurately grasps the differentiated positioning of state-owned enterprises and private enterprises, focuses on optimizing basic urban services, improving the innovation ecosystem, and supporting the development of private economic innovation industries. The State-owned Assets System takes the lead in implementing the plan to support the development of the private economy, setting up a 100 billion-scale stable development fund to help stabilize the industrial chain and supply chain. (Finish)