Recently, Xinhua News Agency broadcasted the full text of Premier Li Keqiang’s speech at the State Council’s Fifth Anti-Corruption Work Conference. Among them, on further strengthening the supervision of state-owned assets and state-owned enterprises, Li Keqiang pointed out, “State-owned assets are the common wealth of all people, and strong measures must be taken to strengthen the While state-owned enterprises are vigorous, prevent the loss of state-owned assets.” In this regard, experts pointed out that in the context of the in-depth advancement of state-owned enterprises and state-owned assets reforms and the speeding up of state-owned enterprises’ “going to sea”, the issue of state-owned assets loss should not be ignored. The loss of state-owned assets in the process of “going out”.
State-owned enterprise reforms continue to deepen
This year, the reform of state-owned enterprises and assets will be further promoted. Ji Xiaonan, Chairman of the Board of Supervisors of State-owned Key Large-scale Enterprises of the State Council, said that the current and future focus of the reform of state-owned enterprises is to attach great importance to the breakthrough effect of mixed ownership reform on the reform of state-owned enterprises. Improving the modern enterprise system is the focus of deepening the reform of state-owned enterprises. Deepening the reform of state-owned enterprises plays an important traction role.
Recently, there has been new progress in the reform of mixed ownership of state-owned enterprises. A few days ago, China Unicom announced that the parent company Unicom Group is planning and promoting major issues related to the reform of mixed ownership. After the announcement, the market’s enthusiasm for the mixed reform of state-owned enterprises was “ignited” again.
In addition to the advancement of the mixed reform, there have been many breakthroughs in the reform of state-owned enterprises and assets since the beginning of this year. Experts pointed out that many state-owned enterprise boards have begun to directly select general managers and deputy general managers to promote the improvement of the corporate governance structure of the company. This year, the reorganization of central enterprises has been further advanced, and some companies have announced their planned strategic reorganization, and the total number of central enterprises will be reduced to less than 100 within this year. In addition, the number of pilot projects for state-owned capital investment and operation companies has increased to 10.
In an interview with our reporter, Ju Jinwen, a researcher at the Institute of Economics of the Chinese Academy of Social Sciences, pointed out that it can be seen that this round of state-owned enterprise reforms is steadily advancing, and has achieved remarkable results in promoting state-owned enterprises to lose weight and improve their quality and efficiency. This will help promote reforms to achieve substantive progress in important areas and key links as soon as possible.
Strictly prevent the loss of state-owned assets
"It needs to be pointed out that in the process of advancing the reform of state-owned enterprises and assets, on the one hand, we must take multiple measures to speed up the reform; on the other hand, we must stabilize our pace to prevent the loss of state-owned assets." Ju Jinwen said that before, we were in state-owned enterprises. The state-owned assets reform has experienced a lot of pain in the loss of state-owned assets. Behaviors such as damaging public fortune and embezzling state-owned assets have not only affected the progress of the reform, but also damaged the common wealth of the people, and must be guarded against.
Li Keqiang pointed out that it is necessary to strictly prevent favoritism in the restructuring and restructuring of state-owned enterprises. It is necessary to standardize the implementation of the "three important and one large" decision-making system, give full play to the role of the party organization as a gatekeeper in reorganization and restructuring, strengthen daily management, integrate supervisory forces, and form a combined supervisory force. It is necessary to combine capital management with supervision of people, strictly reorganize and restructure the operation process, strictly supervise key links, strictly prevent and control the integrity risks of key departments and key positions, and resolutely prevent the sale of state assets, illegal transactions, and Disciplinary and illegal acts such as the transfer of benefits are never allowed to put state-owned assets into "private pockets."
In fact, in terms of strengthening supervision, relevant policies and measures are constantly being improved. A few days ago, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued opinions requesting the deepening of state-owned enterprises and state-owned assets audit supervision. The opinion emphasizes that full coverage of the performance of economic responsibilities by state-owned enterprises, state-owned capital and state-owned enterprise leaders should be audited, and no blind spots should be left; lawful disclosure of violations of discipline and law such as power for personal gain, trading of power and money, negligence of duty, corruption, bribery, and insider trading.
Strengthen overseas investment supervision
To prevent the loss of state-owned assets, overseas investment by state-owned enterprises cannot be ignored. Experts pointed out that, at present, state-owned enterprises are "going to sea" at an ever-increasing pace and expanding in scale. At present, there are 9112 corporate legal persons of central SOEs carrying out investment operations in approximately 185 countries and regions. The "Outbound Investment and Risk Blue Book" issued by the Chinese Academy of Credit and Social Sciences on April 10 pointed out that China's foreign direct investment has grown rapidly in the past two years. From the perspective of investors, the overseas assets of central enterprises constitute the main body of the "overseas China" stock. .
Li Keqiang pointed out that in recent years, state-owned enterprises have gained momentum in "going out", but there have also been phenomena such as illegal decision-making and illegal operation, and some even colluded internally and externally for personal gain and malicious transfer of assets. State-owned assets are not "Tang monk meat" that can be slaughtered by others. State-owned enterprises and state-owned assets must go out and supervision must follow it out in time to resolutely prevent enterprises from becoming "wild horses" after going out.
Ju Jinwen said: “It is necessary and very important to highlight the prevention of asset loss in the overseas investment and operation of state-owned enterprises. In the face of challenges such as the relatively difficult and high cost of supervision of state-owned enterprises after the “going out” of state-owned enterprises, relevant regulatory measures need to be continuously improved. For investment decision-making, the supervisory department must do a good job of auditing and checking; clarify the responsible entities of state-owned enterprises' overseas investments and improve the accountability system; strengthen auditing and supervision to promote the normalization of supervision of enterprises' overseas investment operations; at the same time, strengthen the party building of overseas institutions."