| The reform of the state-owned enterprises is an old and challenging issue This paper is aimed at two problems of the state-owned enterprises in China--the micro- problem is their obscured property right and low efficiency, and the macro-problem is its over extensiveness This paper makes the fundamental contradiction of public ownership as micro-analysis?logical starting point, and expounds the mechanism of how this contradiction leads to their low efficiency in detail, thus enforces and deepens the discussion of the inevitability of the reform of the state-owned enterprises In the course of discussion, this paper induces two psychological phenomena existed in reality and names them ne One Thousand and Two Hundred Million Psychological Phenomenon and tated -owned Private property Psychological Phenomenon?As one of the new ideas of this paper, these two phenomena provide strong demonstration for the reform of the state-owned enterprises The first section of this paper expounds that the property right reform of the state- owned enterprises should be carried out and the modem corporation mechanism should be set up in the light of the micro-problem But it is obvious that only this section is not enough, because the property right reform alone can resolve the macro-problem existed in the state-owned enterprises So, there is necessity for this paper to discuss how to resolve the problems in the light of the drawbacks of the state-owned enterprises, such as their over extensiveness, too large in scale, whereas low large-scale This paper holds that the state-owned economy should withdraw from the general competitive realms in regard to the macro-problem, for the reason that the state-owned enterprises should be considered as a kind of special enterprises which shoulder special social duties and donnm at profits After clarifying this, the realms which the state-owned enterprises should entry or should not entry can be defined at last Afterdeepening the necessity that the state-owned enterprises withdraw from the general competitive realms, this paper discusses that how the state-owned enterprises withdraw from the general competitive realms It includes the obstacles in the course of withdrawing, the ways to resolve them, the different characteristics which these ways that can be selected on the security market, such as auction and annexation, the problems that will emerge in the ? course of withdrawing and the way to resolve them Thus, the withdrawing mechanism of the state-owned enterprises constitutes the main section of this paper The two sections of this paper are related and complemented to each other Firstly, one of the necessary outcomes of the reform of property right is the state-owned enterprises?one of the circumstances of the reform It can be said that the withdrawing 1 Fls the necessary contlnulty of the dlscusslon of the first sectlon Secondly, theexplanatlon of the property-rlght-refOrm ls the theoretlcal foundatlon of the secondsectlon The only dlscusslon of the property rlght refOlm wlthout dlscusslng thewlthdrawlng makes 1tself nonsense Yet, the only dlscusslon of wlthdraw1ng wlthoutdlscusslng the theoletlcal foundatlon of the property-rlght- reform mokes lt not soconvlnclble Th1rdly, the second sectlon ls the ma1n body and focus of thls paPerThe structure of thls paper ls dlvlded lnto fiv... |