Study Of State-owned Capital Of Smes Exit Strategy

The resolution about reform and development of state-owned enterprises passed in the Forth plenary of the fifteenth Central committee put forward an important and strategic proposal of "seizing large enterprises and releasing middle-small ones", and pointed out the direction or the reform and development of state-owned enterprises."Seizing large enterprises" is to strengthen the large state-owned enterprises which are of vital important to the nation's economy and the people's livelihood;" releasing middle-small ones" is to stimulate several middle-small sized state-owned enterprises. Moreover, the crux of releasing middle-small ones exists in withdrawing state capital from the enterprises methodically.This article made a monographic study of the ways of withdrawing the state capital from the enterprises.It firstly stated the importance of the withdrawal and looked back on the course of withdrawal, secondly, introduced the main ways of the withdrawal of state capital and the assessment of state property and lastly pointed out three ways of the withdrawal of the state capital: bankruptcy and liquidation stock transform and withdrawing partly and methodically.It also stated some matching measure and advice with the withdrawal.