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Deepen The Reform Of Property Rights Of State-owned Enterprises To Achieve Investment Diversification

Posted on:2005-02-20Degree:MasterType:Thesis
Country:ChinaCandidate:M L SunFull Text:PDF
GTID:2206360122492611Subject:Economics
Abstract/Summary:PDF Full Text Request
The Third Plenary Session of the 16th CPC Central committee outlines the major tasks to further improve the market economy to build a well-off society. Continued efforts should be made to consolidate the dominant position of the public economy.The decision called for actively promoting the diversified forms of public ownership , and speeding up adjustments of the layout andcomposition of the public economic forces.Alony with the deeping of economic restructuring and the continuous development of economic socialization and marketization , it is an unavoidable trend that various types of funds mix together in shareholding, making public and non-public captitals seep into each other in the modern corporate system.To reform the state-owned property management system itself also means to further make clear the state-owned property right, and enable investors to hold equity as shareholds. It explicitly advocates the development of the joint-stock system and mixed ownership of the economy, allowing the amalgamation of public and non-public capital.Since the start of reform and opening up, individual and private economies have grown fast. Now the non-public economy, which includes individual, private and foreign-funded sectors, is an important component of China' s national economy and its rapid development is a conspicuous phenomenon. The related laws and regulations have been improved. At the present stage, we should change our old concepts and think of the ways of the state-owned assets' reform.The state-owned assets is to make further efforts to establish and perfect the management and supervision system of state-owned assefs, to promote modern corporate management mechanism, A modern corporate management mechanism with standardized rights and liabilities taken by varions boards of shareholders, directors, inspectors and managers, should be set up in state-owned enterprises.The assets should recognize the problems that may come forth, and actively take measures to solve them.
Keywords/Search Tags:mixed ownership, property multiplex, joint-stock system, modern corporate management mechanism
PDF Full Text Request
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