On The Party's Leadership And The Innovation Of The Governance Of State-owned Enterprises

In China,the leadership of the Party is closely linked with the development of state-owned enterprises.Starting from the planned economy era,state-owned enterprises have implemented the factory director responsibility system under the leadership of Party organizations.After the reform and opening up,the Party and the state have repeatedly emphasized that Party organizations play their political leadership role by participating in the decision-making of important matters of state-owned enterprises.Through the analysis of laws,regulations and inner-party provisions such as "Party Constitution of the Communist Party of China","Company Law","Opinions on Further Promoting State-owned Enterprises to Implement the Decision-making System of"Three Aspects and One Significance","Opinions on Adhering to the Party's Leadership in the Reform of State-owned Enterprises and Strengthening the Party's Construction",it is found that adherence to Party' The basic principles that remain unchanged in the process of reform and development of state-owned enterprises in China.To develop state-owned enterprises,we must adhere to the Party's unshakable political leadership over state-owned enterprises.General Secretary Xi Jinping emphasized once again at the National Conference on Party Construction of State-owned Enterprises that the greatest feature of the modern state-owned enterprise system with Chinese characteristics is to adhere to the Party's unshakable leadership and to adhere to the participation of Party organizations in corporate governance of state-owned enterprises.Adhering to the Party's leadership over state-owned enterprises is an important principle for the reform and development of state-owned enterprises in China,which must be consistently followed.The leadership of the Party is compatible with the governance of state-owned enterprises.Strengthening and improving the leadership of the Party can realize the organic integration of the Party organization of state-owned enterprises and the governance structure of modern enterprises.The leadership of the Party is compatible with the governance structure of solely state-owned enterprises,solely state-owned companies,state-owned holding companies and state-owned shareholding companies.Instead of destroying,the governance structure of the company has been improved.At present,there are still some problems and obstacles for the leadership of the Party to participate in the governance of state-owned enterprises,including the lack of legalconfirmation of the main qualifications and nature of the Party organizations,the lack of supporting legal provisions for the participation of the Party organizations in the governance of state-owned enterprises,and the obstacles in the way of the participation of the Party organizations in the governance of state-owned enterprises.In order to overcome these problems and obstacles and strengthen the leadership of the Party in the governance of state-owned enterprises,we should confirm the main qualifications and terms of reference of the Party organizations participating in the corporate governance of state-owned enterprises by law,amend the Company Law to strengthen the leadership of the Party in the corporate governance of state-owned enterprises,and take the form of the participation of the Party organizations in the corporate governance of state-owned enterprises.The governance structure of state-owned enterprises should be innovated by means of writing the articles of association of the company and improving the ways for Party organizations to participate in corporate governance.