Hidden investment opportunities in the local two sessions The reform of state-owned enterprises was piloted

China Coatings Network
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as of January 30, 28 provinces have held provincial local "two sessions." According to provincial government work reports, reform and innovation, environmental protection, reform of state-owned enterprises, the Belt and Road has become the focus of attention in 2015.
reform and innovation into a local "two sessions" hot word as of January 30, in addition to Guangdong, Jilin, Hainan, the remaining 28 provinces have held two provincial and local meetings. Compared with real GDP growth in 2014, Hebei, Shanxi, Inner Mongolia, Liaoning, Heilongjiang, Fujian, Yunnan and Shaanxi increased slightly, while 17 provinces, including Beijing and Tianjin, explicitly lowered their GDP growth targets for this year, and Shanghai even eliminated their GDP growth targets. From the content point of view, emphasizing reform and innovation and improving people's livelihood has become the "new normal" of the local two sessions in 2015. Beijing, Tianjin, Shanghai and other municipalities directly under the Central Government to "reform and innovation" as one of the "two sessions" hot spots. Among them, Beijing to build a "high-sophisticated" economic structure as the core task, and actively cultivate new advantages in the development of high-end industries, accelerate a new generation of information technology, biology, new materials, aerospace, high-end equipment manufacturing innovation and development. Tianjin actively implements the "Beijing-Tianjin-Hebei National Strategy for Coordinated Development" and leads the transformation and development through innovation. Speed up the cultivation of science and technology-based enterprises, focus on promoting transportation, ecological and environmental protection and other key areas to take the lead in breakthrough, the future science and technology city, Beijing-Tianjin Industrial New City and other 12 to undertake platforms to speed up construction. Shanghai emphasizes deepening reform and opening-up, and strives to foster a culture of innovation, with science and technology innovation as its core, and enhances its ability to allocation global innovation resources. The construction of the FTZ is a bright spot of the "new normal". Last year, the first anniversary of the operation of the Shanghai Free Trade Zone, on the basis of summing up its experience and achievements, this year relying on the existing new zones, parks, in Guangdong, Tianjin, Fujian specific areas to set up three more free trade parks. In addition, under the influence of national strategies such as "Belt and Road" and "Changjiang Economic Belt", Chongqing, Wuhan and Xi'an have the comparative advantage of being selected in the third batch of FTZ list. The reform of state-owned enterprises piloted the reform of state-owned enterprises is also one of the key points of the 2015 local "two sessions". Overall, the focus of the reform of state-owned enterprises is to develop a mixed ownership economy, encourage cross-shareholding of state-owned and non-state-owned capital, and promote the diversified development of equity. At present, the reform of local state-owned enterprises has made some breakthroughs, Jiangxi, Gansu, Hunan, Beijing and other provinces and cities have carried out the pilot work of the reform of state-owned enterprises, the reform measures will be specific to enterprise groups. Jiangxi provincial government this year will focus on Jiang Copper, New Steel, Provincial Salt Industry Group and other reform pilot, accelerate the strategic restructuring of Jiang Tungsten, Jiang medium, promote the provincial tender group, Zhongjiang International mixed ownership reform, complete the provincial energy group, building materials group system reform. Gansu provincial government work report proposed that the solid promotion of wine and steel and other five enterprises reform pilot. The Hunan provincial government will promote the establishment of state-owned capital operating platform, enterprise reorganization and integration, mixed ownership of economic development, separation of social functions of enterprises and other pilot work. Beijing has launched a pilot project on the classification supervision, classification assessment and standardized construction of the board of directors of state-owned enterprises, and in 2015 will introduce plans and supporting policies for the reform of state-owned state-owned enterprises in the city, promote the cooperative development of municipal enterprises and high-tech enterprises of the central enterprises and Zhongguancun, improve the corporate governance structure and improve the securitization rate of state-owned capital. Shanghai, Zhejiang, Hebei and other places have launched substantive policies on the construction of state-owned investment and operation platforms. Xu Yibo, director of the Shanghai State-owned Assets Supervision and Administration Commission, said that the main form of shanghai's development of mixed ownership was the development of public companies to promote the overall listing of group companies and the listing of core assets. At the end of last year, Shanghai International Group Co., Ltd. and Shanghai Guosheng (Group) Co., Ltd. have completed vertical integration and horizontal integration in accordance with the positioning. Chongqing adheres to the principle of capital management, focuses on the integration of resources, strengthens the supervision of the classification of state-owned assets, and promotes the piloting of state-owned capital operating companies and investment companies. Hebei will also promote the pilot of state-owned capital operating companies and investment companies this year, speeding up the listing of core assets of state-owned enterprises in the province and the overall listing. Environmental protection has become an important issue from the work reports of local governments, environmental pollution control has also become a major focus of the 2015 local two sessions, mainly focused on the control of air pollution. Beijing, Tianjin, Jiangsu and other provinces and cities have formulated corresponding policy plans for environmental pollution. Among them, the Beijing Municipal Government's "Beijing Regulations on the Prevention and Control of Air Pollution", for the first time, the implementation of a regulation as a special work to the Municipal People's Congress to report. The Interim Measures for The Awarded Reporting of Environmental Violations in Tianjin City, formulated by the Tianjin Municipal Government, will come into effect on January 15, and the public may report environmental violations. Jiangsu Province proposed to limit the license plate of motor vehicles to control air pollution, strengthen the management of food and beverage barbecue and other management and control of life pollution, and increase the punishment of pollution sources. Zhejiang will be the first thing to do with people's livelihood, the complete elimination of the transformation of small coal-fired boilers, the basic elimination of yellow standard vehicles, improve coal-fired machine technology, equivalent city built areas of steel, petrochemical, chemical, non-ferrous metal smelting, cement, flat glass and other atmospheric heavy pollution enterprises to carry out relocation and transformation, to promote industrial projects to the park concentration. In addition, at the local "two sessions", "Belt and Road" has become an important work of local governments, such as Shaanxi, Guizhou and other places have expressed their active efforts to build the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and to incorporate policies related to it into local governance objectives.