The merger and reorganization of state-owned enterprises and private enterprises will not set restrictions and encourage the promotion of state-owned enterprises' listing

On October 12 , the State Council Information Office held a regular policy briefing of the State Council.

On October 12 , the State Council Information Office held a regular policy briefing of the State Council.

The reporter learned from the briefing that the key tasks of the three-year action for the reform of state-owned enterprises include improving the modern enterprise system with Chinese characteristics, advancing the optimization and structural adjustment of the state-owned economy, actively and steadily deepening the reform of mixed ownership, improving the market-oriented operating mechanism, and forming a capital-based management system.

Weng Jieming said that in the three-year reform of state-owned enterprises, it was clearly proposed to promote the listing of state-owned enterprises and various reforms around listing.

The State-owned Assets Supervision and Administration Commission will promote state-owned enterprises to vigorously develop the real economy around their main responsibilities, promote the deployment of state-owned enterprises in the industrial chain, key links of the supply chain, and mid-to-high-end areas, and guide and promote more central enterprises to invest in 5G , industrial Internet, and labor.

Eight months ago the central enterprises to introduce various types of social capital of more than 1700 Eight months ago the central enterprises to introduce various types of social capital of more than 1700 YiBillion

According to the statistics of the State-owned Assets Supervision and Administration Commission, since 2013 , state-owned enterprises have promoted 4,000 mixed reforms , and introduced various types of social capital of more than 1.

According to the statistics of the State-owned Assets Supervision and Administration Commission, since 2013 , state-owned enterprises have promoted 4,000 mixed reforms , and introduced various types of social capital of more than 1.

At the same time, through the cooperation of industrial chain and supply chain, the central enterprises have coordinated development with the vast number of private enterprises and small and medium-sized enterprises.

Weng Jieming said that the SASAC has been actively promoting the reform of mixed ownership of enterprises in fully competitive industries and fields, and has also explored the reform of mixed ownership in important fields such as electric power, telecommunications, military industry, and civil aviation in an orderly manner.

He also emphasized that mixed ownership reform is an important part of the reform of state-owned enterprises, but it is not all.

Encourage state-controlled listed companies to introduce 5% share ratio Encourage state-controlled listed companies to introduce strategic investors with a share ratio of 5% and aboveAnd above strategic investors

"SOE reform three-year action plan (2020-2022 years ) ", the proposed mixed ownership should actively and steadily deepening the reform.

"SOE reform three-year action plan (2020-2022 years ) ", the proposed mixed ownership should actively and steadily deepening the reform.

In this regard, Weng Jieming said that the SASAC will actively and steadily advance the arrangements for the next step of the mixed reform work in accordance with the requirements of "independence is appropriate, control is appropriate, and participation is appropriate.

Specifically, first, stratify and categorize to promote reforms.

Second, rationally design and optimize the shareholding structure.

Third, deepen the transformation of the operating mechanism.

Fourth, we must take the mixed ownership reform as the starting point, and continuously deepen cooperation with private enterprises and small and medium-sized enterprises in the industrial chain and supply chain to form a situation of mutual integration and common development.

Fifth, we must always adhere to the party's leadership in party building.
It must be done where the mixed reform is carried out, and where the party building must be covered.

Fifth, we must always adhere to the party's leadership in party building.
It must be done where the mixed reform is carried out, and where the party building must be covered.

Weng Jieming said that advancing the mixed reform work and avoiding the loss of state-owned assets is the bottom line, stimulating vitality and improving efficiency is the specific path.

Weng Jieming said that advancing the mixed reform work and avoiding the loss of state-owned assets is the bottom line, stimulating vitality and improving efficiency is the specific path.

At this press conference, the SASAC also recommended 21 cases of mixed reform of state-owned enterprises to the media , including: Aerospace Science and Technology promoted the injection of Rainbow UAV related assets into private listed company Nanyang Technology, and Hefei Jianghang introduced state-owned military industrial enterprises and local military industrial enterprises.
Established core shareholding with private enterprises.
Hikvision, a subsidiary of China Electronics Technology, introduced external private capital and realized employee shareholding.
China Electronics acquired Beijing Qi’anxin Technology Co.
, Ltd.
, and Global Healthcare introduced CITIC Capital and Jubaolong through capital increase.
As a strategic investor, SINOMACH said that China Electrical Equipment Institute introduced Chint Electric by means of capital increase and share expansion.
Taimeng Group acquired 51% equity of Baosteel Gas , a subsidiary of China Baowu, and Ouye Yunshang, a subsidiary of China Baowu, introduced Shougang Fund, GLP, and Jianshe.
Six strategic investors and employee shareholding platforms including Trust Trust and Mitsui & Co.
, China Eastern Logistics introduced strategic and financial investors such as Legend Holdings, GLP, Debon Logistics and Greenland Group, and the strategy of Sinochem Modern Agriculture Co.
, Ltd.
, a subsidiary of Sinochem Group.
Invested in Quanyin Hi-Tech, SDIC Hi-tech introduced strategic investors such as OCT Capital, ICBC Investment, Agricultural Bank of China Investment, National Reform Double Hundred Fund, etc.

At this press conference, the SASAC also recommended 21 cases of mixed reform of state-owned enterprises to the media , including: Aerospace Science and Technology promoted the injection of Rainbow UAV related assets into private listed company Nanyang Technology, and Hefei Jianghang introduced state-owned military industrial enterprises and local military industrial enterprises.
Established core shareholding with private enterprises.
Hikvision, a subsidiary of China Electronics Technology, introduced external private capital and realized employee shareholding.
China Electronics acquired Beijing Qi’anxin Technology Co.
, Ltd.
, and Global Healthcare introduced CITIC Capital and Jubaolong through capital increase.
As a strategic investor, SINOMACH said that China Electrical Equipment Institute introduced Chint Electric by means of capital increase and share expansion.
Taimeng Group acquired 51% equity of Baosteel Gas , a subsidiary of China Baowu, and Ouye Yunshang, a subsidiary of China Baowu, introduced Shougang Fund, GLP, and Jianshe.
Six strategic investors and employee shareholding platforms including Trust Trust and Mitsui & Co.
, China Eastern Logistics introduced strategic and financial investors such as Legend Holdings, GLP, Debon Logistics and Greenland Group, and the strategy of Sinochem Modern Agriculture Co.
, Ltd.
, a subsidiary of Sinochem Group.
Invested in Quanyin Hi-Tech, SDIC Hi-tech introduced strategic investors such as OCT Capital, ICBC Investment, Agricultural Bank of China Investment, National Reform Double Hundred Fund, etc.

Support state-owned enterprises and private enterprises mergers and acquisitions do not set limits

Support state-owned enterprises and private enterprises mergers and acquisitions support the merger and reorganization of state-owned enterprises and private enterprises are not handicappingUnlimited

On September 27 , the national state-owned enterprise reform three-year action mobilization deployment video conference proposed that state-owned enterprises and private enterprises should cooperate with each other to promote mergers and acquisitions and strategic combinations.
There is a view in the market that this formulation will break the boundaries between mergers and acquisitions and strategic integration of Chinese enterprises and private enterprises.

On September 27 , the national state-owned enterprise reform three-year action mobilization deployment video conference proposed that state-owned enterprises and private enterprises should cooperate with each other to promote mergers and acquisitions and strategic combinations.
There is a view in the market that this formulation will break the boundaries between mergers and acquisitions and strategic integration of Chinese enterprises and private enterprises.

In this regard, Weng Jieming said that the SASAC has never set boundaries in the merger and reorganization and professional integration of state-owned and private enterprises.
The State-owned Assets Supervision and Administration Commission naturally supports the merger and reorganization of state-owned enterprises and private enterprises, as well as the merger and reorganization between central enterprises and central enterprises, and the merger and reorganization of central enterprises and local state-owned enterprises.

In this regard, Weng Jieming said that the SASAC has never set boundaries in the merger and reorganization and professional integration of state-owned and private enterprises.
The State-owned Assets Supervision and Administration Commission naturally supports the merger and reorganization of state-owned enterprises and private enterprises, as well as the merger and reorganization between central enterprises and central enterprises, and the merger and reorganization of central enterprises and local state-owned enterprises.

"The key point is to grasp the principle of seeking truth from facts.
As long as mergers and reorganizations can enhance the competitiveness of enterprises, avoid disorderly competition among enterprises, and can better enhance the concentration of the industry, of course this must be moderate and improve the enterprise's competitiveness.
International competitiveness, we will do the corresponding support.
" Weng Jieming said.

"The key point is to grasp the principle of seeking truth from facts.
As long as mergers and reorganizations can enhance the competitiveness of enterprises, avoid disorderly competition among enterprises, and can better enhance the concentration of the industry, of course this must be moderate and improve the enterprise's competitiveness.
International competitiveness, we will do the corresponding support.
" Weng Jieming said.

Recently, the State Council issued the "Opinions on Further Improving the Quality of Listed Companies", which clearly pointed out that the pilot enterprises of mixed reform should be encouraged to go public, and state-owned enterprises should be supported to carry out mixed ownership reforms relying on the capital market.

Recently, the State Council issued the "Opinions on Further Improving the Quality of Listed Companies", which clearly pointed out that the pilot enterprises of mixed reform should be encouraged to go public, and state-owned enterprises should be supported to carry out mixed ownership reforms relying on the capital market.

Weng Jieming said that there are more than 1,000 state-controlled listed companies at all levels , accounting for about 26% of the A- share market , and about 32% of the market value .
During the three-year reform of state-owned enterprises, it was clearly proposed to promote the listing of state-owned enterprises and various reforms around listing.
Although there is no specific indicator for the asset securitization rate, this direction is beyond doubt.
We will carry out equity reforms in continuous cooperation with various ownership systems to carry out various innovations to promote the listing of companies.

Weng Jieming said that there are more than 1,000 state-controlled listed companies at all levels , accounting for about 26% of the A- share market , and about 32% of the market value .
During the three-year reform of state-owned enterprises, it was clearly proposed to promote the listing of state-owned enterprises and various reforms around listing.
Although there is no specific indicator for the asset securitization rate, this direction is beyond doubt.
We will carry out equity reforms in continuous cooperation with various ownership systems to carry out various innovations to promote the listing of companies.

Form a new industrial ecosystem and financial operation model

Form a new industrial ecosystem and financial operation modelForm a new industrial ecosystem and financial operation model

Promoting the optimization and structural adjustment of the state-owned economy is the main task of industry upgrading and innovation breakthroughs at the meso level, and it is also the key goal of deepening the reform of state-owned enterprises at the micro level.

Promoting the optimization and structural adjustment of the state-owned economy is the main task of industry upgrading and innovation breakthroughs at the meso level, and it is also the key goal of deepening the reform of state-owned enterprises at the micro level.

Weng Jieming once again emphasized that to further promote the optimization and structural adjustment of state-owned capital, it is necessary to promote state-owned enterprises to vigorously develop the real economy around their main responsibilities and main businesses, so that state-owned capital advances and retreats.

Weng Jieming once again emphasized that to further promote the optimization and structural adjustment of state-owned capital, it is necessary to promote state-owned enterprises to vigorously develop the real economy around their main responsibilities and main businesses, so that state-owned capital advances and retreats.

"We have a clear goal, which is to promote the concentration of state-owned capital in important industries that are related to national security and the lifeline of the national economy, to industries that are related to the national economy and people's livelihood, emergency capacity building, and public welfare, and to strategic emerging industries.
" Weng Jemin said.

"We have a clear goal, which is to promote the concentration of state-owned capital in important industries that are related to national security and the lifeline of the national economy, to industries that are related to the national economy and people's livelihood, emergency capacity building, and public welfare, and to strategic emerging industries.
" Weng Jemin said.

In terms of improving the stability and competitiveness of the industrial chain and supply chain, Weng Jieming said that to promote the adjustment of the industrial structure is mainly to promote the deployment of state-owned enterprises in the key links of the industrial chain and the supply chain and in the high-end areas.
At the same time, state-owned enterprises should be encouraged to strengthen cooperation with private enterprises, scientific research institutes, and local state-owned enterprises to form a new industrial ecosystem in which leading enterprises play an important role and other enterprises can effectively interact.
At the same time, a new mechanism for financial services to the real economy should be established.
, To explore new and effective financial operation modes in the entire industry chain and supply chain to enhance the effect of industry-finance integration.

In terms of improving the stability and competitiveness of the industrial chain and supply chain, Weng Jieming said that to promote the adjustment of the industrial structure is mainly to promote the deployment of state-owned enterprises in the key links of the industrial chain and the supply chain and in the high-end areas.
At the same time, state-owned enterprises should be encouraged to strengthen cooperation with private enterprises, scientific research institutes, and local state-owned enterprises to form a new industrial ecosystem in which leading enterprises play an important role and other enterprises can effectively interact.
At the same time, a new mechanism for financial services to the real economy should be established.
, To explore new and effective financial operation modes in the entire industry chain and supply chain to enhance the effect of industry-finance integration.

In addition, focusing on major national strategies such as the coordinated development of Beijing-Tianjin-Hebei, the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and the integrated development of the Yangtze River Delta, central enterprises and local state-owned enterprises are encouraged to establish a good mechanism for central-local cooperation.
Guide and promote central enterprises to invest more in the construction of new infrastructure such as 5G , industrial Internet, artificial intelligence, and data centers, promote the in-depth integration of a new generation of information technology and industry, and promote the digital and intelligent transformation of central enterprises and local state-owned enterprises.
A series of methods have cultivated a group of world-class enterprises with global competitiveness.

In addition, focusing on major national strategies such as the coordinated development of Beijing-Tianjin-Hebei, the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and the integrated development of the Yangtze River Delta, central enterprises and local state-owned enterprises are encouraged to establish a good mechanism for central-local cooperation.
Guide and promote central enterprises to invest more in the construction of new infrastructure such as 5G , industrial Internet, artificial intelligence, and data centers, promote the in-depth integration of a new generation of information technology and industry, and promote the digital and intelligent transformation of central enterprises and local state-owned enterprises.
A series of methods have cultivated a group of world-class enterprises with global competitiveness.

Strive to achieve an average R&D investment of more than 5% in key central enterprises in 2022

And strive to 2022 and strive to 2022 in the central rate of key enterprises average R & D investment of 5% of the central rate of key enterprises average R & D investment of 5% or morethe above

The State-owned Assets Supervision and Administration Commission attaches great importance to the technological innovation of central enterprises, and has established the Science and Technology Innovation Bureau, and actively guides central enterprises to increase investment in technological innovation from the setting of assessment indicators.
In 2019 , the R&D investment of central enterprises reached 819 billion yuan, a year-on-year increase of 17.
5% .

The State-owned Assets Supervision and Administration Commission attaches great importance to the technological innovation of central enterprises, and has established the Science and Technology Innovation Bureau, and actively guides central enterprises to increase investment in technological innovation from the setting of assessment indicators.
In 2019 , the R&D investment of central enterprises reached 819 billion yuan, a year-on-year increase of 17.
5% .

Peng Huagang said that the next step will be to further improve the return mechanism of R&D investment benefits, further increase the weight of science and technology indicators, increase the bonus of science and technology rewards in the assessment, and promote the steady growth of state-owned enterprises' R&D investment intensity.
Strive to achieve an average R&D investment intensity of more than 5% for key central enterprises by 2022 .

Peng Huagang said that the next step will be to further improve the return mechanism of R&D investment benefits, further increase the weight of science and technology indicators, increase the bonus of science and technology rewards in the assessment, and promote the steady growth of state-owned enterprises' R&D investment intensity.
Strive to achieve an average R&D investment intensity of more than 5% for key central enterprises by 2022 .

Further play the role of transformation enterprises of scientific research institutes, encourage state-owned enterprises to establish a number of high-level innovation consortia, industrial technology innovation alliances, and public R&D platforms, create a high-level "double innovation" platform, and promote the development of large and medium-sized enterprises.
It is necessary to accelerate the integration and application of innovative technologies such as 5G , artificial intelligence, industrial Internet, Internet of Things, big data, and blockchain with the physical industry, and accelerate the transformation and upgrading of digital, networked, and intelligent state-owned enterprises.

Further play the role of transformation enterprises of scientific research institutes, encourage state-owned enterprises to establish a number of high-level innovation consortia, industrial technology innovation alliances, and public R&D platforms, create a high-level "double innovation" platform, and promote the development of large and medium-sized enterprises.
It is necessary to accelerate the integration and application of innovative technologies such as 5G , artificial intelligence, industrial Internet, Internet of Things, big data, and blockchain with the physical industry, and accelerate the transformation and upgrading of digital, networked, and intelligent state-owned enterprises.

In addition, the State-owned Assets Supervision and Administration Commission will continue to improve systems and mechanisms that are conducive to innovation.
The SASAC will actively perform the responsibilities of investors, formulate and improve a series of policies and measures, and fully support the technological innovation of central enterprises.

In addition, the State-owned Assets Supervision and Administration Commission will continue to improve systems and mechanisms that are conducive to innovation.
The SASAC will actively perform the responsibilities of investors, formulate and improve a series of policies and measures, and fully support the technological innovation of central enterprises.