Over the past 40 years of reform and opening up, the reform and development of state-owned enterprises has gone through an extraordinary journey. A modern state-owned enterprise system with Chinese characteristics has been gradually established, the layout of the state-owned economy has been continuously optimized, and the innovation capabilities and market competitiveness of state-owned enterprises have been continuously enhanced. Especially since the 18th National Congress of the Communist Party of China, the Party Central Committee with Comrade Xi Jinping as the core has promoted the reform and development of state-owned enterprises with unprecedented determination and intensity, strengthened and improved party building in state-owned enterprises, and led state-owned enterprises into a new development stage. The overall strength of state-owned enterprises continues to increase, the management and operation mechanism continues to improve, the layout structure is significantly optimized, the operational quality is significantly improved, innovative results continue to emerge, operating performance is significantly improved, party building is significantly strengthened, and they play an increasingly important role in China's economic and social development. the more important role.

The new era takes on new missions, and the new journey calls for new actions. In the report of the 19th National Congress of the Communist Party of China, General Secretary Xi Jinping made a series of major arrangements for the reform and development of state-owned enterprises and party building work, providing guidance for us to unswervingly improve state-owned enterprises and unswervingly make state-owned capital stronger, better and bigger in the new era. provided the direction of progress and provided fundamental guidance. State-owned assets supervision and administration agencies at all levels and state-owned enterprises must thoroughly study and implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 19th National Congress of the Communist Party of China, and in accordance with the requirements of high-quality development, comprehensively deepen the reform of state-owned enterprises, comprehensively promote innovative development, and comprehensively expand Open to the outside world, accelerate the cultivation of a group of world-class enterprises with global competitiveness, and bravely shoulder new missions, demonstrate new achievements, and make new contributions in promoting economic and social development.

1. Deepen reforms, break new ground, continuously enhance vitality and improve efficiency

General Secretary Xi Jinping attaches great importance to the reform of state-owned enterprises and has delivered many important speeches, clarifying the major principles for deepening the reform of state-owned enterprises. He pointed out that promoting the reform of state-owned enterprises must focus on problems, adhere to the liberation and development of social productivity as the standard, and adhere to the principle of government and enterprise reform. Separation, separation of government and capital, focusing on enhancing corporate vitality and improving efficiency, and improving the core competitiveness of state-owned enterprises. State-owned assets supervision and administration agencies at all levels and the majority of state-owned enterprises must thoroughly study and implement General Secretary Xi Jinping’s important exposition on the reform of state-owned enterprises, adhere to the leadership of the party, strengthen party building, accelerate reforms in key areas and key links, and strive to break the constraints of state-owned enterprises. institutional barriers to development.

Accelerate the pace of building a modern state-owned enterprise system with Chinese characteristics. The "special" feature of the modern state-owned enterprise system with Chinese characteristics is that it integrates the party's leadership into all aspects of corporate governance and embeds the enterprise's party organization into the corporate governance structure. It is necessary to thoroughly implement the two "consistency", adhere to the unity of the party's leadership and improve corporate governance, further clarify the legal status of the party organization in the corporate governance structure, ensure that the party organization controls the direction, manages the overall situation, and ensures implementation, and its leadership role is fully fulfilled play. Comprehensively promote the standardization of the board of directors, optimize the composition and structure of the board of directors, standardize the rules of procedure of the board of directors, strictly manage the selection and performance of directors, and enhance the decision-making ability and overall function of the board of directors. Strengthen the implementation of the board of directors' authority system and give full play to the board of directors' functions in exercising major decision-making, selecting and employing personnel, and remuneration distribution in accordance with the law.

Accelerate the pace of improving market-oriented operating mechanisms. Establishing a flexible and efficient market-oriented operating mechanism and continuously stimulating the internal vitality and development momentum of state-owned enterprises are the core and key to the reform of state-owned enterprises. It is necessary to manage managers according to market rules, implement a professional manager system, and smooth the channels for the identity transformation between corporate managers and professional managers, so that positions can be promoted or demoted, personnel can be moved in and out, and income can be increased or decreased. Actively promote equity diversification and mixed ownership reform, organically combine the introduction of various types of capital and transformation of operating mechanisms, and actively explore governance mechanisms and supervision models that are different from those of wholly state-owned companies. Improve the long-term incentive and restraint mechanism, establish and improve a differentiated salary distribution system that matches the selection method, the functional nature of the enterprise, and is linked to operating performance, and mobilize the enthusiasm, initiative, and creativity of all types of talent officers in state-owned enterprises to start their own businesses.

Accelerate the pace of structural adjustment and optimization of the state-owned economy. Adjusting and optimizing the layout and structure of the state-owned economy is an urgent need to improve the overall function and efficiency of the state-owned economy. It is also an intrinsic requirement to improve the core competitiveness of state-owned enterprises and enhance the vitality of the state-owned economy. We must focus on serving the national strategy, solidly promote strategic restructuring, and further promote the concentration of state-owned capital in important industries and key areas related to national security, the lifeline of the national economy, and the national economy and people's livelihood. Unswervingly focus on industry, highlight the main business, formulate strategic development goals around the main business, promote the concentration of technology, talent, capital and other resources into the main business, and continuously enhance the profitability and market competitiveness of the core business. Actively carry out professional integration, continue to promote the integration of resources in coal, steel, offshore equipment, environmental protection and other fields, and promote the optimization and upgrading of related industries. Speed ​​up the disposal of inefficient and ineffective assets, do a good job in resolving excess production capacity and "dealing with deadlocks and difficulties", effectively solve problems left over from history, and continuously improve the efficiency of state-owned capital allocation.

Accelerate the pace of improving the state-owned assets management system. Improving the state-owned assets management system is an important institutional guarantee for deepening the reform of state-owned enterprises and promoting high-quality development of state-owned enterprises. In accordance with the requirements of strengthening the supervision of state-owned assets with a focus on capital management, we must continue to further promote the transformation of the functions of state-owned assets supervision and management agencies, accurately grasp the positioning of investor responsibilities, and further clarify the regulatory boundaries. Reform the state-owned capital authorized operation system, expand the pilot projects of state-owned capital investment and operating companies, grant enterprises more complete operating autonomy, and strive to improve the efficiency and level of state-owned capital operation. Innovate supervision methods and means, build a real-time online state-owned assets supervision and management platform, establish systematic, scientific and effective supervision standards and institutional systems, integrate supervision resources, form supervisory synergy, and effectively improve the efficiency of state-owned assets supervision and management. Focus on overall, strategic, and forward-looking issues related to the reform of state-owned assets and state-owned enterprises, conduct concentrated investigation and research, and strive to obtain a number of high-level research results to provide solid theoretical support for promoting the reform and development of state-owned assets and state-owned enterprises.

2. Innovation drives development and continuously enhances corporate sustainable development capabilities

General Secretary Xi Jinping attaches great importance to innovative development and has repeatedly emphasized that innovation is the first driving force for development and the strategic support for building a modern economic system. State-owned assets supervision and administration agencies at all levels and the majority of state-owned enterprises must thoroughly study and implement General Secretary Xi Jinping’s important exposition on innovative development, firmly grasp the opportunities of the new round of scientific and technological revolution and industrial transformation, increase investment in innovation, and improve innovation capabilities and levels. Efforts should be made to build innovative enterprises with strong independent innovation capabilities, excellent innovation systems and mechanisms, and sufficient innovation vitality and motivation.

Play a greater role in undertaking major scientific research tasks. State-owned enterprises are an important force in national scientific and technological innovation and must take an active role in undertaking major national scientific research tasks. It is necessary to concentrate its superior forces to complete the "Technological Innovation 2030-Major Project" and proactively create more research and development platforms such as national technological innovation centers, national key laboratories, engineering laboratories, and engineering centers. In industries with high industrial concentration and leading advantages, proactively organize and implement major R&D tasks. Strengthen technological research and integration, equipment development and large-scale application, continuously enhance original innovation and independent innovation capabilities, undertake more major projects and major projects, and strongly support the implementation of national strategies.

Make greater breakthroughs in key core technologies. The ability to master key core technologies determines whether an enterprise can maintain its core competitiveness for a long time and achieve longevity in the fierce market competition. We must unswervingly strengthen independent innovation, invest more manpower, material and financial resources in core technology research and development, and gather elite forces to focus on tackling key problems. Follow the laws of technological development, make a systematic technological layout, select the best from the best, focus on breakthroughs, and make plans in key areas related to hard power improvement and long-term development, so as to achieve a number of key core technological breakthroughs as soon as possible. Accurately grasp the development trends of the industry, regard strategic forward-looking technologies as the focus of strategic development, plan and deploy in advance, and strive to obtain a number of forward-looking, original, and disruptive technological achievements to lead future industry development.

Make greater contributions in system integration innovation. Innovation is a complex systematic project, and the barriers between various innovation entities must be broken down to form a powerful force for collaborative innovation. It is necessary to proactively strengthen joint scientific and technological research, accelerate the establishment of a technological innovation system with enterprises as the main body, market orientation, and deep integration of industry, academia, and research, and form a collaborative innovation pattern with complementary functions and positive interaction between enterprises and scientific research institutions, universities, and national laboratories. Accelerate the improvement of the industrial innovation chain, solve the "stuck" problem of industrial development, and promote the transformation of scientific and technological achievements into real productivity. Actively integrate into the global innovation network, take the initiative to lead or participate in international major science plans and major science projects, and comprehensively improve the international level of corporate scientific and technological innovation.

Take greater steps in institutional and mechanism innovation. Talent is the decisive factor in promoting scientific and technological innovation, and innovation systems and mechanisms are the fundamental guarantee for stimulating the innovation vitality of talents. It is necessary to strengthen the construction of scientific and technological innovation policies and systems, strive to improve the efficiency of the innovation system, and stimulate strong innovation vitality. Take the lead in cultivating front-line innovative talents, young scientific and technological talents and high-skilled "craftsmen", and make new breakthroughs in vigorously cultivating and introducing high-level scientific and technological leaders and high-level innovation teams. Improve the talent evaluation mechanism, increase talent incentives, unblock talent development channels, establish medium and long-term incentive mechanisms, and continue to stimulate innovation potential.

3. Expand opening up, strengthen cooperation, and continuously cultivate new advantages in international competition.

General Secretary Xi Jinping delivered a series of important speeches on opening up and cooperation at many important international occasions such as the World Economic Forum in Davos, the Belt and Road Forum for International Cooperation, and the Boao Forum for Asia, emphasizing that China’s door to opening up will never be closed. , it will only open wider and wider; we must work together to achieve win-win results, and adhere to the path of openness, accommodation, mutual benefit and win-win results. State-owned assets supervision and administration agencies at all levels and the vast number of state-owned enterprises must thoroughly study and implement General Secretary Xi Jinping’s important exposition on expanding opening up to the outside world, accelerate the international development of state-owned enterprises with greater intensity and more practical measures, and compete in the "melting pot" of the global market Steel is made in China to enhance the international competitiveness of enterprises through open cooperation.

Achieve new results in deepening opening-up and cooperation. The development of state-owned enterprises in the past 40 years has been achieved under conditions of openness. In order to achieve high-quality development in the future, state-owned enterprises must further increase opening up to the outside world and improve the level of international cooperation. It is necessary to strengthen cooperation in deepening reforms, attract enterprises from all countries to actively participate in the reform of state-owned enterprises, jointly explore ways and methods for in-depth cooperation in various ownership economies, and learn from each other and promote each other. Strengthen cooperation in structural adjustment and carry out in-depth cooperation with enterprises from various countries in industrial integration, transformation and upgrading, equity investment and other fields to achieve complementary advantages, mutual benefit and win-win, and coordinated development. Strengthen cooperation on major projects, not only support cooperation in both markets, but also explore various ways to cooperate in developing third-party markets and jointly promote the implementation of major projects. Strengthen cooperation in talent training, maintain close exchanges with companies from various countries, and establish a closer cooperation mechanism in talent exchange and training to provide strong talent guarantee for corporate development.

Reflect new responsibilities in participating in the construction of the “One Belt, One Road” initiative. The "Belt and Road" construction is an initiative put forward by General Secretary Xi Jinping with an eye to forming a new pattern of comprehensive opening up and promoting common prosperity and progress in the world. It has become a strategic platform for my country to promote foreign cooperation in the new era. State-owned enterprises are important market carriers for my country’s foreign economic cooperation and assume important responsibilities and missions in the construction of the “Belt and Road” initiative. We must focus on the implementation of key projects, accelerate infrastructure construction, further build international brands, and optimize global layout. Focus on the construction of existing industrial parks, continuously improve supporting facilities and services, and strive to create a new platform for regional economic cooperation. Focus on energy resource cooperation, actively promote the construction of oil and gas pipelines, transmission lines and mineral resource development in countries along the route, and promote the formation of a new cooperative relationship of shared win-win and mutual benefit.

Reach a new level in improving the level of international operations. Improving the level of international operations is an objective need to cultivate world-class enterprises with global competitiveness. We must work hard to strengthen global resource allocation, continue to improve the global layout of industrial chains, value chains, and innovation chains, and strive to achieve global allocation of technology, management, finance and other resources. Efforts should be made to innovate foreign investment methods, combine foreign investment with destination market demand, and promote domestic equipment, services, technologies and standards to go global, and accelerate the formation of a global production and service network. We will work hard to strengthen the prevention and control of overseas risks, focus on strengthening group management and control, strive to promote compliance with laws and regulations, strictly implement prevention and control responsibilities, continuously improve the ability and level of overseas risk prevention and control, and promote high standards, high quality, and high efficiency in overseas operations of state-owned enterprises.

Show a new image in actively fulfilling social responsibilities. As state-owned enterprises accelerate their pace of going global, the international community has increasingly higher requirements for state-owned enterprises to fulfill their social responsibilities. State-owned enterprises must modelly abide by international rules and the laws of the country where they are located, respect local customs and culture, adhere to honest operations, and abide by commercial credit. Ensure the quality of products and services, strive to provide high-quality, safe and healthy products and services, properly handle complaints and suggestions from consumers, and win the trust and recognition of consumers. Protect the local environment, safeguard the rights and interests of local employees, support community development, participate in public welfare undertakings, make positive contributions to local economic and social development, and establish a good responsible image.