The reporter learned from the press conference of the State Council Information Office held on the 15th: In the first three quarters of this year, the main economic indicators of central enterprises showed the characteristics of "three increases, one decrease, three excellences and one decrease", with increased revenue, increased benefits, increased tax and fee contributions, The debt ratio has declined, the investment structure is excellent, the operation quality is excellent, the production efficiency is excellent, costs and expenses have been reduced, and the operation has made progress while maintaining stability and has continued to consolidate.

Focus on industry, highlight main business, and take solid steps in high-quality development

Since the beginning of this year, central enterprises have focused on high-quality development, focused on industry, highlighted main businesses, accelerated the conversion of old and new driving forces, steadily improved production and operations, and continued to grow rapidly in economic benefits. In the first three quarters, the revenue of central enterprises increased, with a cumulative operating income of 21.1 trillion yuan, a year-on-year increase of 11%, and the revenue growth rate exceeded 10% for four consecutive months; profitability increased, with a cumulative total profit of 1,349.1 billion yuan, a year-on-year increase of 21.5%. The growth rate has exceeded 20% for five consecutive months; the contribution of taxes and fees has increased, with a total of 1.7 trillion yuan in taxes and fees, a year-on-year increase of 7.3%, and the growth rate is 2.1 percentage points higher than the same period last year. At the same time, the debt ratio of central enterprises dropped, with the average asset-liability ratio at the end of September being 66%, a year-on-year decrease of 0.5 percentage points.

The operation of central enterprises is not only good-looking, but also eye-catching. In the first three quarters, central enterprises completed fixed asset investment of 1.5 trillion yuan, a year-on-year increase of 2.7%. The investment increase was mainly concentrated in major people's livelihood, green development, science and technology investment and other fields; production efficiency was excellent, per capita income increased by 12.5% year-on-year, and per capita profit increased by 12.5% year-on-year. An increase of 23.1%, and the labor productivity of all employees increased by 8.4% year-on-year. In addition, costs and expenses have shown a decreasing trend. In the first three quarters, the cost and expenses paid by central enterprises per 100 yuan of operating income decreased by 0.5 yuan year-on-year.

"Judging from these characteristics, central enterprises have taken solid steps in high-quality development, which further enhances our confidence and determination to respond to risk challenges and better promote the reform and development of state-owned enterprises." said Peng Huagang, deputy secretary-general of the State-owned Assets Supervision and Administration Commission of the State Council.

94% of state-owned enterprises across the country have been restructured, and the next step is to focus on “six outstanding things”

In recent years, the results of state-owned enterprise reform have continued to show. Since last year, all 68 enterprises owned by the whole people at the central enterprise group level have completed restructuring. At present, 94% of state-owned enterprises across the country have been restructured. The mixed-ownership reform is carried out in an orderly manner. In 2016, the proportion of central-owned enterprises with mixed ownership reached 68.9%. Strategic reorganization has been steadily advanced. Since the 18th National Congress of the Communist Party of China, 20 groups of 38 central enterprises have been reorganized and integrated. The "reduction" work is progressing smoothly. Central enterprises have reduced the number of legal persons by more than 10,000, reducing labor costs by 21.7 billion yuan and management expenses by 18.8 billion yuan.

The focus of the next step in the reform of state-owned enterprises is "six outstanding efforts": focusing on the construction of a modern state-owned enterprise system with Chinese characteristics. Effectively divide the boundaries of the rights and responsibilities of each corporate governance body, give full play to the leadership role of the party committee (party group), and ensure the operational autonomy of managers.

Focus on mixed ownership reform. Actively explore mixed ownership reform at the group level, accelerate the mixed ownership reform of subsidiaries, and further deepen the pilot mixed ownership reform in key areas.

Focus on market-oriented operating mechanisms. Promote the term system and contractual management of managers, accelerate the establishment of a professional manager system, and coordinate the use of medium and long-term incentive measures such as employee stock ownership and equity dividends for technology-based enterprises.

Focus on supply-side structural reform. We will continue to resolve excess production capacity in industries such as steel and coal and electricity, promptly digest and deal with various historical debts and legacy issues, and take multiple measures to reduce leverage and reduce liabilities.

Focus on reforming the authorized operation system. Intensify reform efforts in terms of organizational structure, operating model, and operating mechanism, and promote the pilot projects of state-owned capital investment and operating companies to achieve effective results.

Focus on the supervision of state-owned assets. Strengthen services for micro entities, create a real-time online state-owned assets supervision platform, and improve the targeted effectiveness and systematicness of supervision.

Mixed ownership reform is a two-way and win-win situation

“The idea and goal of the reform is to make state-owned enterprises truly become independent market entities that operate independently, are responsible for their own profits and losses, bear their own risks, self-discipline, and self-development. They can use production factors on an equal basis with other ownership enterprises in accordance with the law, participate in market competition fairly, and be equally subject to Legal protection." In response to questions about the principle of "competitive neutrality" for state-owned enterprises, Peng Huagang said that the State-owned Assets Supervision and Administration Commission advocates "ownership neutrality" and opposes the establishment of different rules based on different corporate ownerships, and opposes discriminatory treatment of state-owned enterprises in the formulation of international rules. treatment.

Recently, some people have worried that state-owned enterprises will take the opportunity to merge or acquire private enterprises on a large scale. In this regard, Peng Huagang analyzed that we must first adhere to the "two unwavering principles" to understand and grasp the relationship between state-owned enterprises and private enterprises. On the one hand, state-owned enterprises have an important status and play a key role. On the other hand, the Party Central Committee has always supported and encouraged the development of private enterprises.

Furthermore, mixed ownership reform is a two-way and win-win situation. "We not only encourage and support private enterprises to participate in the reform of state-owned enterprises, but also encourage and support state-owned capital investment in private enterprises. The mixed ownership reform implemented by state-owned enterprises and private enterprises adhering to the principles of equality, mutual benefit and complementary advantages is a win-win situation." At present, 2/3 of subsidiaries at all levels affiliated to central enterprises They are already mixed-ownership enterprises. In recent years, central enterprises have promoted quality and efficiency improvements, reducing the number of corporate legal persons by 11,651, of which 2,618 have transferred their controlling rights to private enterprises.

In addition, the advancement and retreat of state-owned capital are based on market-oriented behaviors that follow the laws of market economy and enterprise development. "The principle we always adhere to is to be market-oriented and enterprises as the main body, optimize the layout and structure of state-owned capital, and enhance the overall function and efficiency of the state-owned economy." The acquisition of privately-owned listed companies by state-owned assets is a normal market-oriented behavior and is a state-owned enterprise. A market choice that is mutually beneficial and win-win with private enterprises.