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when it comes to this stage of China's state capital restructuring, we must reform the two levels together, and the focus should be on the first level of reform (the reform of state-owned capital allocation system) aspects. Li Yining, from the existing state-owned enterprise management system that shortcomings or problems of state-owned enterprises can be summarized in four points: First, government intervention and more state-owned enterprises has not become a veritable business entities market, at best be described as "not a full market business entities." Second, the mechanism is not flexible. This is a consequence of more government intervention caused. When the market began to see signs of fluctuating state-owned enterprises can not adapt to changing circumstances, we must go through the cumbersome process of application and be approved by higher authorities, until approval has missed the best opportunity. Third,tn requin pas cher, the corporate governance structure is not perfect. This is partly due to the high proportion of state-owned state-controlled joint-stock enterprise, shareholders can not be held or held also does not work, the board does not work,under armour footwear, the independent directors of no effect; the other hand,outlet hogan online italia, may also result from the management system still exist in the past has been followed It practices, and some top-level officials,hogan outlet online, as party secretary plays a dictatorial role. Accordingly, the Board of Supervisors can not play its due role. Fourth.
the "decision" of the reform of state-owned enterprises also made deployment. For SOE reform, Li Yining also voiced his reform ideas. Li Yining, the state capital system is divided into two levels: first, the state-owned capital allocation system,nike air max 1, which is the first level of the system; the second is the state-owned enterprise management system, which is the second level of the system. Two different levels of the system and its reform should not be confused. For many years since the reform and opening up,celine belt, we started the reform of state-owned capital system, basically focused on the reform of state-owned enterprise management system,parajumper jas dames, which belong to the second level of reform. Reform of state-owned capital allocation system, which belongs to the first level of reform, in fact,hogan scarpe, and did not advance. The main task of the SASAC on management and supervision of state-owned enterprises. Even it can be considered: the state-owned capital allocation reform was ignored. Therefore.
innovation, lack of motivation and innovation capability is weak. The most important reason for this situation is still bound by state-owned enterprises due to system and mechanism,scarpe uomo hogan, reluctant to decide in greater technical innovation,hogan uomo, have no right to decide on their own or in institutional innovation management innovation test, a number of corporate executives believe whether it is technological innovation, system innovation and management innovation, or are at risk,golden goose sneakers, they were afraid to take responsibility, but also the interests and responsibilities are usually asymmetrical. "If the reform of state-owned capital regime just to stay in the second level, but did not turn on the first level, namely the state-owned capital allocation system for serious reform, reform of state-owned enterprise system is difficult to have a major breakthrough, the shortcomings of the existing system of state-owned enterprises or the problem will continue to exist. "Li Yining said. Li Yining stated that the goals of state-owned capital allocation is to strengthen the reform of state-owned capital SASAC right configuration.
the state investment fund may issue corporate bonds. This is a national investment fund company to improve the efficiency of state-owned capital allocation required by the new state capital raised. They are responsible for servicing the national debt by the issuing investment fund company. A specific state-owned enterprises in need of financing to be issued when the corporate bonds, but bonds with a state investment fund issue is not the same thing. Use bonds issued by a state-owned enterprise, the company responsible for servicing it with enterprises to issue corporate bonds in general there is no difference.
rather than a state-owned enterprise in charge. His initial idea is: First, the SASAC simply configure the state capital,hogan online outlet, is responsible for increasing the value of state-owned capital, which is responsible for configuring the efficiency of state-owned capital increase. Specifically,scarpe hogan originali, the SAC may be provided by a number of industry or several industries divided state investment fund,hogan bambino, the state-owned shares allocated to existing holders of a particular state investment fund company,tn pas chere, as the state investment fund into state-owned enterprises capital, and sent board members according to the equity structure of the state-owned enterprises. If a state-owned enterprise is more than a state-owned investment entities composed, according to the structural condition of equity,sac longchamp pliage, by several state investment fund company sent each board member. "This form 'national investment fund SAC --- --- SOEs' regime." Under this new system,hogan donna, the SASAC is the state investment fund company executives, state investment fund company is state-owned enterprises funders. State-owned enterprises with the other shares of the company, are the main market operators, fair competition, partnership, enterprise and between enterprises. Ownership discrimination between enterprises, identity discrimination no longer exists. Secondly,golden goose uomo scarpe, each state investment fund under the SASAC, SOEs included in the state-owned stakes in their capitalization, while state-owned enterprises to clean up balance sheets, verification, state-owned enterprises operating conditions have to clean up, verify . After a period of time, it transferred the assessment work of the state-owned enterprises capital operation. Assessment work is regular. The main assessment is that the state-owned enterprise productivity and efficiency of resource allocation status. Again, the state investment fund, if necessary, through certain procedures, approved by the competent authorities.
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