国有资本的公司化运营及其监管体系催生

Company Operation of State-owned Capital and Its Supervision System

组建国有资本投资运营公司的前提是国有企业的分类改革与混合所有制改革,以及建立有效的治理机制。未来的国有资本监管体制将由国有资本管理体制和国有企业监管体制两部分构成。国有资本管理体制侧重于国有资本运营和管理的市场化措施和手段。在未来的国有企业监管体制下,公益类国有企业主要通过政府的行业监管来实现,功能类国有企业通过产业政策实现扶持和引导,竞争类国有企业通过竞争政策和反垄断法来宏观协调。应建立一个综合的国有资本管理机构来负责我国的经营性国有资产和国有企业的监管和运营。

The premise to establish state-owned capital investment/operating company includes the classification reform of state owned enterprises and the mixed ownership reform, and the establishment of an effective governance mechanism. On this basis, the future of the state-owned capital supervision system will be composed of two parts of the state-owned capital management system and state-owned enterprises supervision system. State-owned capital management system will focus on capital operation and management using market-oriented measures and means. And under the future state-owned enterprises supervision system, public-welfare state-owned enterprises will achieve their goals mainly through government regulation, and the functional state-owned enterprises will be supported and guided by industrial policy, and the competitive state-owned enterprises will be tamed by competition policy and antitrust law. At the same time, we should establish a comprehensive state-owned capital management agency responsible for all the management and operation of our state-owned assets and state-owned enterprise.