混合所有制改革与国有企业投资效率提升

The Effects and Countermeasures of Mixed Ownership Promoting the Investment Efficiency of State-owned Enterprises

长期以来,投资效率不高是国有企业改革要解决的难题之一,主要原因在于其内外部治理机制不完善。混合所有制改革为解决国有企业投资存在问题提供了良好机遇。微观层面,混合所有制改革有助于缓解投资软预算约束,增强国有企业投资能力。宏观层面,发展混合所有制经济有助于降低市场壁垒,推进市场公平,优化行业所有制结构,增强国有企业投资面临的竞争压力,倒逼其投资体制机制改革。对此,需要稳步推进国有企业混合所有制改革,理顺政企关系;优化股权结构,健全公司治理机制;完善市场体系,降低市场壁垒。

Investment efficiency is one of the problems to be solved in the reform of state-owned enterprises for a long time,mainly due to the imperfection of internal and external governance mechanism. Mixed ownership provides a good opportunity to solve the problems of state-owned enterprise investment. At the micro level,through the mix of ownership reform,it will help to soften the soft budget constraint and enhance the investment capacity of state- owned enterprises. At the macro level,through the development of mixed ownership economy,it will help to reduce market barriers,promote market equity,promote the rationalization of ownership structure and enhance the competitive pressure of state-owned enterprises. In this regard,it is necessary to steadily push forward the reform of mixed ownership of state-owned enterprises,optimize the ownership structure,improve the market system and reduce market barriers.