Tasks and Priorities for Comprehensively Deepening Reform of China’s State Sector of Economy

The Third Plenary Session of the 18th CPC Central Committee ushered in a new chapter of China＇s comprehensive deepening of reform. The basic objective of comprehensively deepening reform of the state sector of economy in the new chapter is to fully integrate this sector with a sophisticated market economic system with the market playing the decisive role in resource allocation. In order to achieve this objective, China is confronted with the four major priorities of adjusting the functions and layout of the state sector of economy according to national mandates, expediting the mixed ownership reform, creating a classified and multi- tiered new system for the administration of the sector, and developing a modern corporate system for SOEs to ensure an efficient micro-level governance mechanism for the sector. （1） The functions of the different types of SOEs should be accurately defined and SOEs should be divided into the three types of public policy SOEs, functional SOEs, and commercial SOEs. This classification forms the premises for reforming the state sector of economy. Based on the functions of the three types of SOEs, the directions and emphases for strategic adjustment should differ as well. （2） The mixed ownership reform should adhere to the methodological principles of combining top-down and bottom-up approaches, implementing pilot programs, and promoting coordinated progress. Practical implementation should ensure fair and standard reform procedures, reform programs consistent with laws and regulations, open and fair equity transfers, as well as fair and transparent internal distributions. The mixed ownership reform of SOEs should introduce the employee stock ownership system and adhere to the principles of compatible incentives, shared growth, and long-term development. Monopolistic sectors should be transformed into competitive market structures to create conditions for the implementation of mixed ownership for SOEs. （3） The new system for the administration of the state sector of economy should comprise three hierarchies： the Commission for the Administration of State Economy at the top level, state capital operation companies or state capital investment companies at the intermediate level and general for-profit enterprises at the bottom level, which administer public policy, functional SOEs, and commercial SOEs respectively. （4） Under the new system for the administration of the state sector of economy characterized by the three hierarchies and categories, the key for perfecting the modern corporate system of SOEs is to establish a differentiated, classified governance mechanism, i.e., different corporate governance mechanisms should be created for SOEs of different functions and roles.

On the Government Function Orientation in China's Agricultural Management Reform

Since the reform and opening up,China's market-oriented agricultural management reform has achieved remarkable results,but the reform has not yet been put in place,and there are some flaws in some areas of reform.To deepen the reform of government's agricultural management reform under the new situation,it is necessary to further define the boundary between government and market on the basis of following the general rules of world's agricultural development and considering China's special situation of agriculture,nail down the scope of government functions,pinpoint the key areas of reform,and actively promote the rapid development of China's characteristic modern agriculture.

On the Function of Government during the Economic Transformation in Our Country

The paper analyses the necessity of government playing a role in the economic transformation and the government function in the process of economic transformation to definite the role of state government of China in the process of economy transformation.

The Economic Contribution and World Influence of China's Reform and Development Governance

This article summarizes a series of valuable accomplishments of China's government in promoting economic development, reducing poverty, maintaining social stability, and increasing people's prosperity since 1949. It summarizes the economic analysis framework of development governance in mainstream economics, and further analyzes the connotations and extensions of the conceptual framework. This paper also summarizes some of the core economic characteristics embodied in China's Reform and Development Governance since the reform, and further explores the necessity and direction of its future modernization and its impacts on different countries and regions in the world.

Reforms on China＇s Fiscal System and Its Impact on Local Government Behavior

The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China＇s fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.

Research on the Reform Model of China＇s Government Accounting Based on Performance Management

Mueller said： ＂The environment has reflection on accounting; different cultural, economic, legal and political backgrounds produce different accounting systems.＂ It＇s no exception with government accounting. Since 1998, China＇s current budget accounting system has been acting as government accounting. Basically, it fulfilled the needs of relevant government accounting. The government accounting integrated with budget accounting. As time passes by, the current budget accounting can not meet the deepening globalization of the market economy nor the developing economic and political environment in terms of the definition of objectives, choices of basic accounting, offering of accounting information. In recent years, public finance reform, transformation of government functions, the public consciousness and other factors call for higher needs for the new government accounting. The current budget fails to provide enough government accounting information that the public need. In 2011, China started a pilot of performance management and performance budgeting in the country. The efficient use of public funds, the profits, and the effectiveness of public information draw more users＇ attention. It becomes more important for the govemrnent accounting larovidin~ information of performance evaluation.

Environmental Information Governance Reform in the Era of Big Data--From Information Disclosure to Public Service

The development of environmental information governance includes three phases: providing for oneself,information disclosure,and public service. And then China is in the transition and transformation of environmental information disclosure to the environmental information public service. The core of the transformation is public participation,in the whole procedure of environmental information supply decision making,production,and quality supervision and evaluation,etc. The target path of the environmental information governance reform includes five parts: improvement of public satisfaction,optimizing information disclosure,information quality control,integration of information resources,and multiple supply.

The Current Situationand Future Tendency of Corporate Governance Reform in China

The state-owned enterprises（SOEs） reform in China has plunged into the most urgent stage, and more than 20 years＇ market-oriented reform of SOEs in China seems to have no enough economic efficiency. This paper discusses some issues concerning corporate governance reform of SOEs in China. In section A, we first analyze the current situation and major issues in corporate governance reform of SOEs in China. In Section B, we discuss how to further reform SOEs＇ corporate governance in China. Final section discusses the possible model of China＇s corporate governance.

Logic and Trends behind Chinese Bovernment Reform

From the perspective of public administration, China＇s government re tbrm coincides with China＇s 30 years of reform and opening-up. Therefore, government reform, in particular central government reform, provides us another perspective to look at the past 30 years of reform and opening-up. Although China＇s central government has gone through six rounds of reform over the past three decades, goverument reforms still face major challenges. Approached from the relationship between the transformation of the social order and government reform, this paper tries to understand the basic logic behind China＇s government reform. By reviewing the history of institutional reform and analyzing current restrictions that confront China＇s government reform, this paper points out the trends of China＇s government reform. In this paper, the authors try to study the micro and macro motivations of China＇s governmental reform by using public choice theory, and briefly comment on the ＂super ministry system.＂ .

GLOBAL GOVERNANCE REFORM IN THE TIME OF CHANGES UNSEEN IN A CENTURY

Global governance is the sum of multilateral international mechanisms established by the international community to deal with various global issues.In the absence of a world government,various players,mainly countries,by virtue of international organizations and rules,enter into relatively stable contractual relations.

Farmland Capitalization an Urgen issue in Institutional Reform

Developing modern agriculture is an important aspect of urban and rural integration. Chintz has adopted a new, highly compatible, multipronged approach. Judgingfrom current agricultural and rural policies, factors like capital, labor and land will continue to interact and revolve. The transformation of China＇s rural land tenure system is at a critical posifion in the overall strategy of developing tile rural economy. However, rural institutional reform will inevitably be constrained by the path and pattern China＇s industrialization, urbanization and agricultural modernization take. Creating a new pattern of urban and rural socioeconomic integration requires reform and improvement of rural grassroots governance structure. The interaction and reconsolidation of the factors have again become intertwined with the superstructure of rural society and will inevitably affect the direction and pace of rural grassroots governance structural reJbrm. Protecting the economic interests of farmers while respecting their democratic rights will always be at the heart of agricultural modernization.

Difficulties Facing the Arctic Council Reform and Domainal Governance

The Arctic Council celebrated its 20th birthday in 2016. During the last two decades, the Council has played a crucial role in Arctic governance. However, with the change of world situation and the increasing of global attention, defects inherent in the Council appeared one by one. Against this backdrop, more voices raise call for the reform of the Council. In response, the Council has recently implemented measures such as creating the Council Secretariat, attempting to transform itself from a “forum” into an “organization”. However, there are still immense hurdles to a comprehensive reform of the Council, due to its indefinite goal, lack of momentum and structural deficiencies. In recent years, a tendency of domainal governance emerged in the scene of Arctic governance, which gives the international community a new perspective to the devising of a strategy for building regional order. When it comes to the effectiveness of Arctic governance, a network formed by domainal governance is not necessarily worse than a comprehensive governance mechanism. In this connection, the Council may be treated as a part of the domainal governance network in the Arctic, so that the Council may join with other domainal governance mechanisms in the efforts to push Arctic governance to move in a better direction.

Health reform in China:Developments and future prospects

In 2009,China initiated a new round of health reform to establish a wellfunctioning health system.The 2009 health reform did make some significant achievements in improving affordability and accessibility.In particular,social health insurance has been expanded significantly and various social health insurance plans have covered over 95%of total population in China by 2011.The Chinese government also has significantly increased fiscal input for health financing.However,affordability remains a serious concern as the social health insurers,as purchasers,were not very effective in containing the growth of health expenditure.Accessibility to primary care and public health is another concern.In this context,health governance reforms are necessary to address affordability and accessibility issues.Health governance set rules for key actors of the health system(including service providers,health insurers and government departments)by taking into account the strategies and incentives of these actors in their interactions.In recent years,a series of reforms in health governance have been initiated.Some progresses have been achieved.For the next stage of health reform,issues including how to further reform the governance structure of medical institutions and how to improve resource allocation in the health system are critical.

Government Regulation,Enforcement,and Economic Consequences in a Transition Economy:Empirical Evidence from Chinese Listed Companies Implementing the Split Share Structure Reform

In a changing transition economy, Chinese government regulations that adopt the relatively simple bright line rule formula are enforceable in practice. Taking the early reform-oriented policies of the China Securities Regulatory Commission(CSRC) as an example, we find that the CSRC did not consider local enthusiasm for reform when allocating IPO resources because of the high enforcement costs involved. We also find that CSRC listed company regulations were enforced due to the lower costs involved in verifying regulatory violations, and that listed companies that completed the reform process were given priority in public refinancing. We present empirical evidence supporting the theoretical basis for the hypotheses outlined above. We also conclude that companies that completed the reform process in 2005 were of significantly higher quality and that the SEO regulation did not affect stock market efficiency. These findings enhance our understanding of the efficiency of government regulation in a transition economy.

A Discussion for the Protection of the Environnement in the Law of Planification in China

This article aims to answer the question that if the law of planification of China,really takes account of the objectives of environmental protection.The answer is based on,first of all,the reform of system of land ownership(direct link of the development of urbanization).This article cracks the problem by two approaches:the state and collective property right.The first part of the analysis is macro-perspective,i.e.,the course of land reform and the land users.In general,the state remains the sole owner of all the land and delegates the local governments to manage the use of land in China.However,the high interest undermines their roles,and degradation of environment in the process of urbanization continues.Based on this observation,we analyzed their administration,i.e.,who are the actors and how the powers are shared.The lack of transparency and independence is in its structure,i.e.,they have ambitions to have a good protection but the conflict appears frequently.In the further part,micro-vision was employed.We focused on the regulations of planification,procedures and formalities that is deeply involved.In fact,we find that the volume of law was expanded and a need of consolidation is urgent for the coherence,accessibility and understanding of law.Then it follows the analysis of two typical procedures:the procedure of environmental assessment as well as participation.These procedures are the practical implementation of the consideration of the environment.The fact is that rapid urbanization resulted in a reconfiguration of the urban space,and the appearance of a variety of interests.The degradation of environment,coupled with the importance of urbanization has become a challenge to governance.People realized more and more issues related to housing,welfare and citizenship.This forces the government to change their policies and acts.From different points of views-historical,political,administrative,legal and social-this research determines how a better environmental protection can play in law of planification.The reforms are envisaged,and there are still problems:the harmonization and consistency of the regulations,the clarity of the law for his efficiency and law security,the improvement of the process.Contrary to what is received,the government has intention to solve this question,as demonstrated by his consistency to innovation and reform in the field.At the present,planification,rather than a method of protection,works for the growth of the economy.Due to the lack of effective regulation,the real consideration of environment is still very limited.

Analysis on Present Status and Development Tendency of Performance Audit in China

Performance audit has become a mainstream-trend in the development of modern government audit currently.However,the launch of performance audit in China is unbalanced,which the performance audit with Chinese characteristics develops quite fast,while the full sense of performance audit develops quite slowly.Except factors such as different recognition of performance audit,the main reason of this development imbalance is that development of performance audit is limited by the current audit system.Nevertheless,it is not hard to find some positive aspects existing in the development of performance audit in China,concluding developments and changes of the environment of performance audit in China over the recent years.

The politics of the basic benefit package health reforms in Tajikistan

Background:Health reform is a fundamentally political process.Yet,evidence on the interplay between domestic politics,international aid and the technical dimensions of health systems,particularly in the former Soviet Union and Central Asia,remains limited.Little regard has been given to the political dimensions of Tajikistan’s Basic Benefit Package(BBP)reforms that regulate entitlements to a guaranteed set of healthcare services while introducing co-payments.The objective of this paper is therefore to explore the governance constraints to the introduction and implementation of the BBP and associated health management changes.Methods:This qualitative study draws on literature review and key informant interviews.Data analysis was guided by a political economy framework exploring the interplay between structural and institutional features on the one hand and agency dynamics on the other.Building on that the article presents the main themes that emerged on structure-agency dynamics,forming the key governance constraints to the BBP reform and implementation.Results:Policy incoherence,parallel and competing central government mandates,and regulatory fragmentation,have emerged as dominant drivers of most other constraints to effective design and implementation of the BBP and associated health reforms in Tajikistan:overcharging and informal payments,a weak link between budgeting and policymaking,a practice of non-transparent budget bargaining instead of a rationalisation of health expenditure,little donor harmonisation,and weak accountability to citizens.Conclusion:This study suggests that policy incoherence and regulatory fragmentation can be linked to the neopatrimonial character of the regime and donor behaviour,with detrimental consequences for the health system..These findings raise questions on the unintended effects of non-harmonised piloting of health reforms,and the interaction of health financing and management interventions with entrenched power relations.Ultimately these insights serve to underline the relevance of contextualising health programmes and addressing policy incoherence with long horizon planning as a priority.

党建引领如何破解中国基层治理的三重困境?——基于广州市南沙区的实践

中国基层治理存在资源、权限和激励三重困境,如何充分发挥党建引领的核心作用破解这些困境,是提升基层治理效能的关键。本研究借鉴组织变革理论搭建分析框架,基于广州市南沙区党建引领基层治理改革实践,发现党建引领利用信息化建设、流程再造、结构调整、机制设计和文化重塑的系列措施,形成组织建设、权威协同和激励驱动三条机制路径,有助于破除基层治理中普遍面临的三重困境,推动了中国基层治理格局的整体变革。未来推进基层社会治理改革,可以借鉴“创造性破坏”和整体性治理的基本逻辑,推进基层组织的服务流程与组织间协同,重塑中国基层治理的良好格局。

地方审计管理体制改革能抑制地方国有 企业金融资产配置吗?

以2015年末我国实施的省以下审计机关人财物管理试点改革作为准自然实验,选取2011—2020年A股地方国有企业为研究样本,利用双重差分模型实证检验地方审计管理体制改革对地方国有企业金融资产配置的影响。研究结果表明,地方审计管理体制改革有效抑制了地方国有企业金融资产配置规模。区分金融资产类别后研究发现,地方审计管理体制改革对企业显性金融资产规模的抑制效果较明显,但与隐性金融资产配置规模间无明显相关关系。进一步研究发现,当地方审计管理体制改革力度以及地方审计机关的审计强度越大时,政府审计对企业金融资产配置的抑制作用越明显。机制分析发现,地方审计管理体制改革通过规范政府干预缩减了地方国有企业显性金融资产配置规模,且在财政压力较大的地区这一抑制效果更为明显。

逆向混改助力民企创新——国有资本参股对民营企业双元创新投入的影响研究

逆向混改有利于提高民营企业创新投入吗?以A股民营控股上市公司为样本考察国有资本参股的逆向混改对民营企业双元创新投入的影响后发现:首先,国有资本参股对于民营企业双元创新投入存在异质性影响,即能够显著提高民营企业开发式创新投入,而对探索式创新投入无明显作用(国企“两利一率”考核压力影响了国有资本参股对民营企业探索式创新投入的作用);其次,缓解融资约束与提高风险承担能力是上述关系的作用机制;再次,制度环境、行业竞争和技术董事数量等情境因素会影响国有资本参股对民营企业开发式创新投入的治理效果;最后,国有资本参股能够通过提高开发式创新投入的方式提高民营企业价值。通过揭示国有资本参股对民营企业双元创新投入的影响及其作用机理,回应了国有产权对民营企业创新作用的研究分歧,也拓宽了混合所有制改革思路。