The reform for Chinese state-owned enterprises (SOEs)during the past twenty years selected several ways which couldn't solve essential problems and improve the performance of the SOEs in China. The reason is that ...The reform for Chinese state-owned enterprises (SOEs)during the past twenty years selected several ways which couldn't solve essential problems and improve the performance of the SOEs in China. The reason is that traditional ownership instituton wasn't changed at all,the institution reach an impasse in market system which resulted in the fact that SOEs couldn't get used to keen competition. This paper analyses an ownership restructuring case in which an executive holds major capital stock in a state textile institute restructured and therefore the state ownership was withdrawn from it completely, it expounds the rationality of the model selected and points out that the model is currently a very effective way by which M & S SOEs would withdraw from competitive business field successfully.展开更多
China's complex and twisted journey of SOE reform over the past four decades is an unprecedented transformation in its history and is at the center stage of its economic reforms. Over the past four decades, SOEs tran...China's complex and twisted journey of SOE reform over the past four decades is an unprecedented transformation in its history and is at the center stage of its economic reforms. Over the past four decades, SOEs transitioned from being affiliates of a planned economy to "new SOEs" as modern enterprises under the market economic system. This journey can be roughly divided into the following four stages: the reform to expand SOE autonomy during 1978-1993, the reform to create a modern enterprise system during 1993- 2003, the reform to create a new system for the administration of state assets during 2003- 2013, and the new era of classified SOE reform since 2013. After the four stages, China's SOE reform has made tremendous achievements, particularly since the 18th CPC National Congress. V~th policy readiness for SOE reform in the new era, reform should be carried out in a comprehensive and systematic manner for different types of SOEs in the future.展开更多
SOE social responsibility has undergone three stages of evolution.In essence,corporate social responsibility includes social obligations and social expectations.Public attention to SOE social responsibility issues has...SOE social responsibility has undergone three stages of evolution.In essence,corporate social responsibility includes social obligations and social expectations.Public attention to SOE social responsibility issues has affected the thinking surrounding SOE restructuring,including the promulgating of objectives and methods.Based on corporate social responsibility,SOE managers must set up a perfect SOE social responsibility system and strengthen supervisory mechanisms;in respect to corporate governance models,SOEs should undertake reform for the corporate citizen governance model.展开更多
Key to energize State-Owned-Enterprises (hereinafter SOEs) is to set up effective incentive and discipline mechanisms. First of all, the paper analyses the problems existing in the current incentive and discipline mec...Key to energize State-Owned-Enterprises (hereinafter SOEs) is to set up effective incentive and discipline mechanisms. First of all, the paper analyses the problems existing in the current incentive and discipline mechanism system in SOEs, including low transparency income and considerable covert income, insider control,corporate governance nominalization and so on; next,the paper explores the causes behind these problems,such as incomplete corporate governance and imperfect market mechanism; finally, the paper proposes a series of solutions from the aspects of incentive mechanism and discipline mechanism.展开更多
This paper paints out that historical factors and ’high withdrawal barriers’ are to blame for some low indices of SOEs.Supposing SOEs can withdraw freely as non.SOEs do,their indices will not necessarily be lower th...This paper paints out that historical factors and ’high withdrawal barriers’ are to blame for some low indices of SOEs.Supposing SOEs can withdraw freely as non.SOEs do,their indices will not necessarily be lower than the non-SOEs.If we take into account the input of the current period,the efficiency of SOEs is actually higher than that of non-SOEs.The author concludes that the notion that"SOEs are inefficient"is ungrounded and instead that historical factors and ’high withdrawal barriers’ are to blame for some low indices of SOEs.展开更多
Physicochemical and sensory characteristics of restructured meat of common carp (Cyprinus carpio) fortified with 0-8 g/100 g of chia seed flour (CSF) was evaluated. It had a higher nutritional value (higher fibre...Physicochemical and sensory characteristics of restructured meat of common carp (Cyprinus carpio) fortified with 0-8 g/100 g of chia seed flour (CSF) was evaluated. It had a higher nutritional value (higher fibre content and protein retention] (p 〈 0.05) and better cooking characteristics (higher cooking yield and moisture retention) (p 〈 0.05) than the control. The colour (a*, b*) increased; lightness and whiteness index decrease (p 〈 0.05). Hardness increase (p 〈 0.05) occurred because of CSF addition. Differential scanning calorimetry showed that fibre fortification did not interfere with the thermal transitions of the restructured meat. No significant differences were detected with the preference test scores of 4% or 8% CSF compared with the control. Restructured (4%-8% CSF) had a higher content of fibre and fat, which could be linoleic and linolenic acid, and an increase in the content of protein compared with those of commercial products, among had 1.62 and 2.25 mg AGE/g. Therefore, the restructured properties of common carp were governed by CSF addition.展开更多
ANSTEEL,one of the largest iron and steel producers in China,is a pioneer of high-quality development of China’s iron and steel industry,a spearhead of the rejuvenation of old industrial bases in the country’s north...ANSTEEL,one of the largest iron and steel producers in China,is a pioneer of high-quality development of China’s iron and steel industry,a spearhead of the rejuvenation of old industrial bases in the country’s northeastern provinces,and a pacesetter in the reform of state-owned enterprises(SOEs).展开更多
At the present stage of the SOEs joint share system reform, the problem of distorted accounting information, the failed financial audit and the ensuing erosion of the state: Owned assets, have severely impeded the pr...At the present stage of the SOEs joint share system reform, the problem of distorted accounting information, the failed financial audit and the ensuing erosion of the state: Owned assets, have severely impeded the process of the SOEs reform. This paper conducts an in-depth analysis on auditing problems in the process of the SOEs reform from managerial points of view, makes the suggestion that we should introduce governmental audit into the auditing supervision of the SOEs reform, and discusses its methods, approaches, contents and procedures in detail. This paper also indicates the possible obstacles of implementing this suggestion.展开更多
How are central SOEs driven by external context and internal value chain to perform their corporate social responsibility(CSR)?What is the relationship between various types of CSR?This paper divides CSR into strategi...How are central SOEs driven by external context and internal value chain to perform their corporate social responsibility(CSR)?What is the relationship between various types of CSR?This paper divides CSR into strategic and responsive CSR,and uses case studies to discuss how central SOEs should fulfill their CSR commitments under the Belt and Road Initiative(BRI).This paper finds that under the BRI,China’s central SOEs face a host of challenges in their cross-border operations with respect to the legal environment,political risks,workforce competence,and supports to industries in host countries,and extend the value chain through industrial chain integration.All the above internal and external attributes may drive central SOEs to perform their strategic and responsive CSR initiatives,and responsive CSR could also reinforce strategic CSR initiatives.Finally,this study offers advice on how Chinese companies should perform CSR under the BRI.展开更多
PetroChina has recently separated the lubricants assets of the two oil refining enterprises at Liaohe Oil Field and Yumen Oil Field and transferred them to PetroChina Lubricating Oil Company. As a result,the lubricati...PetroChina has recently separated the lubricants assets of the two oil refining enterprises at Liaohe Oil Field and Yumen Oil Field and transferred them to PetroChina Lubricating Oil Company. As a result,the lubricating oil company has currently nine regional lubricants production plants nationwide with six regional sales centers and two research centers,forming a large-scale lubricants complex with integration of production, marketing and technical development.展开更多
The opening ceremony for the restructured China Standardization Press was grandly held in Beijing on December 1st, Mr. Pu Changcheng, the vice minister of the General Administration of Quality Supervision, Inspection ...The opening ceremony for the restructured China Standardization Press was grandly held in Beijing on December 1st, Mr. Pu Changcheng, the vice minister of the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), Mr. Ji Zhengkun, the administrator of the Standardization Administration of China (SAC), Li Zhonghai, the chairman of China Association for Standardization (CAS) and the president of the China National Institute of Standardization (CNIS) attended and addressed at the ceremony.展开更多
Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the... Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the State Council.They kept forging ahead and carved out in an innovative spirit, and made great achievements worth celebrating in their various work.Both sales revenue and total profits of the central SOEs have been growing rapidly and synchronously, and the quality of the stateowned assets have been further improved and appeared a good momentum.……展开更多
Restructuring tilth layers(RTL)is a tillage method that exchanges the 0–20 and 20–40 cm soil layers that can be applied during cotton cultivation to increase cotton yield,eliminate weeds and alleviate severe disease...Restructuring tilth layers(RTL)is a tillage method that exchanges the 0–20 and 20–40 cm soil layers that can be applied during cotton cultivation to increase cotton yield,eliminate weeds and alleviate severe disease,including Verticillium wilt.However,the mechanism by which RTL inhibits Verticillium wilt is unclear.Therefore,we investigated the distribution of microbial communities after rotary tillage(CK)and RTL treatments to identify the reasons for the reduction of Verticillium wilt in cotton fields subjected to RTL.Illumina high-throughput sequencing was used to sequence the bacterial and fungal genes.The disease incidence and severity of Verticillium wilt decreased by 28.57%and 42.64%,respectively,after RTL.Moreover,RTL significantly enhanced bacterial richness and evenness at 20–40 cm and-reduced the differences in fungal evenness and richness between soil depths of 0–20 and 20–40 cm.The number of Verticillium dahliae decreased,while the relative abundance of biocontrol bacteria such as Bacillus and Pseudoxanthomonas increased significantly following RTL.Overall RTL improved bacterial diversity,decreased the number of Verticillium dahliae and increased the relative abundance of biocontrol bacteria,which may have suppressed the occurrence of Verticillium wilt in cotton fields.展开更多
In order to carry out the arrangements of the State-owned Assets Supervision and Administration Commission of the State Council so as to deepen the reform of state-owned enterprises and to establish a modern enterpris...In order to carry out the arrangements of the State-owned Assets Supervision and Administration Commission of the State Council so as to deepen the reform of state-owned enterprises and to establish a modern enterprise system,CGWIC has been restructured to a limited liability company (legal entity wholly owned) from展开更多
ACCORDING to an Economic Information Daily report on January 11, notable progress has been made in this classification process, which will be made public in the near future. A corresponding assessment scheme has also ...ACCORDING to an Economic Information Daily report on January 11, notable progress has been made in this classification process, which will be made public in the near future. A corresponding assessment scheme has also been formulated, Consequently, mixed ownership reform based on SOE classification will be accelerated.展开更多
Ten governmental organizations recently issued a joint circular (No.762-2006, State Development & Reform Commission) to guide Chinese textile growth in the next five years (2006-2010). The circular, seriously take...Ten governmental organizations recently issued a joint circular (No.762-2006, State Development & Reform Commission) to guide Chinese textile growth in the next five years (2006-2010). The circular, seriously taken as guideline policy, is given out amid aggravating factors for resources, environment, trade disputes, structural problems and other challenging issues that Chinese textile industry is supposed to address in展开更多
基金The National Natural Science Fund Aid Project(No.79925004,79870022)
文摘The reform for Chinese state-owned enterprises (SOEs)during the past twenty years selected several ways which couldn't solve essential problems and improve the performance of the SOEs in China. The reason is that traditional ownership instituton wasn't changed at all,the institution reach an impasse in market system which resulted in the fact that SOEs couldn't get used to keen competition. This paper analyses an ownership restructuring case in which an executive holds major capital stock in a state textile institute restructured and therefore the state ownership was withdrawn from it completely, it expounds the rationality of the model selected and points out that the model is currently a very effective way by which M & S SOEs would withdraw from competitive business field successfully.
基金' From the two dimensions of modem property ownership system and market-based management system, 'haew SOEs" can be defined as SOEs with modem property ownership systems (characterized by equity diversification and standard corporate governance) and market-based management system (characterized by independent operation, decision-making and management). See "Pre 'hminary Study on New SOEs Phenomenon", China Industrial Economics, Vol.6 2005 by Jin Bei and Huang Qunhui.
文摘China's complex and twisted journey of SOE reform over the past four decades is an unprecedented transformation in its history and is at the center stage of its economic reforms. Over the past four decades, SOEs transitioned from being affiliates of a planned economy to "new SOEs" as modern enterprises under the market economic system. This journey can be roughly divided into the following four stages: the reform to expand SOE autonomy during 1978-1993, the reform to create a modern enterprise system during 1993- 2003, the reform to create a new system for the administration of state assets during 2003- 2013, and the new era of classified SOE reform since 2013. After the four stages, China's SOE reform has made tremendous achievements, particularly since the 18th CPC National Congress. V~th policy readiness for SOE reform in the new era, reform should be carried out in a comprehensive and systematic manner for different types of SOEs in the future.
文摘SOE social responsibility has undergone three stages of evolution.In essence,corporate social responsibility includes social obligations and social expectations.Public attention to SOE social responsibility issues has affected the thinking surrounding SOE restructuring,including the promulgating of objectives and methods.Based on corporate social responsibility,SOE managers must set up a perfect SOE social responsibility system and strengthen supervisory mechanisms;in respect to corporate governance models,SOEs should undertake reform for the corporate citizen governance model.
文摘Key to energize State-Owned-Enterprises (hereinafter SOEs) is to set up effective incentive and discipline mechanisms. First of all, the paper analyses the problems existing in the current incentive and discipline mechanism system in SOEs, including low transparency income and considerable covert income, insider control,corporate governance nominalization and so on; next,the paper explores the causes behind these problems,such as incomplete corporate governance and imperfect market mechanism; finally, the paper proposes a series of solutions from the aspects of incentive mechanism and discipline mechanism.
文摘This paper paints out that historical factors and ’high withdrawal barriers’ are to blame for some low indices of SOEs.Supposing SOEs can withdraw freely as non.SOEs do,their indices will not necessarily be lower than the non-SOEs.If we take into account the input of the current period,the efficiency of SOEs is actually higher than that of non-SOEs.The author concludes that the notion that"SOEs are inefficient"is ungrounded and instead that historical factors and ’high withdrawal barriers’ are to blame for some low indices of SOEs.
文摘Physicochemical and sensory characteristics of restructured meat of common carp (Cyprinus carpio) fortified with 0-8 g/100 g of chia seed flour (CSF) was evaluated. It had a higher nutritional value (higher fibre content and protein retention] (p 〈 0.05) and better cooking characteristics (higher cooking yield and moisture retention) (p 〈 0.05) than the control. The colour (a*, b*) increased; lightness and whiteness index decrease (p 〈 0.05). Hardness increase (p 〈 0.05) occurred because of CSF addition. Differential scanning calorimetry showed that fibre fortification did not interfere with the thermal transitions of the restructured meat. No significant differences were detected with the preference test scores of 4% or 8% CSF compared with the control. Restructured (4%-8% CSF) had a higher content of fibre and fat, which could be linoleic and linolenic acid, and an increase in the content of protein compared with those of commercial products, among had 1.62 and 2.25 mg AGE/g. Therefore, the restructured properties of common carp were governed by CSF addition.
文摘ANSTEEL,one of the largest iron and steel producers in China,is a pioneer of high-quality development of China’s iron and steel industry,a spearhead of the rejuvenation of old industrial bases in the country’s northeastern provinces,and a pacesetter in the reform of state-owned enterprises(SOEs).
文摘At the present stage of the SOEs joint share system reform, the problem of distorted accounting information, the failed financial audit and the ensuing erosion of the state: Owned assets, have severely impeded the process of the SOEs reform. This paper conducts an in-depth analysis on auditing problems in the process of the SOEs reform from managerial points of view, makes the suggestion that we should introduce governmental audit into the auditing supervision of the SOEs reform, and discusses its methods, approaches, contents and procedures in detail. This paper also indicates the possible obstacles of implementing this suggestion.
基金sponsored by National Natural Science Foundation of China(Approval No.71772037,71628201)2018 Major Project of Beijing Research Center for Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era(Approval No.18ZDL16)。
文摘How are central SOEs driven by external context and internal value chain to perform their corporate social responsibility(CSR)?What is the relationship between various types of CSR?This paper divides CSR into strategic and responsive CSR,and uses case studies to discuss how central SOEs should fulfill their CSR commitments under the Belt and Road Initiative(BRI).This paper finds that under the BRI,China’s central SOEs face a host of challenges in their cross-border operations with respect to the legal environment,political risks,workforce competence,and supports to industries in host countries,and extend the value chain through industrial chain integration.All the above internal and external attributes may drive central SOEs to perform their strategic and responsive CSR initiatives,and responsive CSR could also reinforce strategic CSR initiatives.Finally,this study offers advice on how Chinese companies should perform CSR under the BRI.
文摘PetroChina has recently separated the lubricants assets of the two oil refining enterprises at Liaohe Oil Field and Yumen Oil Field and transferred them to PetroChina Lubricating Oil Company. As a result,the lubricating oil company has currently nine regional lubricants production plants nationwide with six regional sales centers and two research centers,forming a large-scale lubricants complex with integration of production, marketing and technical development.
文摘The opening ceremony for the restructured China Standardization Press was grandly held in Beijing on December 1st, Mr. Pu Changcheng, the vice minister of the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), Mr. Ji Zhengkun, the administrator of the Standardization Administration of China (SAC), Li Zhonghai, the chairman of China Association for Standardization (CAS) and the president of the China National Institute of Standardization (CNIS) attended and addressed at the ceremony.
文摘 Since the beginning of 2005, the central SOEs (state-owned enterprises) earnestly carried out and put into effect various strategies and policies as well as work plans of the Central Committee of the Party and the State Council.They kept forging ahead and carved out in an innovative spirit, and made great achievements worth celebrating in their various work.Both sales revenue and total profits of the central SOEs have been growing rapidly and synchronously, and the quality of the stateowned assets have been further improved and appeared a good momentum.……
基金supported by the Basic Research Funds of Hebei Academy of Agriculture and Forestry Sciences(2021070201)Natural Science Foundation of Hebei Province(C2019301097)China Agriculture Research System-Cotton(CARS-15-18).
文摘Restructuring tilth layers(RTL)is a tillage method that exchanges the 0–20 and 20–40 cm soil layers that can be applied during cotton cultivation to increase cotton yield,eliminate weeds and alleviate severe disease,including Verticillium wilt.However,the mechanism by which RTL inhibits Verticillium wilt is unclear.Therefore,we investigated the distribution of microbial communities after rotary tillage(CK)and RTL treatments to identify the reasons for the reduction of Verticillium wilt in cotton fields subjected to RTL.Illumina high-throughput sequencing was used to sequence the bacterial and fungal genes.The disease incidence and severity of Verticillium wilt decreased by 28.57%and 42.64%,respectively,after RTL.Moreover,RTL significantly enhanced bacterial richness and evenness at 20–40 cm and-reduced the differences in fungal evenness and richness between soil depths of 0–20 and 20–40 cm.The number of Verticillium dahliae decreased,while the relative abundance of biocontrol bacteria such as Bacillus and Pseudoxanthomonas increased significantly following RTL.Overall RTL improved bacterial diversity,decreased the number of Verticillium dahliae and increased the relative abundance of biocontrol bacteria,which may have suppressed the occurrence of Verticillium wilt in cotton fields.
文摘In order to carry out the arrangements of the State-owned Assets Supervision and Administration Commission of the State Council so as to deepen the reform of state-owned enterprises and to establish a modern enterprise system,CGWIC has been restructured to a limited liability company (legal entity wholly owned) from
文摘ACCORDING to an Economic Information Daily report on January 11, notable progress has been made in this classification process, which will be made public in the near future. A corresponding assessment scheme has also been formulated, Consequently, mixed ownership reform based on SOE classification will be accelerated.
文摘Ten governmental organizations recently issued a joint circular (No.762-2006, State Development & Reform Commission) to guide Chinese textile growth in the next five years (2006-2010). The circular, seriously taken as guideline policy, is given out amid aggravating factors for resources, environment, trade disputes, structural problems and other challenging issues that Chinese textile industry is supposed to address in