Research on Mixed Ownership Reform of State-Owned Enterprises from the Perspective of Marxist Political Economy

Under China’s socialist system,state-owned enterprises are key forces driving the economic trajectory and providing strong momentum.These enterprises not only bear the crucial responsibility of advancing the process of national modernization but also serve as the core of the national economic lifeline through their irreplaceable status and function amidst changing times.In the new era,with the advent of the technological revolution and the wave of globalization,state-owned enterprises face unprecedented opportunities and challenges.As a significant aspect of state-owned enterprise reform,the mixed ownership reform is not only a transformation in the structure of enterprise ownership but also a reflection of China’s broader,comprehensive reform efforts.By deeply advancing this reform,it will help optimize the allocation of state-owned assets and significantly boost technological and management innovation within state-owned enterprises,ensuring their competitiveness in the intense market environment.Therefore,this paper will conduct an in-depth analysis of the mixed ownership reform of state-owned enterprises from the perspective of Marxist political economy.

Exploring New Ways to Deepen the Reform of State-owned Foreign Economic and Trade Enterprises

By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroughs. At present, the following aspects are important: 1. Implement a Holdings System in the Reform of State-owned Foreign Economic and Trade Enterprises. The holdings system plays a major role in transferring the management mechanism of state-owned foreign economic and

State-Owned Enterprises Continue to Reform

ALTHOUGHeconomicreformsinChinabegan20yearsago,staterownedenterprisereformstillremainsawidelydiscussedtopic.State-ownedenterpriseshavebeenthepillarsofChina'snationaleconomy.Duringthetimeoftheplannedeconomy,thestateprovidedallenterpriseswithproductionf...

New Policy on Reforming State-owned Enterprises

Inthereformofstate-ownedenterprisesinChina,whatmeasureswillbeadoptedbytheChinaStateEconomicandTradeCommission?Inanswertothisquestion,Mr.HouYunchun,spokesmanfortheChinaStateEconomicandTradeCommission,saidasfollows:Someneedtobeorganizedintolargergroups...

Reform of State-Owned Enterprises in Full Swing

Afterbewilderment,discussionandexperimentforyears,theSOEreforminChinawasfullyconductedin1999.Itwasunimaginablethatthemeasurestakenwerenumerousandthestrengthwereenormous.The4thPlenummadeabreakthroughintheoryThe4thPlenarySessionofthe15thCPCCentralCommi...

Research on Financial Performance of State-owned Enterprise Mixed Ownership Reform

Mixed ownership is an important form of realization of China＇s economic system reform and development, and it is also the main direction of state-owned enterprise reform. In order to further promote the deepening of the reform of mixed ownership, this paper randomly selects 200 listed state-owned enterprises as research objects, and studies the trends of the financial performance of these enterprises from the mixed state-owned enterprises and non-mixed-modification enterprises in the five years from 2013 to 2017, and compares their various trends. Financial indicators, a comprehensive evaluation of the problems and causes in the reform of the mixed ownership system, and then propose countermeasures to further deepen the reform of mixed ownership based on the research conclusions.

GLOBALIZATION AND RESPONSE OF LARGE STATED-OWNED ENTERPRISES IN AGRICULTURAL RELATED INDUS-TRIES: COMPANY CASE STUDIES FROM CENTRAL CHINA

By using interview data from three large state-owned enterprises (SOEs) in agriculture related industries, this paper reveals that SOEs in inland area are much slow in response to globalization. Although they pursued some strategies to adjust themselves, they are far behind the position to utilize the opportunities generated by economic globalization. Most of them are still out of the networks of transnational corporations. The strategies they adopted are quite different from SOEs in the coastal area. They overlook the importance of information infrastructure, well-educated personnel, and collaboration with the competitive leaders in their industries. The lagging situation is related to isolated location, traditional culture, and slow progress in enterprise reform. International comparison shows that the case companies did follow the general patterns that globalization promotes extension of company′s networks of linkages but in a rather slow phase. The decision makers should encourage intra-regional linkages between SOEs, between SOEs and private, foreign owned companies, as well as inter-regional linkages among them. The latter appears particularly important given the enlarging gaps between coastal and inland areas.

State-owned Enterprises' Outward Investment and the Structural Reform in China

Since China＇s accession to the WTO in 2001, China has been on a steep learning curve in terms of engaging in outward direct investment, and state-owned enterprises （SOEs） have played a predominant role in this drive. We argue that investment overseas by SOEs is a double-edged sword as far as its impact on domestic reform is concerned. Investing overseas offers opportunities to deepen structural reform in China, but such investment could also strengthen the monopoly position of some SOEs, which is inconsistent with the objective of domestic reform. Therefore, it is important for China to deepen domestic reform with respect to competition, ownership and regulations, to maximize the benefits from investing overseas＇. The present paper also discusses how building market-compatible institutions will resuh in increased innovation. This provides opportunities for Chinese firms to effectively catch up with the advanced technologies to remain competitive in overseas markets.

Private Placement,Employee Ownership Plan and Mixed Ownership Reform--A Case Study of Wuliangye Listed Company

The reform core of state-owned enterprises is to develop mixed-ownership’s economy effectively,therefore there are so many large-and medium-sized state-owned enterprises using a variety of resources,adopting various ways to realize mixed-ownership reforms,enriching the theories of mixed-ownership reform,and creating a large number of practical samples.Wuliangye Company,as a very famous making liquor company in China,has issued a large of new stocks to excellent dealers,administrative staffs,and outstanding employees,so that the company can draw into massive private capital in 2016,so Wuliangye Company have made the first step about mixed-ownership reform among Chinese state-owned enterprises.Through comparing the quantity of monetary capital and asset-liability ratio of Wuliangye Company before and after directional issuing new stocks,the distrust about only adding money and welfare tool for relative benefit people can be eliminated.Moreover,the affection of directional issuing new stocks can promote Wuliangye Company dealers and employees to hold shareholdings,and optimize ownership structure.Wuliangye Company has got the exploration for optimizing equity structure to solid foundation for speeding up stated-owned enterprises reform paces,also providing some useful experiences of other mixed-ownership reform,and the ways and patterns are worthy of learning and studying.

WTO国有企业相关问题:局限、趋势及对策

国有经济已经成为世界经济的重要组成部分,在全球范围内形成了不容小觑的竞争力量。为避免国有企业利用自身优势扭曲国际贸易,世界贸易组织采取“利益接受者”与“利益提供者”两种范式对国有企业相关问题作出规定,形成国有企业的基本规则框架,但相应规则存在适用范围有限、约束色彩较弱及界定标准不清等缺陷,为确保国有企业公平贸易及合规经营带来法律障碍。新一代国际经贸相关规则以竞争中立原则为导向,具有扩展国有企业非歧视义务、强化商业考虑要求及透明度要求、发展非商业援助条款及确立例外与过渡条款的趋势,一定程度上反映了多边贸易体系关于国有企业问题的改革方向。中国应以相应趋势为导向,通过参与国有企业规则谈判、争取例外与过渡条款、深化国有企业混合所有制改革及完善国有企业信息披露义务等方法,应对国有企业规则变革。

Building State-owned Assets Supervision System and Conducting Mixed Ownership Reforms to Reinforce Each Other’s Collaboration

Improving the state-owned assets supervision system(SOASS)can effectively get over the defects of systems and mechanisms and further promote the reform of mixed ownership of state-owned enterprises(SOEs);and the deepening of the reform can advance the change of the SOASS to the supervision on capital.By analyzing the relationship between the SOASS and the reform of mixed ownership of state-owned enterprises,we have found that collaborative promotion of the change of the SOASS to the supervision on capital and promotion of the reform of mixed ownership can do good to ameliorating the corporate management mechanism,improving the market-oriented management mechanism of enterprises and completing the medium-and long-term incentive mechanisms,etc.to enhance business operation efficiency.Due to such prevailing problems as relative dispersion and vagueness of the policies relating to deepening the reform of SOEs,inconsistent progress of the reform of state-owned assets(SOAs)and SOEs,and corporate reform focusing on apprence,improving the SOASS and deepening collaborative development of the reform of mixed ownership of SOEs are hindered by some constraints.To construct and improve the SOASS and the reform of mixed ownership collaboratively,we should make efforts to promote the reform in the following five aspects,namely,placing importance to policy coordination,boosting synchronism of the reform of SOAs and SOEs at different levels and in different areas to coordinate the nationwide reform of SOAs and SOEs,facilitating reform of the mechanism of enterprises of mixed ownership through mixed capital,and promoting the SOASS and stimulating classified monitoring and reform of mixed ownership based on classified reform of SOEs.

中国(上海)自贸试验区实施竞争中立操作方案设计

当前,竞争中立规则已受到国际范围的广泛关注。按照国际通行的竞争中立规则,我国国有企业享受的"税收优惠""财政补贴"等政策可能会被认定为"竞争非中立"。对此,建议在中国(上海)自贸试验区实施竞争中立政策,一方面可加快上海自贸区与国际通行规则接轨,另一方面也可推动国有企业改革,提升国有企业效率和市场竞争力。

全球多边贸易体系变革背景下的竞争中立规则

欧美主导的竞争中立规则主要在所有制中立、公共机构界定、特殊和差别待遇原则方面挑战WTO体系下的国际贸易投资规则。然而,任何规则的存在与发展都具有一定的时代特征,竞争中立规则发展及演进的实质是国家之间的制度竞争、国际新形势下技术竞争、守成大国与新兴大国之间的博弈。通过构建中美竞争中立规则制定的不完全信息重复博弈认为,竞争与合作是博弈的主要特征,耐心系数是决定中美在系列博弈中取得进展的重要影响因素,其中中国的耐心系数很大程度与国内市场化改革诉求有关。在全球多边贸易体系亟需改革、贸易争端频发的背景下,对外如何发出中国声音、减少压力,对内如何真正落实竞争中立原则、推进国有企业改革是我国发展的重点。