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.

Discussion on the relationship between Construction of Forest Towns and Reform & Development of State-owned Forest Farms

In recent years, China's social economy has continued to develop. While paying attention to the pursuit of the economy, people are paying more and more attention to the pursuit of quality of life. China has vast territory and abundant resources, forest resources are particularly rich, in order to make full use of forest resources and regulate the use and protection of forests, China has promoted the development of forestry by deepening the construction and reform of state-owned forest farms, and using forest resources to obtain benefits to meet people's living needs. This paper explores the necessity and advantages of building a forest town by analyzing the reform and development situation of state-owned forest farms.

State-Owned Capital Participation in Private Enterprises:A Perspective of Debt Financing

This study takes debt financing as the entry point and explores the impact of state-owned capital participation in private enterprises from the perspectives of“unarticulated rules”and“articulated rules”.The study finds that state-owned capital participation significantly reduces the debt financing costs of private enterprises and expands the scale of their debt financing.This conclusion remains valid after a series of endogeneity and robustness tests.Further analysis of the mechanism reveals that state-owned capital participation improves the debt financing of private enterprises through multiple channels:Enhancing their social reputation,mitigating the“statistical bias”they face,optimizing their information quality,and reducing the“shareholder-creditor”agency problems.This paper conceptualizes these benefits as the“complementary advantages of heterogeneous shareholders”.This not only constructs a theoretical framework for“reverse mixed-ownership reform”but also better narrates the Chinese story of“mixed-ownership reform”by adopting a more universally applicable theory of equity structure.Additionally,the paper supplements existing research on the macro-and meso-level relationship between the government and the market by exploring the government’s positive role at the micro-level.

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.

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

30 years of reform of China's state-owned asset management system

Reform of China’s state-owned asset management system is an important component of China’s economic system reform,but also a key factor in rejuvenating the national economy.In this article,the authors analyzed the background of the reform,summarized the reform process and discussed related question on how to deepen the reform.

A study on state-owned forest area stakeholders' behavior

The development of state-owned forest area plays a very important role in the development of Chinese forest industry, and even in the construction of national economy. As the backbone of Chinese forestry development, it contributes to Chinese economic development, ecological environment protection and social progress. How to balance all stakeholders' interest and behaviors remains as one of the focuses in the study of sustainable development of forest areas. On this basis, researches were carried out and described in the paper. Firstly, the paper goes through the concept and scope of state-owned forest area in China; Secondly, it defines the stakeholders of state-owned forest area, and discusses over the problems in stakeholders' behaviors from the aspect of responsibility, rights and interests; and Finally, it designs the stakeholders' behaviors on the basis of existing problems and provides constructive suggestions on deeper reform of state-owned forest areas.

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...

Survey on the Peasants' Will of Forest Land Transfer in the Reform of Collective Forest Right System——On the Case of 180 Peasant Households in Lishui City of Zhejiang Province

Taking sample survey in the eighteen villages of Yunhe, Longquan and Qingyuan County of Lishui City of Zhejiang Province, the results show that the forest land transfer of sample peasants is mainly transfer-out, the private treaty of forest land transfer is the main pattern of most peasant households, forest right trading market hasn't got wide approval in peasants, peasants' dependence on land is reducing, and so on. Through analysis, the reasons of influent transfer of forest land include peasant's subjective will, less type of transfer objects, dull information communication, big difference of expected price and imperfect development of intermediary organization. In order to promote a healthy development of forest land transfer, the paper puts forward proposals of strengthening policy publicity, improving system, identifying property right, pushing variety of transfer types, developing forest land market, cultivating subject of market and so on.

Game analysis of Chinese stakeholders in collective forest rights system reform

In the current stage of Chinese forest ownership reform,the central and local governments as well as the forest farmers play different roles with variations in their expected returns.Managing these respective relationships between the forestry stakeholders to maximize their benefits while actively engaging each stakeholder in the collective forest ownership reform process has become an important issue.This study uses the game theory methodology to analyze the relationship between the different reform stakeholders and then builds on the forest farmers' participation in the reform model process at the reform movement micro-level.This model calculates the forest products equilibrium marketing sales and the government subsidies provided to the forest farmers,when the forest farmers willingly participate in the reform process.It will provide a reliable basis for formulation of government policies which positively impacts Chinese forestry reform.

Analysis of Factors Influencing Forest Farmers' Enthusiasm for Forest Culture and Management after the Completion of Reform of Collective Forest Right System

Taking Jiangshan City in Zhejiang Province for example,this article uses the binary logit choice model based on the field survey data,to study the factors influencing forest farmers'enthusiasm for forest culture and management after the completion of reform of collective forest right.Finally the following recommendations are put forth:further improving and implementing the forest ecological benefit compensation fund system;reforming the felling management mode and gradually establishing the sustainable forest management system based on forest management plan;improving the technology,market and information services to strengthen the forestry science and technology support;developing the specialty industries such as the bamboo industry and oil-tea camellia industry;developing the under-forest economy and cultivating the underforest industries with characteristics based on the local circumstances.

Innovation in Bio-disaster Prevention and Control Mechanism after Forest Tenure Reform at County Level

Taking Youxi County of Fujian Province as an example,the author introduced basic situations of new bio-disaster prevention and control mechanism for forest resource protection and social service works after the forest tenure reform.Then,the author analyzed new problems faced by bio-disaster prevention and control in forestry.Finally,the author present the existing problems of bio-disaster prevention and control at the county level from five aspects:innovating upon plant quarantine management mechanism;innovation upon survey methods and service modes of bio-disaster monitoring;strengthening and improving construction of bio-disaster monitoring and forecasting network;innovating upon management system for bio-disaster prevention and control;speeding up construction of service system for social prevention and control of bio-disasters.

Ecological Hidden Troubles and Countermeasures under Reform of Collective Forest Tenure

Three stages of reform of collective forest tenure after reform and opening up are reviewed.The reform of forest tenure brings sharp increase of economic benefit.However,due to forest farmers' subjective pursuit for economic benefit and objective lack of necessary economic,financial and technical support,ecological hidden troubles are created.Based on these,we put forward countermeasures,including strengthening forest farmers' awareness of ecological protection and solving ecological problems in accordance with actual conditions of the region.

System Change of Collective Forest Tenure Oriented to Deepening the Reform

We firstly introduce development background of new collective forest tenure reform.The situations indicate that the collective forest tenure reform has already stepped into comprehensive and in-depth stage.However,due to neglect of local demands and actual conditions,there appear problems of low operating efficiency of supporting measures and relevant policies and little effect of in-depth reform.Therefore,it is required to strictly distinguish the relation between system change of collective forest tenure and the in-depth reform.For the purpose of in-depth reform,in accordance with local situations of forest farmers and forestry organizations,requirements for system,as well as local reform conditions,we strictly divide system change of collective forest tenure into three types:induced institutional change,hidden induced institutional change and imposed institutional change.Then,we divide the imposed institutional change into weak institutional change and pure strong institutional change.

Problems in Use of Inefficient and Idle Forestland——A Case of Lutian Town

In order to improve fragile eco-environment and develop economy in mountainous regions, problems during use of barren mountains and forestlands were explored with Lutian Town as an example through a survey of 97 farm households in the research. The results showed that barren lands in Lutian Town were exten- sive and the barren rate was as high as 48.6%. It is notable that the rate is in- creasing as farmer ages and education declines. It is proposed that forestry cooper- atives should be established and land management laws and rules can be formulated to promote mountainous area economy and forestland use.

Mixed oligopoly,state-owned banks’shareholding reform and foreign capital penetration

This paper examines the impact of the policy on eliminating the ratio of foreign shareholding in banks in a mixed oligopoly model.Its analytic results show that state-owned banks should encourage privatisation along with an increasing proportion of the domestic share in multinational banks.Furthermore,we argue that the increase in domestic stockholding of multinational banks raises domestic private firms’profits but decreases their social welfare in the deposit market.The results of numerical simulation show that when the quantity of private banks is fixed,foreign banks tend to enlarge their stake and strengthen their controlling power.

Ways to Improve Low-Benefit Black Locust Forests in Loess Plateau

This paper presents a general standard for the low-benefit black locust （Robinia pseudoacacia L.） torests m Loess Plateau based on defining the concept of “tri-low forest”, and emphasizes the major factors which result in low-benefit black locust, such as, lack of soil moisture of forest and nutrient, breaching the principle of matching tree species to sites, and high density of forests. Based on different characteristics of low-benefit forests, following the principle of “adjusting measures to local conditions, giving priority to ecological benefits, assisting with economic benefits”, the authors put forward some technical ways to reform low-benefit black locust forests, for example, taking measurements of collecting runoff and storing water, lowering the forest density, introducing mixed forests and transforming species, directive breeding and so on.