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Hao Peng, director of the state owned assets supervision and Administration Commission of the State Council, said in a speech at the meeting of heads of state-owned enterprises that a three-year action plan for the reform of state-owned enterprises would be put into effect early next year. SASAC also made it clear that the central enterprises will be responsible for the main business again next year. All central enterprises should strictly control the proportion and direction of investment in non main business and accelerate the separation of non main business and non advantageous business. At the same time, the restructuring and integration of areas with prominent problems of repeated investment and homogenization competition are expected to speed up, and the specialized integration of equipment manufacturing, chemical industry, offshore engineering equipment, overseas oil and gas assets and regional integration of coal and power resources will become the focus of work.
According to the information released at the meeting, the next step to promote "mixed reform" will be to pay more attention to the rational design and adjustment of the equity structure, focus on introducing strategic investors with high matching, high recognition and high coordination, and explore the establishment of a scientific and efficient differentiated management and control mode, Xinhua News Agency reported on Wednesday, citing the contents of the meeting. "In the mixed reform, we should firmly ensure that state-owned assets are not lost and corporate leaders are not corrupt," said Hao Peng, who said that central enterprises should strengthen the management of joint-stock enterprises to prevent "no matter what investment is".
He said that under the guidance of good deregulation, SASAC will further promote "deregulation services" next year, comprehensively implement the management system of the list of rights and responsibilities, dynamically adjust the list of authorization and delegation of powers, and give enterprises more autonomy. The most important task of reform is to reorganize and establish state-owned capital investment and operation companies (two types of companies). Up to now, at the level of central enterprises, SASAC has carried out two types of pilot companies in 21 enterprises in three batches. Hao Peng said that in the next step, SASAC will, on the one hand, continue to increase the authorization for the pilot enterprises of the two types of companies, and on the other hand, will reorganize or form new two types of Companies in due time.


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