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People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

author:State-owned assets are small and new

Xiao Xin said

Since its launch in 2020, the overall task of the three-year action of state-owned enterprise reform has been completed by 70%, the quality and efficiency of enterprises have been significantly improved, and a series of important stage results have been achieved. 2022 is the year of decisive victory in the three-year action of state-owned enterprise reform, and the reform of state-owned enterprises will be advanced in depth, go deep and solid, and ensure the high-quality conclusion of the three-year action.

On February 27, people's daily published on the front page that "70% of the goals and tasks of the three-year action of state-owned enterprise reform have been completed, and this year will make every effort to fight the final battle - the reform is advancing in depth, and the state-owned enterprises are full of vitality." Xiaoxin shares the full text for you.

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient
People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

General Secretary Xi Jinping stressed that state-owned enterprises are an important material foundation and political foundation of socialism with Chinese characteristics, and are the "top pillar" of the socialist economy with Chinese characteristics.

In 2021, central enterprises achieved operating income of 36.3 trillion yuan, an increase of 19.5% year-on-year; total profit of 2.4 trillion yuan, an increase of 30.3% year-on-year, and the main indicators hit the best level in history. Behind the eye-catching report card, it is inseparable from the in-depth promotion of state-owned enterprise reform - since the launch of state-owned enterprise reform in 2020, the three-year action of state-owned enterprise reform has successfully completed 70% of the goals and tasks, achieved a series of important stage results, and further enhanced the competitiveness, innovation, control, influence and anti-risk ability of the state-owned economy.

Fully implement the "two consistent" and improve the construction and operation quality of the board of directors

The modern enterprise system with Chinese characteristics is more mature

At the end of November 2021, the world's largest alkaline hydrogen production water electrolyzer with single-tank production capacity, developed by China Huaneng, was successfully rolled off the production line, marking that the mainland has successfully mastered the key technologies of high-performance large-scale electrolysis hydrogen production equipment. In November 2020, the outside directors of China Huaneng put forward suggestions for optimizing the layout of the group's hydrogen energy industry in the survey, and since then the group has conducted several special studies and established a hydrogen energy technology company to accelerate the promotion of related projects. In the past two years, China Huaneng has effectively promoted the scientific and efficient decision-making of the board of directors by giving full play to the role of outside directors as "decision-making experts and management consultants".

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

On November 26, 2021, the world's largest alkaline hydrogen production water electrolyzer with single-tank production capacity, developed by China Huaneng, was successfully rolled off the production line

With the construction of the board of directors as an important breakthrough, state-owned enterprises are speeding up the improvement of the modern enterprise system. Through the three-year action, state-owned enterprises at all levels have basically realized that the board of directors should be fully built, and the proportion of outside directors at the level of central enterprises and local state-owned enterprises has reached 99.3% and 94.2% respectively.

The board of directors should be widely covered, and it is even more necessary to improve its functions. Many state-owned enterprises have actively explored - COSCO SHIPPING has adopted a combination of internal transfer and external selection and recruitment, established a talent pool of outside directors, and regularly organized director performance training and board work training; organized several rounds of open selection and recruitment within the group, selected and formed a full-time director team of 46 people, and fully realized the full-time outside directors of second-level subsidiaries; Shenzhen Investment Holdings based on the functional positioning of state-owned capital investment companies, granted the board of directors the decision-making authority of domestic main business investment of no more than 20% of the net assets.

General Secretary Xi Jinping pointed out that adhering to the party's leadership over state-owned enterprises is a major political principle and must be consistent; the establishment of a modern enterprise system is the direction of the reform of state-owned enterprises, and it must also be consistent.

Through the implementation of the three-year action, the construction and operation quality of the board of directors of state-owned enterprises has been improved, and the strengthening of party leadership and the improvement of corporate governance have also achieved better unity. In view of the previous problems such as the relatively single pre-research and discussion method of the party group and the intersection with the decision-making content of the board of directors, China Southern Power Grid has innovated and explored three pre-research and discussion methods of "system review, comprehensive review, and one matter and one discussion" according to the characteristics of different matters. has made it clear that the board of directors will authorize the chairman and general manager to make decisions on some non-major business matters. At present, all central enterprise group companies and local-level enterprises, the vast majority of central enterprises and local important sub-enterprises have drawn up lists, which better clarifies the boundaries of power and responsibility between party organizations and boards of directors.

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

China Southern Power Grid wind power photovoltaic power generation utilization rate reached 99.8%

Completed a series of major strategic restructurings and professional integrations

The structure layout is more optimized

General Secretary Xi Jinping stressed that it is necessary to adhere to the policy of maintaining and increasing the value of state-owned assets, improving the competitiveness of the state-owned economy, and enlarging the function of state-owned capital, promote state-owned enterprises to deepen reform, improve the level of operation and management, strengthen the supervision of state-owned assets, and unswervingly make state-owned enterprises stronger, better and bigger.

China Star Network and China Electrical Equipment were established, Sinochem Group and ChemChina jointly reorganized, China Electronics Department reorganized China Putian, Angang reorganized Bengang Steel, the asset restructuring of the State Pipe Network Group was successfully completed, the professional integration of coal, medical and other fields was deepened, and the Tianyi Cloud and Offshore Equipment Innovation Platform accelerated the landing... In 2021, the restructuring and integration of state-owned enterprises will be steady and measures will be frequent.

-- Promoting strategic reorganization between central enterprises, between central enterprises and local state-owned enterprises, and between local state-owned enterprises, and accelerating the optimization and structural adjustment of the layout of the state-owned economy.

In May 2021, Sinochem Group and ChemChina achieved a "strong alliance" through restructuring, becoming an "industrial giant ship" with assets of more than one trillion yuan and more than 200,000 employees, enhancing the core competitiveness of central enterprises in the fields of seed source and chemical industry. After the reorganization, Sinochem has completed the integration of agricultural seed industry.

The key to achieving the restructuring goal of "1+1>2" lies in integration and integration. In the three years of action, China Shipbuilding continued to promote the institutional reform of the group headquarters, the professional reorganization and integration of the ship and sea service industry and think tank institutions, and newly established a major project management center, a future development research center and an equipment support center, etc., to stimulate chemical reactions through internal integration. Shandong Port Group reorganized and integrated the port resources in the province, classified and reorganized the non-traditional loading and unloading business of each unit, established a number of plate groups, and implemented business franchises, alleviating problems such as homogeneous competition and waste of resources.

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

11 400,000-ton large ships berth in Qingdao Port, Shandong Port, equivalent to nearly 20% of the world's 400,000-ton large ships berthed at one time

-- Promoting professional integration, improving industrial concentration and the core competitiveness of enterprises.

On December 6, 2021, China Logistics Group Co., Ltd. was established. This equity-diversified central enterprise was integrated on the basis of the logistics sector of the former China Iron & Steel and China Chengtong, and introduced China Eastern Airlines, COSCO SHIPPING and China Merchants as strategic investors at the same time. China's logistics business covers warehousing, transportation, packaging, cross-border e-commerce, international trade and other formats, laying the foundation for building a world-class modern logistics enterprise.

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

China Logistics Group Co., Ltd. was established

On December 23, 2021, another new central enterprise, China Rare Earth Group Co., Ltd., was established in Ganzhou, Jiangxi. China Rare Earth is integrated from the rare earth sector of China Aluminum, China Minmetals, Ganzhou Rare Earth and other companies, focusing on rare earth science and technology research and development, exploration and development, separation and smelting, deep processing, downstream applications, complete sets of equipment, import and export trade and other businesses, smooth the communication between the upstream and downstream of the rare earth industry chain and different fields, and strive to build a first-class rare earth enterprise group.

In 2022, the State-owned Assets Supervision and Administration Commission of the State Council will focus on accelerating the formation of a number of large-scale enterprises with clear plates and strong core competitiveness by promoting the professional integration between various types of enterprises and within enterprises.

Improve the incentive mechanism of science and technology, and create an original technology "source" and an industrial chain "chain leader"

The momentum of innovation is even more surging

Manned spaceflight success reports frequently, "Tianwen-1" landing on Mars, power-specific chip "Fuxi", extremely small diameter micro-drilling, extremely small diameter milling cutter and other key core technology breakthroughs, from major projects to key components, behind the achievements of scientific and technological innovation, there are central enterprises.

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

The Tianwen-1 probe and the Zhurong Mars rover take a group photo

General Secretary Xi Jinping pointed out that state-owned enterprises, especially state-owned enterprises affiliated to the central government, must strengthen their independent innovation capabilities and develop and master more national heavy weapons.

In the three-year action, state-owned assets and state-owned enterprises have taken a multi-pronged approach to deepen reform, so that the vitality of innovation has accelerated.

"We carry out 'unveiling the leader' in projects in the fields of urban renewal and rural revitalization, advocating 'who has the ability to unveil the list', applying the 'horse racing mechanism' in the technical research of major projects such as the Sichuan-Tibet Railway, and advocating 'who has the ability is the first'." The person in charge of China Construction said that under the promotion of scientific research investment and effective incentives, the company has harvested a number of intelligent construction technologies such as aerial building machines and intelligent tower builders, which has greatly improved the level of lean construction.

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

Chinese architecture "aerial building machine"

Related explorations are being widely promoted. In 2021, CNOOC launched a number of key scientific research projects under the "unveiling and taking command" system in its affiliated research institutes. Not subject to the threshold of position, rank, title and so on, researchers can "unveil the list" after forming an implementation plan according to the content of the list. After the project chief "takes command", he is not restricted by the salary level of the original post during the project operation, and the "project chief post award" is implemented to achieve "separation of ranks". Shandong Heavy Industry aims at key core technologies, sets up a "unveiling and marshaling" project, adopts an internal public bidding mechanism, clarifies the amount of project incentives and sets standardized incentive rules.

Annual appraisal bonus points, R&D expenses as profits added back, capital injection, total wages listed separately... In the three-year action, state-owned assets and state-owned enterprises have generally formulated and implemented incentive and guarantee mechanisms for scientific and technological innovation. In 2021, the R&D investment intensity of central enterprises will reach 2.5%, of which industrial enterprises will reach 2.9%.

The implementation of the innovative "policy package" has also taken solid steps to create a "source" and a "chain chief". In 2021, the State-owned Assets Supervision and Administration Commission issued guidance on promoting central enterprises to be the source of original technology and the chain leader of the modern industrial chain, and identified the first batch of 29 source enterprises and 6 chain-length enterprises. Relevant enterprises adhere to the national strategic demand orientation, highlight the key technologies, common technologies and cutting-edge technologies in the industry, and make positive contributions to the self-reliance and self-improvement of high-level science and technology.

Promote the tenure system and contractual management of managers, and deepen the reform of the three systems

The operating mechanism is more flexible

In January 2021, a signing ceremony was held at China Eastern Airlines – the group leaders signed the appointment agreement and performance responsibility letter with the R&D center and the general manager of China United Airlines respectively, kicking off the prelude to the tenure system and contractual management. In the past year, 97.8% of the companies in China Eastern Airlines Group have completed the signing of the contract.

Signing is very different from not signing. Compared with the previous performance appraisal, the tenure system and contractual management have increased the term contract, the assessment is more rigid, and the pressure is more solid - the "double 70" withdrawal clause of "the annual appraisal does not reach the 70 points of the percentage system" and "the main annual indicators do not reach 70%" stipulate that managers must withdraw when the continuous assessment during the term of office does not meet the standards.

At present, the proportion of sub-enterprises and local state-owned enterprises that have signed contracts with members of the managers has reached 97.3% and 94.7% respectively, basically establishing a new type of operation responsibility system under the modern enterprise system with Chinese characteristics. This year, the tenure system and contractual management of managers will achieve full coverage and high quality in the state-owned enterprise system, and all units with assessment will be included in the scope of contractual management.

The reform of state-owned enterprises is intended to optimize the operating mechanism and stimulate the potential of employees. With the implementation of the three-year action, the three institutional reforms have deepened.

Cadres can go up and down. In July 2021, CNOOC launched the three most intensive institutional reforms since 2003, all middle-level cadres "stood up and sat down" and "non-Ubi transfer", and the comprehensive performance of cadres for two terms did not reach "excellent" business positions, and the proportion of "lower" business positions exceeded 11%. In 2021, the number of managers of central enterprises and local state-owned enterprises competing for posts will reach 42.9% and 37.7%, respectively, and the proportion of the number of people with last-class adjustment and incompetent withdrawal will reach 4.5% and 3% respectively.

People's Daily: The reform has been deepened, and the vitality of state-owned enterprises has been more sufficient

CNOOC "Deep Sea No. 1" atmospheric field

Employees can come in and out. In 2021, promoted the transformation of surplus personnel in traditional industries into three new businesses, achieving a transformation of more than 5,400 people throughout the year and revitalizing human capital. Some power supply bureaus of China Southern Power Grid "fully carry the task back indicators", and vigorously implement the management mechanism of rotation, demotion, waiting for post, and withdrawal.

Income can increase or decrease. China Railway Construction continued to promote the project department of the project contracting sector to carry out excess profit sharing incentives, and 20% of the backbone employees distributed 80% of the excess profits, breaking the "big pot rice" at the project department level. Yunnan Yuntianhua implements excess profit sharing for key employees, innovative achievement incentives for technical research and development personnel, and performance bundling incentives for new business teams, so that employees with large contributions can obtain corresponding income.

General Secretary Xi Jinping stressed that it is necessary to unswervingly deepen the reform of state-owned enterprises, focus on innovating institutional mechanisms, accelerate the establishment of a modern enterprise system, give play to the enthusiasm, initiative and creativity of all kinds of talents in state-owned enterprises, and stimulate the vitality of various elements. The main responsible comrade of the State-owned Assets Supervision and Administration Commission of the State Council said that under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, will focus on key issues to overcome difficulties, decisively win the three-year action of state-owned enterprise reform, ensure the practical results of reform that can withstand the test of history and practice, and greet the victory of the 20th National Congress of the Party with practical actions. (People's Daily reporter Liu Zhiqiang, picture added by the editor)

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Responsible Editor 丨Tang Siheng

Executive Editor 丨 Liu Haicao Zhang Haoran

Content Source | People's Daily