State Administration for State-owned Enterprises and Assets: Proactively Plan and Implement a Batch of Major Projects and Landmark Projects

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Abstract generation in progress

Securities Times Reporter Jiang Lan

On March 16, the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council held an expanded meeting. The meeting emphasized the need to strengthen guidance for central enterprises to continue serving as stabilizers and ballast for the national economy, to keenly grasp changes in the situation, to scientifically and reasonably set operational goals, to strive to expand development space, to focus on improving operational quality, and to concentrate on “two重” and “two新” (two key areas and two new initiatives). It called for early planning and implementation of major projects and landmark engineering, efforts to expand effective investment, tightening and solidifying main responsibilities, and firmly safeguarding the bottom line of preventing systemic risks.

The meeting proposed accelerating the cultivation and expansion of new quality productivity in central enterprises, resolutely serving as the national team to promote high-level technological independence and self-reliance, and as the main force in building a modern industrial system. It emphasized strengthening original innovation and tackling key core technologies, increasing the proportion of basic research investment, leading openness in scenarios, accelerating the transformation of scientific and technological achievements into productive forces, deeply implementing the “AI+” special action for central enterprises, speeding up digital and intelligent transformation, and tailoring efforts to accelerate the development of a batch of emerging pillar industries.

Regarding further deepening reform of state-owned assets and enterprises, the meeting clarified that efforts should focus on promoting the “three集中” (centralization of state capital), accelerating the optimization and restructuring of the layout of the state economy, guiding and promoting central enterprises to further improve the modern enterprise system with Chinese characteristics, deepen the reform of the three systems, strengthen remuneration management, fully stimulate enterprise vitality, further improve the supervision and management system of state assets, deepen classified assessments of “one enterprise, one policy,” enhance transparent supervision and effectiveness, and continuously strengthen the core functions and competitiveness of state-owned enterprises.

The meeting emphasized the need to unwaveringly promote central enterprises to serve the national strategic overall situation, resolutely safeguard national security, assist in building a new development pattern, enhance global resource allocation capabilities, strengthen the supply and price stability of basic products, continuously safeguard and improve people’s livelihoods, and promote common prosperity. It also called for unwavering efforts to comprehensively and strictly govern the Party, to consolidate the achievements of the national enterprise Party building meetings, to deepen education on establishing and practicing correct performance views, to further solidify the responsibilities of Party governance, to intensify the crackdown on corruption in key areas, and to create a clean and upright political environment.

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