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High-quality development trend of SOEs is highlighted by reforms to stimulate vitality
Xinhua News Agency, Beijing, October 9. Theme: The trend of high-quality development of core enterprises is highlighted by reforms to stimulate vitality.
Xinhua News Agency reporter Wang Xi
Core companies are the important backbone and backbone of the national economy. During the “Thirteenth Five-Year Plan” period, China’s core enterprises will operate more stably, have better structures, and be more innovative. This dazzling report card is the result of ongoing deep reform of state assets and SOEs in recent years. It also reflects the firm steps of core companies to overcome difficulties and move towards high-quality development.
Continuous development, “physical” is stronger
More than 500,000 5G base stations have been built and opened across the country; the highway and the bridge of the dual-purpose bridge of the Pingtan Strait were opened to traffic; the underground power station on the left bank of the Baihetan hydroelectric power station was dumped and plugged … In recent days, major projects and key projects from central companies have been frequently reported.
Since the beginning of this year, in the face of the sudden new corona pneumonia epidemic, the central companies have acted under orders to make efforts to ensure emergency supply, medical support, resumption of work and production and stabilization from the supply chain of the industrial chain, demonstrating the strength of the “great weapon of power.” And responsible. In June this year, the annual growth rate of revenue and net profit of core companies have turned positive.
If you don’t change your original intention, you will never stop fighting. Looking back at the “13th Five Year Plan”, the world economy is changing. Faced with the complicated situation of overlapping internal and external contradictions, the central state enterprises resolutely implement the new development concept and promote high-quality development requirements, and effectively play the “stabilizer” and “ballast” of the national economy effect.
Stable operation and increased strength: According to data from the State-owned Assets Supervision and Administration Commission of the State Council, at the end of 2019, the total assets of core enterprises reached 63.4 trillion yuan, an increase of 15.8 trillion yuan or 33.2% from the end of the period of the “Twelfth Five-Year Plan”; It was 22.2 trillion yuan, an increase of 6.3 trillion yuan or 39.9% from the end of the “Twelfth Five-Year Plan” period.
Profit improvement and design optimization: In 2019, the core enterprises achieved operating income of 31 trillion yuan and total profit of 1.86 trillion yuan, an increase of 35.6% and 51.7% respectively over 2015 ; the labor productivity of all employees of the central companies in 2019 was 563,000 per person. Yuan, an increase of 40.2% over the end of the “Twelfth Five-Year Plan” period. State-owned capital is further concentrated in important industries and key areas.
Innovation is infinite and shows high “research value”
On September 27, a large-diameter armoring machine with a maximum excavation diameter of 16.07 meters rolled off the assembly line at the China Railway Construction Heavy Industry Group’s Changsha First Industrial Park. This shield machine is 150 meters long and has a total weight of 4,300 tons.
“There is a Shenzhou in the sky, a dragon in the sea, and a shield on the ground.” The improvement of the technological level of the equipment manufacturing industry, such as protection machines, has condensed the efforts of the central state enterprises in recent years to focus on the industry, strengthen their core business, and vigorously implement the development strategy driven for innovation.
Innovation is the life of a company and the basis for a company to improve its core competitiveness.
As the backbone of building an innovative country, at the end of 2019, the central state enterprises had 733 national R&D platforms (including 91 key national laboratories) and 216 academics from the two academies; In 2019, R&D expenditures of central state-owned enterprises were 819.04 billion yuan. ; By the end of 2019, the core companies have a total of approximately 770,000 valid patents.
The large C919 passenger plane flew into the blue sky, the first domestically produced aircraft carrier was launched, the Beidou satellite was networked globally, and the “Tianwen 1” headed to Mars … During the period of the “Thirteenth Five-Year Plan, “the core enterprises have made rich scientific and technological innovations, and a number of world leaders Major achievements in advanced-level scientific and technological innovation.
While increasing investment in breakthroughs in key technologies, core state-owned enterprises are also focusing on building various “double innovation” platforms, pooling innovation resources and driving social innovation. “Overwhelming” business innovation and “untamed” technological advancement complement each other and are becoming an important source of new kinetic energy for economic development.
Reform without stopping to start a new journey
During the period of the “Thirteenth Five Year Plan”, the central state enterprises persisted unswervingly in the direction of market-oriented reforms, relied on reforms to respond to changes and open up new situations, and launched a charge towards reforms in the “zone. Deep Sea “, making continuous progress in important areas and key links.
—— Deepening of structural reforms on the supply side. By the end of 2019, the sale of 2,041 central government “zombie” companies had basically been completed, with a total of 114 million tonnes of coal and steel overcapacity and 16.44 million tonnes.
——The reform of the corporate system of the central companies has been completely completed and the basis of corporate marketization has been further strengthened; Progress has been made in building a modern business system with Chinese characteristics, and the core business group level has realized that the board of directors “builds as needed.”
——At the property rights level, central companies and equity capital have achieved a wide range of mix. Currently, the number of mixed-ownership companies represents more than 70%, and more than half of the state capital is concentrated in listed companies, such as electricity, civil aviation and telecommunications. Substantial steps have also been made in mixed reforms in key areas.
—— Through a strategic reorganization, the number of core companies has been adjusted from 106 in 2015 to less than 100. Total assets and net assets of companies whose main activities are in the oil and petrochemical, electric power, communications industries , military, machinery, construction and other industries account for the proportion of core enterprises Both exceed 90%.
At present, the global epidemic is still spreading, economic globalization is facing a counter tide, and the development of Chinese enterprises is facing a complicated situation that has rarely been seen for many years.
The harsher the development environment, the more important it is to use reform and openness.
The Commission for the Administration and Supervision of State-Owned Assets recently held a videoconference to comprehensively deploy the three-year action work for the reform of the central companies. Hao Peng, secretary of the Party Committee and director of the Commission for the Administration and Supervision of State-Owned Assets, stated that the core companies should focus and refocus, and strive to lead the way and set an example in the reform of the companies of state ownership in the new stage.
