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《Frontiers》 2016-01
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State-owned Assets Management System: Reform, Improvement and Optimization

He Yuchang;Shi Yu;  
With the development of the market economy reform, industrial management disappears and asset management emerges in terms of the Chinese state-owned assets. After twists and turns, the two-tier state-owned assets supervision and administration commission(SASAC) mode has basically straightened out the state-owned assets management system. Yet the phenomena that the state-owned asset management deviates from the market economy principle also happen sometimes. For example, the concentration of power at the hands of the SASAC causes the new problem of non-separation of government administration and assets management; the public welfare nature of state-owned enterprises is weakened and monopoly emerges; the state-owned assets supervision mechanism is weakened and state-owned assets are eroded. To make state-owned assets management marketbased, the laws governing the market economy must be followed. Preserving and increasing the value of state-owned assets is the objective requirements of the market economy; state-owned assets as a factor of production must be allocated through the market mechanism; the areas that the state-owned assets could enter should be decided on a rational basis; the principle of "advancing in some aspects while retreating in others" must be upheld in the market operation of the state-owned assets. To make state-owned assets management market-based, the laws governing the development of enterprises must be followed. In managing state-owned assets, the principle of independent decision-making must be followed; the laws governing modern corporate governance and market-based selection of managers must also be followed.
【CateGory Index】: F123.7
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