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Speed up the reform of monopoly industries


romote the market-oriented reform of the railway industry and the oil and gas industry in competitive sectors, and carry out comprehensive pilot projects for the market-oriented reform of railway freight transport. Promote the separate operation of universal postal service business and competitive business. Open up the power grid design and construction business market. Before the end of the year, the State Grid Corporation’s equipment manufacturing enterprise will be divested, and a new transmission and distribution equipment group will be established with China Xidian Group... This year, many departments have released clear signals that my country’s multiple monopoly industry reforms will welcome Here comes a new breakthrough.

Industry insiders believe that the reform of monopoly industries should be closely integrated with the reform of state-owned enterprises. It is expected that with the implementation of the three-year reform of state-owned enterprises, the reform of monopoly industries will be further deepened. While further liberalizing competitive businesses, state-owned enterprises in monopoly industries can expand market access for private enterprises through mixed reforms and other methods.

Power grid companies are speeding up the divestiture of competitive businesses such as equipment manufacturing. The reporter of "Economic Information Daily" learned that according to the implementation plan for deepening the reform of the competitive business of power grid companies issued a few days ago, by the end of 2021, the equipment manufacturing enterprises of the State Grid Corporation will complete the divestiture. At the same time, provincial-level power grid companies must also withdraw from equipment manufacturing companies that have a controlling stake. In addition, power grid companies should open the power grid design and construction business market, and implement list management for power grid wholly-owned and holding companies.

Liu Xianwei, Director of the Enterprise Research Office of the Economic System and Management Institute of the National Development and Reform Commission, pointed out that the national backbone power transmission grid is a natural monopoly business, while the manufacturing, design, and construction of power grid-related equipment are competitive businesses. Competitive businesses need to be fully marketed. Only in this way can fair competition be achieved.

The spin-off and liberalization of the competitive business of power grid companies is a microcosm of the accelerated implementation of the reform of monopoly industries this year. Zhao Chenxin, secretary general of the National Development and Reform Commission, revealed at a press conference held on January 19 that in 2021, the reform of key industries will be further promoted. Promote the market-oriented reform of competitive businesses in the oil and gas industry, and continue to advance the reform of the power system. Promote the reform of the railway freight market and carry out comprehensive pilot projects for the reform of the railway freight market.

Recently, Hao Peng, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of the State Council, mentioned in a signed article on the in-depth implementation of the three-year reform of state-owned enterprises that it is necessary to deepen the reform of natural monopoly industries in key industries and fields such as power grids, telecommunications, railways, oil, and natural gas. Liberalize competitive businesses and further introduce market competition mechanisms.

The National Transportation Work Conference has made it clear that in 2021, the market-oriented reform of competitive links in the railway industry will be promoted. Promote the separate operation of universal postal service business and competitive business. Improve policies to support the development of the private economy in transportation and small and medium-sized enterprises. The National Energy Work Conference emphasized that in 2021, we will speed up the construction of a unified national power market system and encourage grid companies to divest equipment manufacturing business as soon as possible.

Liu Xingguo, a researcher at the Research Department of the China Enterprise Confederation, believes that from the perspective of better promoting the implementation of reforms in the monopoly sector, it may be necessary to establish a private capital joint investment fund, or a joint investment fund of state-owned capital and private capital, or through a state-owned monopoly enterprise. Introduce private capital to implement mixed reforms to truly open the door to private capital in specific monopoly areas.

As an important breakthrough in the reform of state-owned enterprises, in recent years, my country's state-owned enterprise mixed ownership reform has made a series of positive progress. At the press conference of the State Council Information Office held on January 19, Peng Huagang, secretary general and spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council, said that since 2013, central enterprises have implemented more than 4,000 mixed reforms and introduced more than 1.5 trillion yuan in social capital. The number of centrally owned enterprises with mixed ownership accounted for more than 70%, an increase of nearly 20% from the end of 2012. The number of mixed-ownership households in local state-owned enterprises accounted for 54%, and the introduction of social capital exceeded 700 billion yuan. Pilots for mixed ownership reforms in key areas such as power, civil aviation, telecommunications, and military industry are progressing steadily. Listed companies have become the main carriers for the mixed reform of central enterprises. The total assets and profits of listed companies controlled by central enterprises account for 67% and 88% of the total of central enterprises. .

2021 will be the year for the three-year action of state-owned enterprise reform, and is a crucial year for connecting the past and the next. Peng Huagang said that he will deepen the reform of mixed ownership, promote the deep transformation of the operating mechanism of mixed ownership enterprises, optimize the ownership structure, and explore the implementation of differentiated control. Railway, telecommunications and other industries have also clarified the reform construction plans for 2021. For example, China Unicom has proposed to unswervingly deepen the reform of mixed ownership and strive to achieve high-energy operations.

Liu Xianwei, director of the Enterprise Research Office of the Economic System and Management Institute of the National Development and Reform Commission, believes that the reform of monopoly industries should be closely integrated with the reform of state-owned enterprises. In the future, efforts to promote mixed reforms in monopoly sectors will continue to increase. Market-oriented reforms in competitive sectors such as oil, natural gas, power grids, telecommunications, and public utilities are expected to accelerate and upgrade, and industry concentration and corporate competitiveness will be further enhanced. Article information source-China Net

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