“Opinions of the Guangdong Provincial Committee of the Communist Party of China on Implementing the Spirit of the Third Plenary Session of the 20th CPC Central Committee and Further Deepening Reform and Taking the Lead in Promoting Chinese-style Modernization” was released, which mentions deepening the reform of state-owned state-owned enterprises. Focus on the “three concentrations” and further promote the optimization of the layout and structural adjustment of the state-owned economy. Promote strategic restructuring and specialized integration in the fields of ports, shipping, etc., and promote the formation of a systematic industrial layout in strategic emerging fields. Accelerate the securitization of high-quality state-owned assets. Improve diversified investment mechanisms for enterprises across the country to innovate and create, and optimize the implementation of medium- and long-term incentive mechanisms in various forms, such as the empowerment of scientific and technological achievements and equity dividends. Deepen the reform of state-owned capital investment and operating companies, build a specialized platform for investment layout, integrated operation, and entry/exit circulation, and promote the revitalization of existing assets and the disposal of inefficient and ineffective assets. Improve the operating budget and performance evaluation system for state-owned capital, improve the profit distribution and revenue handover mechanism for state-owned capital, and strengthen capital injection to support the high-quality development of state-owned enterprises. Improve the classification, assessment and evaluation system for state-owned enterprises, and establish an evaluation system for state-owned enterprises for carrying out strategic missions. Improve institutional mechanisms for management and supervision, and optimize supervisory measures in key areas such as investment mergers and acquisitions, financing guarantees, asset disposal, and management of overseas branches.

“Opinions of the Guangdong Provincial Committee of the Communist Party of China on Implementing the Spirit of the Third Plenary Session of the 20th CPC Central Committee and Further Deepening Reform and Taking the Lead in Promoting Chinese-style Modernization” was released, which mentions deepening the reform of state-owned state-owned enterprises. Focus on the “three concentrations” and further promote the optimization of the layout and structural adjustment of the state-owned economy. Promote strategic restructuring and specialized integration in the fields of ports, shipping, etc., and promote the formation of a systematic industrial layout in strategic emerging fields. Accelerate the securitization of high-quality state-owned assets. Improve diversified investment mechanisms for enterprises across the country to innovate and create, and optimize the implementation of medium- and long-term incentive mechanisms in various forms, such as the empowerment of scientific and technological achievements and equity dividends. Deepen the reform of state-owned capital investment and operating companies, build a specialized platform for investment layout, integrated operation, and entry/exit circulation, and promote the revitalization of existing assets and the disposal of inefficient and ineffective assets. Improve the operating budget and performance evaluation system for state-owned capital, improve the profit distribution and revenue handover mechanism for state-owned capital, and strengthen capital injection to support the high-quality development of state-owned enterprises. Improve the classification, assessment and evaluation system for state-owned enterprises, and establish an evaluation system for state-owned enterprises for carrying out strategic missions. Improve institutional mechanisms for management and supervision, and optimize supervisory measures in key areas such as investment mergers and acquisitions, financing guarantees, asset disposal, and management of overseas branches.