Abstract
Based on the neoclassical micro theory, this paper expounds those state-owned enterprises, as the micro main body of the market, have the function of guiding private and small-micro enterprises to fully participate in competition and promote each other’s development, analyzes that this function cannot be replaced by other micro main bodies of the market, and emphasizes the role of state-owned enterprises in the development of national economy through the neoclassical micro theory. By collecting and understanding the spirit of the three-year action plan for the reform of state-owned enterprises and the “1 + N” policy system for the reform of state-owned enterprises issued by the SASAC of the State Council in 2020, and in combination with the increasingly cautious supervision of the use of financial funds by the central and local governments, the local governments have accordingly adjusted and changed the investment and financing mode. This transformation is appropriately closely related to the ongoing reform of state-owned enterprises and regional industrial upgrading. It is a challenge and opportunity that local governments must face at this stage to comprehensively promote the vigorous development of regional industries through the reform of state-owned enterprises. As a leading demonstration area of socialism with Chinese characteristics, Shenzhen has formulated an effective reform action plan in the reform of state-owned enterprises and took the lead in implementing the Fund Group Strategy. By adopting the equity investment model, improve the use efficiency of financial funds, comprehensively lead the industrial transformation and upgrading development, to promote the common development of private enterprises. This paper also summarizes the results in the process of practice, in order to provide practical reference and model for the reform of state-owned enterprises, the development of service industry and the development of private economy in the new era.
Y. Li—Ph.D., worked in China Center for Special Economic Zone Research (CCSEZR), Post-doctoral Workstation for First-level Theoretical Economics, Shenzhen University.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
Notes
- 1.
Liu (2020).
- 2.
See for details as follows: http://www.gov.cn/xinwen/2018-10/09/content_5328968.htm.
- 3.
(Remarks: In the Fig. 1, letter S stands for Supply, p stands for price, \(\tilde{p }\) stands for equilibrium price, \({p}_{mono}\) stands for monopoly price).
- 4.
See for details as follows: http://www.gov.cn/zhengce/content/2014-10/02/content_9111.htm.
- 5.
Excerpt from the three-year reform action plan for state owned enterprises on the official website of the state-owned assets supervision and Administration Commission of the State Council.
- 6.
Song said: “Enterprise is the most basic carrier of the combination of workers and means of production, and it is the cell that constitutes the economic relationship of ownership by the whole people. Without the support of state-owned enterprises with the nature of ownership by the whole people, there will be no direct combination of workers and means of production, and there will be no real socialist state-owned economy with the nature of ownership by the whole people”.
- 7.
Data source: Xinhuanet, China news network.
- 8.
Data source: Xinhuanet, China news network.
- 9.
See: public information of Shenzhen SASAC.
- 10.
See: Shenzhen SASAC website “Implementation plan for comprehensive reform of regional state-owned assets and state-owned enterprises in Shenzhen”, http://gzw.sz.gov.cn/zwgk/zcfgjzcjd/zcfg/content/post_4562753.html.
- 11.
Data source: Shenzhen SASAC website.
- 12.
- 13.
- 14.
- 15.
See: https://www.szcgc.com/.
- 16.
- 17.
See: http://www.kpcapital.cn/.
- 18.
- 19.
- 20.
See: http://www.sec.com.cn/.
- 21.
See: http://www.cmbchina.com/.
- 22.
- 23.
- 24.
- 25.
See: http://www.tsfof.com/.
- 26.
- 27.
See: http://www.jptoe.com/.
- 28.
- 29.
See: http://www.fujipcb.cn/.
- 30.
- 31.
- 32.
See: http://www.szcsot.com/.
- 33.
- 34.
- 35.
See: https://www.szrcaj.com/.
- 36.
See: http://www.szbus.com.cn/.
References
Liu, H.: “Accelerating the construction of a new development pattern with domestic circulation as the main body and domestic and international double circulation promoting each other”, excerpted from the website of the Central People’s Government of the People’s Republic of China (2020). http://www.gov.cn/xinwen/2020-11/25/content_5563986.htm
Liu, X.: Structural changes and economic growth in China’s 40-year of reform and opening up. J. Yangzhou Univ. (Hum. Soc. Sci. Ed.) 2018(06), 5–17 (2018)
Liu, X.: Chinese urbanization. J. Hunan Univ. 2021(5), 34–49 (2021)
Lu, Y.: Give Full Play to the Important Role of State-Owned Enterprises in Economic Growth. Economic Reference Daily, 17 May 2021, (05), Edition 007 (2020)
Guo, F.: Historic Achievements in the Reform of State-owned Enterprises (Commemorating the 40th Anniversary of Reform and Opening up). People’s Daily Theory Edition, 19 November 2018, (11), Edition 009 (2018)
Song, F.: On the consistency of ‘state-owned enterprises become stronger, better and bigger ’and ‘state-owned capital become stronger, better and bigger’. Polit. Econ. Rev. 2018(03), 3–15 (2018)
Xi, J.: Vigorously support the development and growth of private enterprises. In: Xi Jinping’sThird Volume of Governing the Country, vol. 2018, no. 11, pp. 263–268. Foreign Language Press (2018)
Szanyi, M.: Seeking the Best Master: State Ownership in the Varieties of Capitalism. Central European University Press (2019). Chapter 1, 2, 3, 5, 8, 9,10
Stigler, G.: The theory of economic regulation. Bell J. Econ. 2(1), 3–21 (1971)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 Springer Nature Switzerland AG
About this paper
Cite this paper
Li, Y. (2022). Research on the Shenzhen Mode of China’s State-Owned Enterprise Reform Serving Industrial Development in the New Era. In: Serhani, M.A., Zhang, LJ. (eds) Services – SERVICES 2021. SERVICES 2021. Lecture Notes in Computer Science(), vol 12996. Springer, Cham. https://doi.org/10.1007/978-3-030-96585-3_7
Download citation
DOI: https://doi.org/10.1007/978-3-030-96585-3_7
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-96584-6
Online ISBN: 978-3-030-96585-3
eBook Packages: Computer ScienceComputer Science (R0)