"Accurate problem identification and practical suggestions were highlighted. The research team conducted in-depth investigations, pinpointed key issues, and provided precise recommendations. Relevant departments must carefully review, fully adopt, and implement these suggestions," said Chen Qunwei, Party Secretary of Nanhu District, during a consultation event. He engaged in face-to-face discussions with members of the Chinese People's Political Consultative Conference (CPPCC) and non-party representatives on deepening market-oriented reforms of state-owned enterprises (SOEs) and enhancing core competitiveness.
Earlier, the District CPPCC Economic, Population, Resources, and Environment Committee, along with the District Party Committee's United Front Work Department, formed a research team. They conducted extensive surveys in neighboring counties and state-owned enterprises, gathering opinions and suggestions, which resulted in five research reports. These efforts laid a solid foundation for the high-quality "face-to-face" consultation meeting.
During the symposium, the CPPCC research team and committee members delivered thematic speeches on systematically advancing SOE marketization reforms, revitalizing idle state-owned assets, SOE fund investments, and talent development.
Member Shang Hong proposed implementing a "one-enterprise-one-policy" differentiated development strategy and regulatory model for core platform companies such as Nanhu Investment Group, Chengfa Group, Jiake Group, and Jiaxiang Group. Effective industry integration and governance improvements would foster strategic synergy, complementary advantages, and healthy competition.
Member Xu Hailong emphasized accelerating the revitalization of idle state-owned assets in Nanhu District. He suggested strengthening asset management and data infrastructure, innovating diversified revitalization models, and utilizing tools like Real Estate Investment Trusts (REITs) and Commercial Mortgage-Backed Securities (CMBS) to achieve asset appreciation through securitization.
Addressing challenges in SOE fund operations, such as difficulties in exit strategies and weak reinvestment effects, Member Zhou Liming recommended establishing a refined management system covering the entire "investment, management, and exit" cycle. Performance evaluations should be linked to management fees, while a fault-tolerant mechanism could encourage bold investments. Enhancing team professionalism and decision-making efficiency would empower regional industrial upgrades.
Member Zhu Xiaolong expressed gratitude for the district government’s strong support for the proposal "Deepening Market-Oriented SOE Reforms to Enhance Core Competitiveness." He suggested performance-based differentiated compensation systems and exploring long-term incentive mechanisms to motivate core talent.
With 20 years of experience in Nanhu’s SOEs, Member Chen Xiaohong advocated for a "fault-tolerant and corrective" mechanism to embolden reformers. Balancing efficiency and fairness would transform SOEs into pioneers of high-quality development and drivers of common prosperity.
Chen Qunwei emphasized that state-owned enterprises are vital to Nanhu’s high-quality growth. Optimizing the layout and structure of the state-owned economy, strengthening capital and enterprises, and enhancing core competitiveness are essential. He stressed leveraging reforms to meet market demands and thrive in competitive environments.
Zhang Jian, Chairman of the Nanhu District CPPCC, thanked the District Party Committee for its consistent support. He urged CPPCC organizations and members to focus on key reform areas, contributing high-quality suggestions to advance the district’s development and translate institutional strengths into governance efficacy.
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