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Sasa News | New regulatory policy

author:State-owned assets report
Sasa News | New regulatory policy

01

The State-owned Assets Supervision and Administration Commission of Jilin Province and the State-owned Assets Supervision and Administration Commission of Changchun Municipality held special training courses to enhance the ability of directors of state-owned enterprises to perform their duties

From April 17 to April 22, the State-owned Assets Supervision and Administration Commission of Jilin Province and the State-owned Assets Supervision and Administration Commission of Changchun Municipality held a special training course on "Directors' Ability to Improve the Performance of Duties of State-owned Enterprises in Jilin Province". The purpose of this training is to deeply study and implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, help directors of state-owned enterprises in Jilin Province update their concepts, broaden their thinking, enhance their skills, improve their ability to perform their duties, further improve the standard operation level of the board of directors of state-owned enterprises in the province, consolidate the foundation for high-quality development, and provide support for strengthening and improving state-owned capital and state-owned enterprises. Zhang Zhixin, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of Jilin Province, pointed out that the three-year action of state-owned enterprise reform has achieved remarkable results, and the direction of the new round of state-owned enterprise reform is to build a modern new state-owned enterprise, continuously deepen reform, and accelerate the improvement of modern corporate governance of state-owned enterprises with Chinese characteristics is an urgent need for reform. State-owned enterprises in Jilin Province will continue to unify the party's leadership with the construction of the board of directors, integrate the party's leadership into all aspects of corporate governance, continuously standardize the functions undertaken by the board of directors, further play the role of special committees in the decision-making of the board of directors, continuously improve the construction of the outside director team, and effectively improve the ability of directors to perform their duties, so as to promote the corporate governance system and governance ability to a new level.

02

State-owned assets and state-owned enterprises in Shandong Province comprehensively seek benchmarks and benchmark to build world-class enterprises

In May, Shandong formulated the "Opinions on Carrying out Benchmarking and Striving for First-class Action", issued 10 management measures such as "Implementation Opinions on Promoting the High-quality Development of Provincial Holding Listed Companies", and opened special rectification projects such as "the integration of party leadership into corporate governance is not effective enough", so as to comprehensively improve the background of high-quality development of state-owned assets and state-owned enterprises. Shandong provincial enterprises will screen and determine the cultivation list of first-class enterprises, specialized and special new enterprises and single champion enterprises in the industry in accordance with the principle of hierarchical classification and comprehensive creation, and study and formulate ideas and specific measures for striving for innovation on a house-to-house basis with "one enterprise, one policy" and "one industry and one policy". By the end of the "14th Five-Year Plan", state-owned enterprises in Shandong Province will build more than 7 world-class enterprises, more than 15 first-class enterprises in the industry, and more than 100 specialized, specialized, special and new and single champion enterprises. On the basis of the "one profit and five rates" index system, this year Shandong will further determine the target of provincial enterprises as "two highs, one stability and five improvements", that is, the growth rate of operating income and total profit is higher than the growth rate of the national economy in Shandong Province, the asset-liability ratio is stable and decreasing, and the operating income profit margin, return on net assets, R&D investment intensity, total labor productivity, and operating cash ratio are further improved, so as to better play the role of "ballast stone" for the economic development of Shandong Province. The State-owned Assets Supervision and Administration Commission of Shandong Province has included the action of striving for innovation into the assessment of the high-quality development of provincial enterprises, and special points will be given for remarkable results.

03

The State-owned Assets Supervision and Administration Commission of Hubei Province issued the implementation rules for the budget management of the total salary of provincial enterprises

In May, in accordance with the spirit of the Opinions of the State Council on Reforming the Wage Determination Mechanism of State-Owned Enterprises (Guo Fa [2018] No. 16), and in combination with the actual situation of the reform, restructuring and functional classification of provincial enterprises, the State-owned Assets Supervision and Administration Commission of Hubei Province studied and formulated the Implementation Rules for the Measures for the Management of Total Wages of Provincial Enterprises (Trial) (hereinafter referred to as the Implementation Rules). The "Implementation Rules" is applicable to the provincial market competition, functional guarantee and financial service enterprises that perform the duties of total salary management by the State-owned Assets Supervision and Administration Commission of Hubei Provincial Government, and includes nine parts, including the scope and base of total salary budget management, the total salary determination mechanism of enterprises, the handling of special circumstances of the total salary determination mechanism, the structured total salary management, the total salary budget management of the group headquarters, the management of the total salary filing system, the management of the total salary budget cycle system, the total salary budget management procedure, and the supplementary provisions. The promulgation of the "Implementation Rules" has further improved the standardized, market-oriented and scientific level of the total wage management of Hubei provincial enterprises, promoted provincial enterprises to take high-quality development as the goal, focus on improving efficiency and efficiency, continuously improve the output efficiency of labor factors, stimulate the enthusiasm and creativity of all workers in enterprises, and ensure that the majority of employees enjoy the dividends of enterprise reform and development at the same time.

04

The State-owned Assets Supervision and Administration Commission of Guangxi Zhuang Autonomous Region carries out supervision and evaluation of the construction of the internal control system of supervision enterprises

On April 26, the State-owned Assets Supervision and Administration Commission of Guangxi Zhuang Autonomous Region officially issued the "Standards for the Supervision and Evaluation of the Construction of Internal Control System of Enterprises Supervised by the State-owned Assets Supervision and Administration Commission of the Autonomous Region (2023 Edition)" (hereinafter referred to as the "Evaluation Standards"), taking the lead in carrying out the supervision and evaluation of the construction of the internal control system of supervision enterprises in the country, and the breadth and depth of evaluation have been continuously expanded. Based on the comprehensive improvement of the internal management and risk prevention and control system of enterprises, the "Evaluation Standards" focuses on the five elements of enterprise internal control, and achieves full coverage of supervision enterprises and control elements, which is of great significance for promoting the improvement of enterprise management efficiency. Focusing on optimizing the internal control environment of enterprises, highlight the importance of internal control system system; Focusing on optimizing the risk assessment system, highlight key indicators of risk assessment such as guarantees and loss-making enterprises; Focusing on optimizing the supervision of enterprise control activities, highlight the evaluation of key areas such as financing trade, inventory, and accounts receivable; Focusing on optimizing the communication of internal control information, strengthening the requirements of intelligent internal control and reporting of major matters; Focusing on optimizing internal supervision, compaction group supervises and evaluates the internal control and evaluation responsibilities of subordinate enterprises, guides enterprises to standardize internal control supervision, and promotes enterprises to establish an internal control system guided by risk management and focusing on compliance management supervision as soon as possible.

05

The Hainan provincial government issued a pilot work plan for promoting the reform of commercial franchises

Recently, in order to promote the pilot work of commercial franchise reform in Hainan, the "Hainan Province Pilot Work Plan for Promoting Commercial Franchise Reform" (hereinafter referred to as the "Plan") was officially issued. The "Plan" proposes to implement categorical management for registered enterprises in Hainan Province to carry out commercial franchise activities, optimize the filing of commercial franchise activities across provinces by canceling the filing of commercial franchise activities carried out by Hainan enterprises in the province, strengthen business connection, build an innovative supervision model that combines unified and separate activities, and create a more efficient and convenient business environment for promoting the construction of Hainan Free Trade Port. In accordance with the specific requirements of the Plan, the Hainan Provincial Government or the Provincial Department of Commerce issued a notice and announced that from September 15, 2021 to August 1, 2023, the province will cancel the filing review. Registered enterprises in the province carrying out commercial franchise activities in the province only need to disclose information through the commercial franchise information website of the Ministry of Commerce, and do not need to be filed for review; Revise the guidelines for inter-provincial franchise offices and publish them on the Hainan Government Service Network. The cross-provincial concession continues to implement the requirements of the Ministry of Commerce's entrusted authority, retains the filing review, and the time limit for handling matters is changed from 10 working days to 3 working days.

06

The State-owned Assets Supervision and Administration Commission of Guizhou Province issued guidelines for differentiated control of state-owned relative holding mixed ownership enterprises

In early May, the State-owned Assets Supervision and Administration Commission of Guizhou Province issued the Working Guidelines of the State-owned Assets Supervision and Administration Commission of Guizhou Province on the Differentiated Control of State-owned Relative Holding Mixed Ownership Enterprises (Trial) (hereinafter referred to as the "Work Guidelines"), aiming to implement differentiated control of state-owned relatively controlled mixed ownership enterprises different from wholly state-owned and absolutely controlled enterprises, establish and improve a regulatory system based on capital management, clarify the boundaries of rights and responsibilities, and standardize the behavior of state-owned shareholders. The Work Guidelines require state-owned shareholders to improve the supervision system and strengthen supervision over key businesses, key areas of reform, important links in the operation of state-owned capital, and overseas state-owned assets; Improve the internal supervision system, strengthen supervision coordination, coordinate the supervision of state-owned shareholders, discipline inspection supervision, audit supervision and social supervision forces, and establish an effective supervision and coordination linkage mechanism; Establish a working mechanism for the audit department to be responsible to the board of directors and report regularly, and strengthen audit supervision; The party committee should strengthen the leadership of the internal supervision of the enterprise, and the internal audit supervision, accounting supervision, internal control and risk management should be reported to the party committee and copied to the enterprise discipline inspection agency; Strictly pursue responsibility for violations of laws and regulations and dereliction of duty and dereliction of duty by performers, and establish a lifelong accountability system for decision-making, implementation and supervision.

(Originally published in the 6th issue of "State-owned Assets Report" in 2023, edited and sorted out by our reporter Wang Yaqing)

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Sasa News | New regulatory policy
Sasa News | New regulatory policy
Sasa News | New regulatory policy
Sasa News | New regulatory policy
Sasa News | New regulatory policy

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Sasa News | New regulatory policy
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