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"Cadre Digest" Fu Gangfeng: Assume the mission and responsibility of the state-owned capital investment company and contribute to the strength of SDIC for Chinese-style modernization

author:Chang'an Street Reading Club
"Cadre Digest" Fu Gangfeng: Assume the mission and responsibility of the state-owned capital investment company and contribute to the strength of SDIC for Chinese-style modernization

Fu Gangfeng: Assume the mission and responsibility of the state-owned capital investment company and contribute to the strength of the state-owned capital investment company for Chinese-style modernization

Cadre Digest

"Cadre Digest" Fu Gangfeng: Assume the mission and responsibility of the state-owned capital investment company and contribute to the strength of SDIC for Chinese-style modernization

★★★★★

The report of the 20th National Congress of the Communist Party of China made a strategic plan to "comprehensively promote the great rejuvenation of the Chinese nation with Chinese-style modernization". As the earliest comprehensive state-owned capital investment company established in China, the State Development and Investment Corporation (hereinafter referred to as SDIC) has thoroughly studied and implemented the spirit of the 20th National Congress of the Communist Party of China, adhered to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, deeply understood the decisive significance of the "two establishments", gave full play to the functional role of the state-owned capital investment company in the new era, continuously improved the modern enterprise system with Chinese characteristics, and strived to contribute to the realization of the great rejuvenation of the Chinese nation. Comprehensive, Systematic and Accurate Grasp of Major Strategic Deployments The major strategic deployments made by the 20th National Congress of the Communist Party of China have drawn a blueprint and provided a guide for the reform and development of state-owned enterprises in the new era and new journey. The report of the 20th National Congress of the Communist Party of China pointed out that high-quality development is the primary task of building a modern socialist country in an all-round way. This important assertion is of great strategic significance for state-owned enterprises to continuously build an important material and political foundation for socialism with Chinese characteristics. As a state-owned capital investment company, SDIC completely, accurately and comprehensively implements the new development concept, integrates into the new development pattern, serves the implementation of major national strategies, actively cultivates strategic emerging industries, accelerates digital, intelligent and green development, solidly fulfills its social responsibilities, and strives to achieve higher quality, more efficient, more sustainable and safer development. The report of the 20th National Congress of the Communist Party of China proposed to deepen the reform of state-owned assets and state-owned enterprises, accelerate the optimization of the layout and structural adjustment of the state-owned economy, promote state-owned capital and state-owned enterprises to become stronger, better and bigger, and enhance the core competitiveness of enterprises. Deepening the reform of state-owned assets and state-owned enterprises is a practical need to promote the high-quality development of the state-owned economy. As a state-owned capital investment company, with the mission of serving the national strategy, optimizing the layout of state-owned capital, and enhancing industrial competitiveness, SDIC has continuously adjusted its business structure, played the role of a professional platform market-oriented mechanism, and continued to promote the concentration of state-owned capital in important industries and key areas related to national security, the lifeline of the national economy, and the national economy and people's livelihood, unswervingly deepened reforms, and accelerated the construction of a world-class capital investment company. The report of the 20th National Congress of the Communist Party of China emphasized that state-owned enterprises and financial enterprises should strengthen the party's leadership in improving corporate governance. Adhering to the party's leadership and strengthening party building are the "root" and "soul" of state-owned enterprises, and the fundamental guarantee for making state-owned capital and state-owned enterprises stronger, better and larger. SDIC continues to implement the spirit of General Secretary Xi Jinping's important speech at the National Conference on Party Building in State-owned Enterprises, promotes the deep integration of Party building and production and operation, builds a team of high-quality professional leaders, unswervingly promotes comprehensive and strict governance of the Party, and effectively transforms the advantages of Party building into development advantages and competitive advantages. Bravely undertake the mission of a state-owned capital investment company in the new era The major strategic deployment of the 20th National Congress of the Communist Party of China has given new missions and put forward new tasks for state-owned enterprises. Guided by the spirit of the 20th National Congress of the Communist Party of China, SDIC strives to play the functions and roles of leading industrial development, promoting industrial upgrading, optimizing industrial structure, and promoting scientific and technological innovation, and fulfills the mission and responsibility of a state-owned capital investment company in the new era. Resolutely implement and improve the ability to guarantee the supply of strategic resources and ensure the major strategic deployment of energy security. Based on its own business and advantages, SDIC has gone all out to lay a solid strategic foundation for the steady and far-reaching development of the cause of the party and the country. In order to ensure the mainland's agricultural fertilizer and national food security, promote the construction of the world's largest monomer potassium sulfate production base in Lop Nur, the "Sea of Death", and help the energy supply guarantee battle, SDIC's power enterprises have strengthened their responsibilities and "can be used to the fullest, and more can be fully developed"; effectively ensure the safety of energy transportation, focusing on the construction of coal loading and launching terminals, and actively lay out and build a logistics network in the energy transportation channel to ensure the safe and smooth flow of energy transportation. Resolutely implement the innovation-driven development strategy, and promote the major strategic deployment of high-level scientific and technological self-reliance and self-reliance. Scientific and technological innovation is not only a major political responsibility of SDIC, but also a need to promote high-quality development. SDIC adheres to the major strategic needs of the country, takes the market as the guide, further focuses on high-end equipment, information technology, new materials and other fields, and continues to promote the comprehensive ability of scientific and technological innovation to a new level. Relying on the tunnel of the Jinping Hydropower Station on the Yalong River of SDIC, the first and the world's deepest underground laboratory in the mainland has been built 2,400 meters underground, providing an important platform for major basic frontier scientific research in the mainland. Manage and make good use of the national industrial investment fund, and actively invest in a number of industry leaders who break through industrial bottlenecks, break international technical barriers, and overcome "stuck neck" technologies and key components. At present, it has invested in 160 national science and technology major special achievement transformation and innovation projects, 313 key core technology projects of "stuck neck", and supported 278 specialized and special new enterprises, including 26 of the world's top 10 enterprises in subdivided fields and more than 80 listed companies on the Science and Technology Innovation Board. Resolutely implement the major strategic deployment of accelerating green transformation and accelerating the planning and construction of a new energy system. State-owned enterprises (SOEs) are not only important promoters but also important contributors to green transformation. SDIC adheres to promoting the development of clean energy, focusing on building a water, wind and solar complementary green and clean energy base in the Yalong River basin with a total installed capacity of more than 100 million kilowatts, vigorously promoting the development of photovoltaic, wind power and hybrid storage, with clean energy accounting for 68% of the installed capacity currently in operation, and more than 72% by the end of the 14th Five-Year Plan. Resolutely implement the major strategic deployment of comprehensively promoting rural revitalization, promoting high-quality and full employment, and developing the pension industry. SDIC insists on ensuring and improving people's livelihood in the process of development, and solidly fulfills its social responsibilities. Persist in exploring new paths to serve rural revitalization, manage and make good use of the rural revitalization industry fund represented by the rural industry investment fund of central enterprises, and the invested projects involve 410 counties (districts and banners) in 29 provinces, autonomous regions and municipalities across the country, leveraging more than 350 billion yuan of social capital, driving employment for 3.6 million person-times and providing income of 400 billion yuan for the employed population In order to contribute to stabilizing employment and promoting employment, the national recruitment platform has settled in 42,337 enterprises, provided more than 3.55 million jobs, and received nearly 16 million resumes; optimized the supply of elderly care services, and innovated and piloted a new model of combining medical care and health care covering the whole life cycle in 21 cities in 12 provinces (municipalities) to help solve the problem of public elderly care. Strive to enhance the core competitiveness of world-class capital investment companies Enhancing core competitiveness is an inevitable requirement for state-owned enterprises to better serve the national strategy, give full play to the role of the "six forces", make new contributions and show new responsibilities, and it is also the internal need of state-owned enterprises to accelerate the construction of world-class enterprises. Adhere to the primary task of high-quality development. Based on its own advantages and existing businesses, SDIC optimizes and adjusts its strategic planning to promote strategic focus, adheres to the principle of "limited relevance and diversification", adheres to the principle of advancing and retreating, doing something and leaving something undone, continues to promote structural adjustment, dynamically optimizes resource allocation, and concentrates resources to strengthen and optimize its main business; strengthens post-investment empowerment, builds the Group's competitive advantages in multiple dimensions such as resource integration, industrial synergy, cost reduction and efficiency improvement, R&D research, and standardized management, and builds a number of first-class enterprises with core competitiveness, core technology and market influence in industry segments. Stimulate the source of power for scientific and technological innovation. SDIC focuses on building a scientific and technological innovation work system and mechanism with SDIC characteristics and in line with the actual situation of SDIC, implements systems such as dividends, rewards and shareholdings, and further stimulates the vitality and motivation of talents for innovation and creation; increases investment in scientific and technological innovation, introduces and cultivates a number of high-end talents, promotes technology-based enterprises to strengthen technology research and development and cooperation, and strives to build a "source of original technology" and a "chain length" of modern industrial chain; and promotes enterprises at all levels to make good use of digital means, reshape management and operation methods, and improve management quality and efficiency. Make good use of the key move to deepen reform. SDIC takes the formal transformation into a state-owned capital investment company as a new starting point, continuously explores the management and control mode of state-owned capital investment companies with SDIC characteristics, and strives to improve the professional and refined management capabilities; further deepens the reform of the three systems, strictly implements the tenure system and contractual management of managerial members, improves the differentiated management of state-owned enterprises with relative holding and mixed ownership, and drives enterprises at all levels to stimulate vitality and motivation from top to bottom; coordinates the implementation of various world-class special actions, and accelerates the construction of a world-class capital investment company with higher standards. Firmly adhere to the red line of the bottom line of safe development. SDIC adheres to the overall national security concept, comprehensively strengthens risk management, improves risk early warning, prediction, prevention and mitigation capabilities, strictly guards against systemic security risks, and comprehensively improves the control and controllability of risks; adheres to the operation in accordance with laws and regulations, improves the compliance system, protects the rights and interests of shareholders, and ensures the preservation and appreciation of state-owned assets; pays attention to "rejuvenating the country through science and technology", improves the level of intrinsic safety, and resolutely builds the red line of safe production, environmental protection and stability, so as to ensure that the Group is always on the track of healthy development. Firmly build the "root" and "soul" of party building. SDIC continues to explore effective ways to strengthen the party's leadership in improving corporate governance, ensuring that the party organization of the enterprise plays a good leading role in "setting the direction, managing the overall situation, and ensuring implementation", deepening the building of the "excellent party building pilot" brand, and thoroughly implementing the "reform and development of party members first" project, strengthen the party building work of mixed-ownership enterprises, better stimulate the vitality and motivation of party organizations and party members, continuously improve the quality of the construction of cadres and talents, strengthen the construction of work style, unswervingly govern the party strictly in an all-round way, and ensure high-quality development with high-quality party building as the guide. [Fu Gangfeng: Secretary of the Party Leadership Group and Chairman of the Board of Directors of the State Development and Investment Group Co., Ltd.]

Note: Authorized to publish, this article has been selected and included in the "Chang'an Street Reading Club" theoretical learning platform (People's Daily, People's Political Consultative Conference Daily, Beijing Daily, "China Rural Revitalization" magazine, Xinhuanet, CCTV, National Party Media Information Public Platform, Vision, Beijing Time, Surging Government Affairs, Phoenix News client "Chang'an Street Reading Club" column synchronization), reprinting must be uniformly marked "Chang'an Street Reading Club" theoretical learning platform source and author.

Editor-in-charge: Deng Qidong, preliminary review: Cheng Ziqian, Chen Jiani, re-examination: Li Yufan

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