BEIJING, Sept. 18 -- China's state-owned enterprises (SOEs) have navigated torrential waters over the past 70 years, from breaking the ground for the country's industrial system to becoming the model of enterprises worldwide, and are now pledging more contributions to the world economy.
LAYING THE FOUNDATION
At a time when China's manufacturing industry was still in its infancy, it was the SOEs that supplied the bedrock of the country's industrial development.
The seamless steel pipe that debuted in China 66 years ago, the green-clad truck bearing the brand name "Jiefang" as well as the silver-white fighter jet that first rolled off production lines in 1956 attested to the SOEs' early triumphs.
Seven decades have proved long enough for China's SOEs to emulate their foreign counterparts and lead global innovation.
As a long-time pillar of the Chinese economy, the steel industry delivered a total output of 928 million tonnes in 2018, almost 5,900 times that of 1949, accounting for more than half of the world's annual steel production.
Today, SOEs remain active in the advent and growth of China's most acclaimed industrial fronts, including high-speed railway, supercomputers and navigation satellite systems, to name a few.
UNLEASHING VITALITY
Alongside their dazzling achievements, the SOEs' quest to maintain vitality is equally memorable.
China's SOEs have undergone a series of reforms in terms of shareholding, payroll and human resource management since 1978, in an effort to better fit into the big picture of China's economy, which at the time was morphing into a socialist market economy marked by diverse corporate ownerships.
These reforms focused on granting the SOEs more leeway in making corporate decisions.
In 2003, the founding of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council further improved the management system for China's SOEs and better prepared them for market competition.
Ongoing tasks of SOE reform include mixed-ownership reforms, employee shareholding and differentiated salary systems, with the underlying logic of delegating power unchanged.
GOING TOP-TIER
Years of continuous reforms have honed Chinese SOEs' competitive edge, equipping them with the technologies and managerial skills needed to become global top-tier enterprises.
From 1978 to 2018, the business revenue and profit of China's SOEs expanded at an annual rate of 11.9 percent and 10.3 percent, respectively.
The combined total assets of China's SOEs in 2018 reached 247.1 times those in 1978, while shareholders' equity amounted to 130 times.
The number of Chinese enterprises in the Fortune 500 list has risen for the 14th consecutive year, surpassing the U.S. in 2019 with 129 companies, among which 48 are centrally administered SOEs.
Seventy years on, the path of glory continues for China's SOEs.
2016年初一上册英语寒假作业答案参考
初二英语家庭作业第四单元
初三家庭作业英语专题详情
嘉鱼县九年级英语同步家庭作业
6月11号初三同步家庭英语作业
英语家庭作业:第六单元
9月19同步家庭英语作业
2014年初三年级英语家庭作业试题
2014年新九年级英语家庭作业
新初中九年级英语家庭作业试题
2014苏教版初三英语家庭作业精选试题
上学期第二次初三家庭作业英语专题
9月13日同步家庭英语作业
衢州华外初三家庭作业英语专题
第四单元英语家庭作业
第二学期初三家庭作业英语专题浙江省嘉兴
英语家庭作业:期中作业
2014年初中九年级下册英语家庭作业
2014年九年级英语家庭作业
英语家庭作业:复习作业
2013年初三家庭作业英语专题
2014苏教版初中九年级英语家庭作业
最新初中九年级英语家庭作业
英语家庭作业:英语上册期中
2013年度期间初三家庭作业英语专题
初三家庭作业英语专题知识
新博中学九年级英语同步家庭作业
2014年初中九年级英语下册家庭作业
英语家庭作业:单词
江苏省东台市富安镇初三家庭作业英语专题
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |