Li: Restructuring can improve the allocation efficiency of state-owned enterprises

SASAC Director Li 9th at the 11th Annual Beijing University Guanghua New Year Forum said that state-owned enterprises to strengthen structural adjustment, restructuring, in order to improve the allocation efficiency of state-owned enterprises.　　Analysts pointed out that the restructuring of state-owned enterprises this year will usher in a climax, for the capital market, is also a good opportunity. Li stressed that in the future work, the state-owned enterprises should increase the structure adjustment, improve the allocation efficiency of state-owned enterprises. "Before the inefficiency of state-owned enterprises has been criticized by the community, which needs to be improved, the current restructuring is to improve the competitiveness of state-owned enterprises." "The continuous improvement and perfection of the capital market provide a favorable opportunity and platform for the reorganization and integration of SOEs, and the reform of state-owned assets management system is deepening."　　Market participants analysed that these factors will boost the pace of restructuring of SOEs, as well as a significant opportunity for this year's investment. In fact, just entered the 2010, the wave of restructuring of state-owned enterprises has quietly set off. There is news that the integration of the Shanghai Pharmaceutical Industry Research Institute has been approved by the National Committee, SASAC has also explicitly supported and set aside a budget.　　The news of the integration of Shanghai medical Workers ' Hospital started the first shot of the restructuring of state-owned enterprises.　　In addition to the pharmaceutical industry, market analysis, aviation, military and coal enterprises this year's restructuring is expected to be very strong, investors in the investment for this year layout, should pay attention to such state-owned enterprises under the concept of restructuring opportunities. Moreover, the reorganization of local state-owned enterprises is well worth looking forward to. In Shanghai, for example, in 2006 Shanghai issued the "Eleven-Five" state-owned assets adjustment and development of the Special Plan mentioned that by 2010 around 50% of the operating state-owned assets concentrated in the modern service industry, advanced manufacturing and urban infrastructure construction areas, 30% of the operating state-owned assets concentrated to listed companies.　　Analysts believe that modern service industry is the focus of the next step in Shanghai's state-owned assets integration. SASAC Research Center Director Li Baomin recently also pointed out that the state-owned enterprises in the reorganization of the merger process should adhere to the principle of "retreat into", will focus on the promotion of core competitiveness, "in the competitive field, to retreat mainly in the Non-competitive field, to the main." ”