Separating the hotel industry from the central enterprises

BEIJING, January 29 (Xinhua): The separation of central enterprises to help the main industry to do a strong New Year's Day, the "big housekeeper" Sasac action frequently, in the central enterprises in the overall implementation of economic Value added (EVA) assessment, warning of non-main business income will be halved after the assessment, and issued notice　　Central enterprises are required to withdraw from the hotel industry within 3-5 years. Such a "two-pronged" essence is the same-requires central enterprises to do strong main business.　　At the end of 2009, the head of the central Enterprises meeting, SASAC director Li has said that this year, the center of the core work is to "do strong main business increase strength." "The subtext of doing strong business is to clean up the main business." "SASAC Research Center Enterprise Minister Wang said that strong business is actually SASAC's consistent demand for central enterprises."　　Previously, SASAC was busy guiding central enterprises to deal with the financial crisis, and this year again stressed that it is also in line with the development of a step-by-step adjustment requirements. The primary and secondary separation of the central enterprises has already been. Looking back at the beginning of the century, the most difficult period of state-owned enterprises, state-owned enterprise business scope was dubbed "up to the aircraft missiles, down to tea eggs" all-encompassing. A wide range of business has led to large loss of state-owned enterprises. Since its establishment in 2003, SASAC has started to establish its main business in batches for central enterprises. 2006, the state-funded commission issued "on the promotion of state-owned capital adjustment and restructuring of state-owned enterprises guidance", it is clear that the state-owned economy will maintain absolute control over the seven industries, such as military, power grid, petroleum, petrochemical and telecommunications, and that "the state-owned capital not belonging to important industries and key fields, according to Give-and and reasonable flow principle,　　Carry out the transfer according to law. However, in the past 2009 years, the most profound memory of the central government may be "the expansion of Central enterprises", "the country into the people back."　　Central enterprises and all over the big cooperation, the central enterprise into the private enterprise, the central enterprise of overseas mergers and acquisitions, especially in the 4 trillion yuan investment and moderately easy credit policy, the central enterprise into the housing market, frequency to Do "King", seems to confirm the "front" of the central enterprise again extended. However, the statistics do not support the "country into the people retreat" argument. At a recent press conference, the Director of the National Bureau of Statistics, Jiantang, cited changes in the number of units, gross industrial output, assets, total profits, total taxes and number of employees in 2005-2008 by state-owned and state-controlled enterprises and private enterprises.　　It is pointed out that the figures of state-owned and state-owned holding enterprises in the major core indicators are declining year by year, while the share of private and non-public economy is rising steadily. It is understood that at the provincial and municipal level, a large number of state-owned enterprises to restructure or shut down the way the bankruptcy is still constantly exiting. However, as the "middle" of the head of the central enterprises, its "gongchenglvede" or repeatedly aroused hot debate.　　In the overall implementation of economic value added evaluation of the central Enterprises, SASAC Comprehensive Bureau director Liu Nanchang also frankly, the new assessment method is one of the purpose of the central enterprises of the investment, such as the "king" phenomenon to curb. Based on the evaluation of economic value added, the future investment of central enterprises must take into account the cost of capital, which requires the central enterprises to not achieve the capital cost requirements of the investment stripping, from the previous "strongThe external adjustment of strong union "and weak strength combination" is transferred to the internal adjustment of resource integration.　　Separating the hotel industry became the preferred field. Wang said that after the big crisis must be a big adjustment.　　Sasac's move shows that it requires the central enterprise to do strong main business "two hands" determination, one is to guide enterprises to establish value creation concept, one is to urge enterprises to comb the optimization structure. However, such adjustments are not easy. Statistics show that the central enterprises under the hotel has more than 2000 hotels, involving assets may be hundreds of billions, distributed throughout the country and even overseas. SASAC clearly identified the main business including the hotel industry only Cofco, Medium, South Light and Oct and other four.　　In addition, the Hong Kong CTS and China Travel and other tourism related to the hotel industry, the central government. It is understood that the separation of the hotel will take the state-owned property rights free transfer, agreement transfer and market transfer, such as the reorganization to the hotel as the main business advantage of the central enterprises. Zeng Fei, director of Fang Hing Real estate office, said that at present, Fang Hing Enterprises affiliated hotels have a good operating performance.　　For the hotel industry may face the big shuffle, the enterprise has begun to study. The main business is not the hotel industry, the central enterprises appear complex attitude. A manufacturer of industry-owned enterprises told reporters that because of the overall listing, the hotel is already listed company assets, it is not known whether the new rules of SASAC will involve such assets.　　A resource-type central enterprise said, many hotels have the function of internal reception, once the draw will increase the cost of enterprises, and the business of the hotel as a business "raising children", operating a good reluctant, poor business even if the transfer may not be taken over. In addition, there are a number of central enterprises in the hotel industry has considerable size and strength. PetroChina's Sunshine Hotel group has 64 hotels in the mainland and international business in more than 20 countries. A source said that Sasac is also studying, the hotel performance than the average level of the central enterprises, is expected to continue to hold business.　　And the transfer of the market and the transfer of the agreement does not exclude private enterprises, but first in the central enterprise "brother" between the change of hands, the resistance is relatively small. SASAC Reform Bureau officials also admitted that the request of the central enterprises to exit the hotel "More Trouble", is the first to send a signal to the central enterprises.　　After further consultation and investigation, the relevant rules will be promulgated, clear operation steps and requirements. Although the adjustment is not easy, but the curtain has been opened. As Li said, in the post-crisis era, the central enterprises should seize the opportunity to speed up the adjustment, do strong main business. Only in this way can we exert the leading role of the central enterprises in the change of development mode and structural adjustment.