Shaoning: The central enterprises must prepare for the protracted war

Shaoning, deputy director of Sasac, said 16th in Beijing that the impact of the international financial crisis may not be short-term, the more severe test is still behind.　　The central enterprise should strengthen the confidence and prepare for the protracted war. Shaoning is the "2009 International financial crisis Strengthening enterprise risk Management Forum" jointly sponsored by the SASAC Research Center, the China National Federation of Industry and Commerce, the law department and the China Insurance and risk Management center of Tsinghua University. He said that the financial crisis is a central enterprise overall ability to resist the risk of a test, the enterprise's system construction is reasonable, the management of the efficiency, the development strategy embodies the concept of risk management will be a demonstration.　　This requires the central enterprise must strengthen the system innovation, strengthens the basic management. He believes that under such circumstances, the financial crisis and the impact of the economic downturn, the business activities of the systemic risk is increasing. Various long-term potential problems and contradictions may be magnified by unfavourable economic conditions.　　In such a market environment, SASAC requires the central enterprises to estimate the difficulties and strengthen the risk management work. "Special attention should be paid to the causes of the crisis, why the enterprises that have been excellent cases overnight became a negative example?" How effectively does the board supervise the short-sighted behavior of management? are stock options conducive to encouraging management to conduct risk management? These are worthy of our careful study, and take it as a mirror.　　Shaoning warned. In accordance with the objectives set by SASAC, by 2010, the central enterprises reduced to 80-100, efforts to cultivate a group of international competitiveness of large companies, large enterprise groups. In recent years, the central enterprises continue to promote restructuring and reorganization, to promote the diversification of property rights, the establishment of modern enterprise system has been accelerated.