Li Rongrong Responded To The World Bank Report: "&Nbsp Is Not A National Retreat."

In response to the world bank's earlier report on China's reform, Li Rongrong, former member of the National Committee of the Chinese people's Political Consultative Conference (CPPCC) and former director of the SASAC, said in March 4th that he had sufficient data on hand and was not afraid to argue with the world bank.

Li Rongrong stressed at the CPPCC group meeting on the same day that the World Bank report was launched before the "two sessions" this year, and the timing is more pertinent. But he did not agree with the views in the report.

Recently, the World Bank released a report entitled "China in 2030: building a modern, harmonious and creative high-income society", aiming to provide suggestions for China to achieve the spanition to a high-income society. The reform of state-owned enterprises and banks is the most critical prescription for the world bank. This has also led to widespread debate. The topic also concerns the "retreat of the country into the people", which has been emphasized in recent years.

Data deny national entry and exit

It is reported that the report is the result of a large-scale research project on China's development strategy in the next 20 years, which is jointly organized by the Ministry of finance, the State Council Development Research Center and the world bank. It is also the first joint research group conducted by the world bank and China for the first time. Among them, the first recommendation of the report is that China needs to further restructure the state-owned sector and eliminate monopoly and oligopoly in the competitive industry.

During the current "two sessions", it also triggered " National advance and civil withdrawal Discussion. As the focus of attention has always been the outside world, some representatives suggested that private enterprises should be given more room for survival, so as to avoid the occurrence of the national retreat.

In this regard, Li Rongrong once again refuted this statement and called it "nonsense".

He listed a set of data to prove that the market share of state owned industrial enterprises is decreasing: from 1998 to 2010, the proportion of state-owned enterprises decreased from 39% to 4.5%; the proportion of main business income decreased from 52% to 27%; the total profit decreased from 36% to 27.8%; the number of employees decreased from 60.5% to 19.2%, and the contribution tax decreased from 65.5% to 37.2%.

But this does not include data from state-owned non industrial enterprises and financial enterprises, and the total market share and profits of financial institutions are even more alarming. But the Ministry of finance has not released relevant data.

Based on the above data, Li Rongrong said that in recent years, the pace of national progress has been faster than that of the state. In fact, since 2006, private enterprises accounted for more than half of the total assets.

The reform of corporate governance structure is a top priority

But at the same time, state-owned enterprises monopolized most important industries in China, and brought a lot of threshold to private enterprises. This monopoly and enjoyment of preferential policies have also become the focus of external criticism.

During the current "two sessions", some representatives suggested that private enterprises should be given more room for survival, including more credit support, and the liberalization of some monopolistic areas. At the same time, there is also a voice that weakens the share of state-owned enterprises.

In view of the relationship between state-owned enterprises and the coordinated development of private enterprises, Li Rongrong described state-owned enterprises as Kobe. "Can the Lakers be without Kobe? Can they be the Lakers just outside Kobe?" Li Rongrong said. The role of state-owned enterprises in enterprises is equal to that of stars. It is not enough to compete in the international market and rely solely on private enterprises.

In fact, in addition to a certain degree of monopoly, the management structure of state-owned enterprises is complex, resulting in low efficiency, which is also criticized as a waste of state-owned assets.

In response, Li Rongrong said, "the reform of state-owned enterprises should continue to develop, and we must continue to deepen reform."

He believes that deepening Reform of state-owned enterprises The most important aspect is the reform of the corporate governance structure of state-owned enterprises. Among them, a board of directors should be set up to make the board a decision making and discussion organization.

He also stressed that the current state asset management system needs to be further improved and strengthened.

Supporting private enterprises should play the role of the Association

As for the development of private enterprises, Li Rongrong summed up 4 deficiencies: insufficient information; insufficient credit; inadequate training and learning; inadequate assistance when faced with difficulties.

Among them, the lack of credit makes it difficult for enterprises to obtain bank loans. Low-interest loan When faced with difficulties, many private enterprises lose the "bottom line" of policies, and can not get the blood spanfusion of funds, often leaving only bankruptcy. This is also an important factor leading to the difficult development of private enterprises.

He said that in addition to some other government departments such as the SASAC, such as the Ministry of finance, the focus of the policy should be on other ownership enterprises in the house.

At the same time, we should give full play to the role of trade associations and guide the development of the whole industry and enterprises through associations.