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Lida Xiao expressed. Those SOE reform 1978 - 1992 is in the preparation phase core devolution of power, preliminary exploration of separation of ownership and management, and promote state-owned enterprises from the pure planned economy under the government of transition to a socialist market economy under the enterprise, state-owned enterprises in production improved efficiency. 1993 - 2002 is the initial stage of growth of core state-owned enterprises. This stage, SOE losses are enormous. In 1992, after the convening of the CPC congress, state-owned enterprise reform to a more fundamental level of ownership. Joint-stock reform, state-owned enterprise merger, reorganization, bankruptcy and sell gradually climax. 2003 - 2013 is a crucial stage core stronger state-owned enterprises, and actively promote mixed ownership through shareholding system reform, establishing a modern enterprise system, a large number of giant central enterprises to visit the capital market. After 2013 has entered a climax eighth plenary meeting, the state-owned enterprises into the fourth stage, the release of the 'Guiding Opinions on Deepening the Reform of State Enterprises' marks the fourth stage of the reform of state-owned enterprises into the climax. Five important measure of a state-owned commercial and public sub-types of business class implementation of commercial operation in accordance with market requirements, in order to enhance the economic vitality of the state-owned, state-owned capital zoom function to achieve state-owned assets as the main target. Independently according to law to carry out production and business activities, survival of the fittest, orderly retreat. Public class to protect people's livelihood, social services, provision of public goods and services as the main target, the introduction of market mechanisms to improve the efficiency of public services and capabilities. Such companies can take the form of state-owned, with the condition may also implement investment diversification, but also through the purchase of services, franchising, agency, etc., to encourage non-state-owned enterprises to participate in operations. 2 salary distribution by enterprises set â—\x8F promote shareholding system reform. Actively introduce various types of investors to achieve equity diversification, and vigorously promote the reform of state-owned enterprises listed. The gradual adjustment of the state-owned stake. Allow some state-owned capital into preference shares. â—\x8F improve their corporate governance structure. The focus is to promote the construction of the board of directors, and effectively solve some corporate boards useless, 'top leaders' have the final say ask

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