On May 15, Zhang Yuzhuo, Secretary of the Party Committee and director of the State-owned Assets Supervision and Administration Commission of the State Council, went to the State Development and Investment Group Co., LTD., and stressed that it is necessary to deeply study and implement the important discussion of General Secretary Xi Jinping on the reform and development of state-owned enterprises and Party building, accurately grasp the new mission and new task of state-owned capital investment companies in the new era and new journey, focus on "the biggest of the country" and focus on the needs of the country. Taking high-quality development as the absolute principle, we will deepen the optimization of business layout and structural adjustment, continuously enhance core functions and improve core competitiveness, accelerate the construction of a world-class capital investment company, and strive to give full play to the leading role of state-owned capital in important industries and key areas.

Zhang Yuzhuo presided over a symposium to carefully listen to the work reports and suggestions on enterprise reform and development, strategic layout, inspection and rectification. He pointed out that in recent years, SCIC has adhered to the national strategy of serving the country, optimized strategic positioning, development direction and management methods, actively distributed business sectors such as the energy industry, digital technology, people's livelihood health, and industrial finance, achieved steady, standardized and orderly innovative development, and fully played the unique role of state-owned capital investment companies, which deserves full recognition. The State-owned Assets Supervision and Administration Commission of the State Council will earnestly summarize the experience and practices of state-owned capital investment companies, further guide and support state-owned investment in deepening reform, promote the formation of a development model with distinctive characteristics, and better assume the mission and responsibility of state-owned capital investment companies.

Zhang Yuzhuo stressed that it is necessary to resolutely implement the decision-making and deployment of the Party Central Committee and The State Council, consciously put the work into the overall development of the Party and the national cause to think, position and layout, comprehensively and systematically grasp the connotation requirements between stronger, better and bigger, adhere to the quality first, efficiency priority, and improve the ability and level of serving the main industry. It is necessary to continue to deepen reform based on the functional positioning of state-owned capital investment companies, optimize group management and control, strengthen dynamic supervision, strengthen risk prevention in key areas, standardize closed-loop investment management, and constantly improve investment risk prevention and control capabilities. It is necessary to focus on strategic security, industrial leadership, national economy and people's livelihood, public services and other fields, focus on strategic emerging industries and future industries, take the national industrial policy and market as the guidance, select and select key investment areas, be a good long-term capital, patient capital, strategic capital, and be the leader of industrial investment and an investor with sustained returns. It is necessary to reflect the clear politics to firmly uphold the responsibilities and missions of enterprises, firmly carry out the study and education of Party discipline, combine the inspection and rectification with the implementation of key tasks of reform and development, have the courage to face up to contradictions, and promote enterprises to comprehensively and strictly govern the Party and continue to develop in depth.

Responsible comrades of the relevant departments of The State Council SASAC participated in the survey.

Source: SASAC of The State Council