Assessment of the"Five Capacities"of State-Owned Economy Under the Growth Logic of the World-Class Enterprises:Analysis based on the Co-evolution Theory
It is an inherent requirement for achieving high-quality development of state-owned economy to strengthen the"five capacities"of state-owned economy.This paper systematically reviews the evolution of the formation of the"five capacities"of state-owned economy from a historical perspective,and deeply analyzes the stage evolution of"single capacity-two capacities-three capacities-four capacities-five capacities".Based on the co-evolution theory and the growth logic of the world-class enterprises,this paper re-examines the"five capacities"of state-owned economy,and considers that the"five capacities"of state-owned economy are highly consistent with the characteristic dimensions of world-class enterprises.The growth logic of world-class enterprises endows the"five capacities"of state-owned economy with more profound connotation.The evolution law of world-class enterprises can deeply penetrate the internal logic of the"five capacities"of state-owned economy.On this basis,this paper constructs an assessment model for the"five capacities"of state-owned economy according to the world-class orientation,and forms an assessment indicator system for the"five capacities"of state-owned economy according to the world-class orientation,which is composed of the world-class high-quality development of state-owned economy as the target layer,competitiveness,innovation capacity,controlling force,influencing power and risk resistance capacity as the criterion layer,and 17 first-level indicators and 44 second-level indicators as the indicator layer.Taking China's A-share state-owned holding listed companies as a sample,this paper systematically evaluates the"five capacities"of state-owned economy and constructs composite index and sub-indexes of the"five capacities"of state-owned economy.It was found that the composite index of the"five capacities"of state-owned economy showed a steady growth trend,and the sub-indexes showed an obvious differentiation trend.Furthermore,the regional gap between the indexes of the"five capacities"of state-owned economy is gradually narrowing,but the inter-provincial gap and the inter-industrial gap between the indexes is still significant.Finally,this paper proposes that we should adhere to taking the promotion of the"five capacities"of state-owned economy as the basic goal and direction of deepening the reform of state-owned enterprises in the new era and new journey,put more emphasis on the synergetic promotion of the"five capacities"of state-owned economy and the"quality"of each"capacity",sustain to taking the building of world-class enterprises as an important orientation and keynote to enhance the"five capacities"of state-owned economy,comprehensively consolidate the institutional infrastructure and capacity foundation of strengthening the"five capacities"of state-owned economy,and deeply implement the adaptative and differentiated promotion strategy for each"capacity"of state-owned economy.The contributions of this paper are mainly reflected in the following three aspects:the first is to establish a link relationship between the growth logic of world-class enterprises and the"five capacities"of the state-owned economy,the second is to construct the assessment model and indicator system for the"five capacities"of state-owned economy according to the world-class orientation,the third is to propose countermeasures and suggestions to further enhance the"five capacities"of the state-owned economy based on its evolution characteristics and comparative analysis.
state-owned economystate-owned enterpriseworld-class enterprisefive capacitieshigh-quality development
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