The Core Function of State-owned Enterprises in China's Economy
At present,China is at a critical juncture in deepening a new round of state-owned enterprises(SOEs)reform,the direction of which is to effectively strengthen their core functions,improve the quality,efficiency and technological innovation level,promote the distributional optimisation and structural adjustment of the state-owned economy,and enhance the ability to support major national strategies.It is of great significance to fully explore the core functions of state-owned enterprises in China's economic development,and further explore ways to carry out these core functions,so as to promote the high-quality development of Chinese state-owned enterprises in the new era.Given this context,this paper first summarises relevant theoretical research findings on the core economic functions of state-owned enterprises,which provides ideas and theoretical framework for the study of Chinese state-owned enterprises.On this basis,this paper reviews the role of state-owned enterprises in the process of China's economic reform and development,and discusses the empirical facts and internal logic of"leading the development of industry and technology"and"achieving economic stability,social security and sustainable development",which are the two main effects of state-owned enterprises in supporting China's economic development.Furthermore,this paper argues that Chinese state-owned enterprises should fully embrace the experience of core function performance,adhere to the new development philosophy,take on new tasks and missions to meet the needs of China's economic development.According to the classification of industrial leadership,technological innovation,security support and market competitiveness,and combined with the existing experience and current requirements of the core economic functions of China's state-owned enterprises,this paper puts forward several effective ways for China's state-owned enterprises to deepen their functions and improve their economic positioning.They should strengthen industrial leadership in"consolidating the foundation"and"structural transformation",enhance technological innovation in"resource supply"and"demand traction",strengthen security support in"key areas"and"public goods",enhance market competitiveness in"fair coordination"and"operational restructuring",so as to continuously strengthen their core functions,effectively promote the new round of reform of state-owned enterprises,and continuously contribute to the realization of China's high-quality economic development.