It is a basic force the State uses to lead, push and regulate economic and social development, and an important guarantee for realizing the fundamental interests and common prosperity of the people. We must firmly implement the guidelines of the 15th CPC National Congress, push forward SOE reforms and development, and enhance the vitality of the SOEs and the control of the State-owned economy in an overall way, and this is of great significance to the establishment of a socialist market economic system, to the promotion of the sustainable, fast and healthy development of the economy, to the improvement of the people's life quality, to maintaining a good political situation of peace and stability, and to consolidating socialist system. The SOEs are a pillar of China's national economy. China must always rely on and bring into full play the important role of the SOEs to develop the productive forces of the socialist society and realize the country's industrialization and modernization. Under the situation in which the globalization of economy and the scientific and technological progress are accelerated, SOEs are facing increasingly fierce market competition.
Development is of overwhelming importance.
Therefore it is vital to keenly grasp the development trend of the domestic and world economy, take concrete measures to change the mode of economic growth, and expand the space for development to create new advantages for SOEs as soon as possible. SOE reforms constitute the central link of the entire economic restructuring. The most important thing in establishing and improving the system of a socialist market economy and in effecting a good combination of public ownership and market economy, is to enable the SOEs to form a management system and an operational mechanism that suit to the demands of the market economy. It is imperative to continue to emancipate minds and seek truth from facts for the sake of developing the productive forces of the socialist society, enhancing the comprehensive national strength of the socialist country, and improving people's life quality. We should boldly make use of every operational method and organizational form that reflect the law of modern socialized production, and strive to explore various forms of public ownership that will greatly promote the development of productive forces and make new headway in deepen the SOE reform.