“Understand the state-owned economy, very few, are now inclined eyes to us, mostly Western Economist. You go private ownership-based theory of view of public ownership, you can read it? Read. Me frank point of speaking, are sure to please the foreigners of Chinese economics to write it? “the week before leaving office on August 19, Li Rongrong, SASAC should be invited by Beijing to do a special report at the state-owned enterprise reform say.

For seven years, the central enterprises to enjoy preferential market competition in all the criticism, Lee considered “unfair.”

“State-owned enterprises which support the ownership of the enterprise than are more central enterprises always said that higher salaries low, and told me to adjust quickly to, lay off half the people who left double wages, social acceptance is not acceptable? Government accepting? So our competition and other competition does not like the back very seriously. “Li Rongrong explained.

In any case, remember this, do not you. The man, 34, one of the Jiangsu Wuxi, the first implementation of director responsibility system of state-owned enterprises responsible person in his China’s state-owned assets, the commuters on after insist on keeping their own subsidiary companies as “Lady”, vowed never wrong owner and mother; he led the MBO of a series of laws and regulations regulate state-owned enterprises, but also experienced privatization of state-owned enterprises should not be a big controversy; he took over the 196 central enterprises, when he left, only the number of central enterprises, 123 But this distance from his goal – 50-80 – there is still a not a small distance; his 7 years in office, in charge of state assets under the growth from 7 trillion to 21 trillion yuan, and its central rate on profits paid more than trillion, but despite how he explained that they did not allow the central enterprises get rid of monopoly cap, let yourself from the country into the people back the challenge.

Perhaps this is just part of the truth, but Li Rongrong unavoidable to be in the limelight for the one. Instead of all this as Li Rongrong personal fate as part of as it as the Chinese economy and even political change in a section of road. History will remember Li Rongrong, precisely because of this historical change is hard to draw a conclusion and not yet completed all entangled, whether you like it or not.

However impressive, despite the central enterprise board system is his most valued of institutional change one, he has no real decentralization is precisely because – he needs a can for the investor is responsible for the board, but this step is always difficult. , Li Rongrong trying to get enterprises to truly become a business, even those burdened by ministry-level title, the power of appointment in the Central Organization Department of the big guys, but for the SAC, it is still very difficult task. These apparently also state-owned enterprises still can not get rid of a politicized symbol, regardless of such symbols is appropriate.

During his tenure at the beginning, because Lang’s question, a state-financed discuss swept the country, the state-owned enterprises should not be privatized, as all parties justice, the focus of even many people in this debate up to still do not reform height. This is an argument seems nothing came. The state-owned Assets responsibility of the SAC has found his place. SASAC to government agencies rarely efficient, frequent introduction of norms and of various state-owned assets management and control measures, which laid the role of state assets, today many coordinates. But history always has its cause unpredictable side – Li Rongrong leaving the room, from the 78 central enterprises out of real estate originator, state role once again become the focus of debate, to look for a reform consensus calls also prevalent.

In early 2001, when Li Rongrong said state-owned enterprises reform and turnaround completed, probably would not have thought, two years later, he became a central corporate restructuring and integration of the most important promoter. However, furniture foster internationally competitive 30-50 large companies, such a plan in his time as director of the State Economic and Trade Commission already forming, history gave him such good fortune can continue the original vision, and he apparently seized opportunities – 2003 Li Rongrong took over at the beginning, the world’s top 500, the central rate is only 6, 2010, short-listed central enterprises is 30 households.

However, there is this addition to Li Rongrong, SASAC and suffered controversy. Central enterprises have never from the “monopoly” of the question to get out, although Li Rongrong never dare to respond positively to such a question, he contested these companies have are in competitive industries, directed a number of people “correspond in Man,” but it does not seem help digestion and repeated shouts of “crusade” sound. Side of the central business hurricane-type growth, geometric growth of state-owned assets to the other side is pulling out of a number of private enterprises market segments, which also makes the central business behind Li Rongrong, SASAC and controversial. Many analysts believe that the SASAC is the strong public funding has led to retreat. The market has been circulating in his led the drafting of the central enterprises advance and retreat the road map. But never have any official document which confirmed it. However, the central business practice, almost confirmed that all the truth.

If only from a formal point of view, he is a large self-crippled headed. 196 central enterprises, are in various ways merger integration, he left office, has not reached his ideal – he began to plan is from 30 to 50, later said that 80 to 100. However, these companies some of the distance of his vision has been getting closer, for example, these enterprises in the Chinese economy’s role in the Chinese economy’s control, influence, and leading, for example, with the leading of its kind enterprise gap is narrowing. As a major steward, he was in office 7 years, the state-owned assets from 7 trillion value to 20 trillion, the central enterprises who pay a profit is fivefold.

That which can have very different interpretations. For example, Li Rongrong took office that year, the Chinese economy is entering a new growth cycle in the first year, the Chinese economy has experienced since the development of the gold cycle. Another example, many central enterprises are in industrial chain upstream, China’s overheating economy, trapped in coal, electricity in those years, it is also the central business profits all the way Hurricane of those years. Again, the central enterprises has not really stood the test of economic recession – 2008 in the second half, the 4 trillion economic stimulus package that will pull the economy from the trough at the same time, almost the same time pull the central enterprises and large state-owned enterprises.

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