The Difficult Course of the Heavy Enterprise in the Reform of China’s State-owned Enterprises

In the view of the reform of China’s state-owned enterprise, the supply-side structural reform and overcapacity-reduction have become the key words for the reform. The paper first discusses achievements and lessons obtained at different stages by the reform of China’s state-owned enterprise and analyzes the trend for the reform of China’s stated-owned enterprise in new reality and environment. Then, the achievement of Ansteel in the reform is analyzed as an example along with its enterprise structure, main business and the change of its overall strength to summarize the reason why Ansteel get out the dilemma in the aspect of history and its effort. Next, the paper also analyzes the case that one enterprise remains in the dilemma of loss because of its unchanged action in the reform with Kailuan Mines as an example and the reason why Kailuan Mines lost its advantages in the aspects above. Finally, the paper also discusses the development direction and the issues which should be attached with importance as they deserved by Ansteel and Kailuan Mines in the recent situation.

Reform of state-owned enterprise; Enterprise structure; Ansteel; Kailuan Mines

Zixuan Luo. The Difficult Course of the Heavy Enterprise in the Reform of China’s State-owned Enterprises. 2019 International Conference on Advanced Education, Service and Management (AESM 2019). 2019, Vol.3: 185-189. DOI: https://doi.org/10.35532/JSSS.V3.040.