Research on State-owned Assets Allocation and Efficiency of State-owned Enterprises

Taking 29 state-owned enterprises in Liaoning as samples, this paper makes a comprehensive analysis and evaluation of the industrial layout and the allocation efficiency of state-owned assets in Liaoning. By studying the provinces and municipalities which have significant achievements in the reforms of state-owned enterprises, such as Shanghai, Beijing, Guangdong, Zhejiang and Jiangsu, the advanced experience and effective measures are summarized. Reorganization and asset securitization are found to be the key points of the success of state-owned asset allocation adjustment and the income growth of state-owned enterprises. This study also found that "asset securitization" is a tool, but because of its easy quantification, easy landing and effective mechanism, it has been generally "upgraded" as state-owned assets management goals by state-owned assets management departments in developed regions. Based on the actual situation of Liaoning's economy and the realistic foundation of state-owned enterprises, this paper puts forward specific suggestions on the target of China's national capital distribution, the target of national capital income, the goal of state-owned enterprise securitization, and the "platform" construction target of stateowned enterprises in the next 5 years.