Hangzhou's "15th Five-Year Plan" proposal: Deepen the reform of state-owned assets and state-owned enterprises, make state-owned enterprises and state-owned capital stronger, better, and bigger.

The Hangzhou Municipal Party Committee has issued recommendations on formulating the fifteenth Five-Year Plan for National Economic and Social Development of Hangzhou, which includes enhancing the core functions and core competitiveness of state-owned enterprises. Deepen the reform of state-owned assets and state-owned enterprises, strengthen and improve state-owned enterprises and state-owned capital, promote the optimization of the layout and structural adjustment of state-owned economy, improve the mechanism of sharing interests between state-owned enterprises and local cooperation, establish a mechanism for coordinated work between city and district levels of state-owned assets and state-owned enterprises, strengthen the strategic support function of state-owned enterprises. Strengthen the dynamic management of main responsibilities and businesses, optimize the classification assessment system, and improve the evaluation system for fulfilling strategic missions. Accelerate the innovation of state-owned enterprises and improve the mechanism for investment in scientific and technological innovation. Improve the information supervision system for state-owned assets and enterprises and strengthen the monitoring mechanism for debt risks of state-owned enterprises. Promote the high-quality coordinated development of state-owned and private enterprises, support strategic cooperation between state-owned and private enterprises, and jointly undertake major projects.