Deepening and enhancing final actions, the results of state-owned enterprise reforms are apparent in three aspects.

2025 is the year when the deepening and upgrading of state-owned enterprise reform will come to a close. Lin Qingmiao, director of the Enterprise Reform Bureau of the State-owned Assets Supervision and Administration Commission of the State Council, recently stated that with the joint efforts of all parties, the reform actions have achieved positive results. State-owned enterprises have strengthened their functions, effectively increased their core competitiveness, and made new strides in layout structure, technological innovation, corporate governance, and supervision mechanisms. The main achievements can be summarized in three aspects. Firstly, the strategic functions have been further strengthened. Focusing on the optimization of the real economy and layout structure, the revenue proportion of central enterprises in areas related to national security, the lifeline of the national economy, and the national livelihood exceeds 70%. Strategic specialization and integration restructuring have been orderly promoted, with four central enterprises established since 2023 and continuous optimization of resource allocation. Secondly, the governance level has been further improved. The modern Chinese enterprise system is being perfected rapidly, with more scientific evaluations of boards of directors and directors. The operational rules of the executive team are continuously improving, and the advantages of the enterprise system are continuously transformed into governance efficiency. Three institutional reforms are continuously deepening, with continuous adjustment of management personnel and removal of incompetence, as well as proposals for linking floating wages with performance. Lastly, the regulatory efficiency has been further enhanced. The comprehensive implementation of individualized assessments for each enterprise, with personalized indicators accounting for 76% and 79% in the 2025 and 2025-2027 term assessments respectively. Continuously deepening the separation of government and enterprises, as well as the separation of government and capital, and accelerating the centralized and unified supervision of operating state-owned assets. The national system of state-owned assets property information database has been established, and efforts to construct an intelligent and real-time online regulatory system that connects top to bottom and provides automatic warning have been accelerated, thus enhancing the scientific, targeted, and effective nature of state-owned asset supervision.