As the main participants in China's economic activities, the main providers of employment opportunities, and the main drivers of technological progress, operating within the public ownership economy are of great importance. The Fourth Plenary Session of the 20th CPC Central Committee adopted the "Suggestions of the CPC Central on the Formulation of the 15th Five-Year Plan for National Economic and Social Development," which identifies "fully unleashing the vitality of various types of operating" as an important task for accelerating the development of a high-level socialist market economic system and strengthening the driving force for high-quality development. This is a strategic deployment made by Party Central Committee, with Comrade Xi Jinping at its core, with a view to comprehensively advancing the great cause of building a modern socialist China and national rejuvenation. We thoroughly study and implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee, consistently uphold and implement the "two unwavering" principles, make greater efforts to fully unleash the vitality of various types of operating entities, so as to continuously inject strong impetus into China's high-quality economic development
1. Unswervingly consolidate and develop the public sector economy, and strengthen, optimize, and expand state-owned enterprises and state capital

State-owned are an important material and political foundation of socialism with Chinese characteristics, and are related to the consolidation of the public sector's dominant position, the ruling position and governing capacity of thePC, and the socialist system in China. To advance Chinese-style modernization, it is imperative to uphold the CPC's leadership over state-owned enterprises, and toswervingly strengthen, optimize, and expand state-owned enterprises and state capital, and to effectively enhance the competitiveness, innovation, control, influence, and risk-resistance of state-owned economy. It is necessary to accelerate the creation of modern new SOEs that are innovative leaders, with prominent functions, efficient governance, and vitality

(1) Deepen the reform of state-owned assets and state-owned enterprises. Constantly remove blockages and bottlenecks that restrict high-quality development of enterprises through reform, better stimulate endogenous motivating power and vitality of innovation. It is necessary to improve the market- operation mechanism, deepen the reform of the three systems within the enterprise, thoroughly implement the system of managerial term and contract management, deepen the reform of the decision-making for the salaries of state-owned enterprises, set the remuneration, allowances and subsidies of the person in charge of all levels reasonably and strictly, support the scientific and type subsidiary companies to establish a more flexible and competitive incentive mechanism in the medium and long term, so that state-owned enterprises can really operate in accordance with the market mechanism. It necessary to optimize the management and operation system of the enterprise, speed up the transformation of the organizational form of the enterprise, promote the large enterprises to implement the flat transformation according to the situation, constantly compress the management level, shorten the decision-making chain, speed up the digital transformation and intelligent upgrading, enhance the sensitivity to the changes of the market environment and development trend of the industry, fully explore the "talent benefits", and promote the efficiency revolution. It is necessary to improve the supervision system of state-owned assets, insist the separation of government and enterprises, the separation of government and capital, improve the system of the owner of operational state-owned assets and the system of centralized and unified supervision, build professional and specialized state-owned assets supervision institution, formulate more targeted, more inclusive and more flexible supervision policies according to the different industries and development stages of the enterprise, intensify the for illegal operation and investment, and constantly improve the professional, systematic, legal and efficient supervision level.
(2) Promote the optimization of state-owned economy layout structural adjustment. Insist on what to do and what not to do, focus on the functions of strategic security, industry leading, national economy and people's livelihood, public services other aspects, adjust the structure of stock, optimize the direction of incremental investment, and vigorously develop the real economy. It is necessary to clarify the key areas and directions of state investment, improve the main business management, promote the concentration of state capital in important industries and key fields related to national security and the lifeline of the national economy, concentrate on public, emergency capabilities, public welfare fields and other fields related to the national economy and the people's livelihood, and concentrate on forward-looking strategic emerging industries. It is necessary to strategic and professional restructuring, focus on strengthening functional mission and improving scale efficiency, and merge "like items" with greater force, to avoid duplicate construction and disorderly competition; focus promoting scientific and technological innovation and industrial innovation, and promote technological leading enterprises to strengthen the integration and integrated allocation of innovative resources, gather innovative elements and form innovative synergy; focus on the resilience and competitiveness of China's industrial chain, strengthen the vertical integration of resources and cooperation upstream and downstream of the industrial chain, and jointly advance to the high end of value chain. It is necessary to promote the rational and orderly flow of state capital, better play the role of state capital investment and operation companies, create a professional and market- state capital operation platform, speed up the disposal of inefficient and ineffective assets and the revitalization of existing assets, promote the optimization of the allocation of state capital, improve the value and the income in the rational and orderly flow, and create more social wealth.