2026 is the starting year of the 15th Five Year Plan. How can state-owned enterprises coordinate and carry out various tasks such as reform and development? The recent meeting of central enterprise leaders released a new signal. Signal 1: Make every effort to stabilize operations and improve quality and efficiency. Since the beginning of this year, the international environment has been turbulent and intertwined. Central enterprises have withstood pressure and made steady progress in their operations, achieving an added value of 9.5 trillion yuan from January to November, a year-on-year increase of 1.4%. In the new year, facing an increase in uncertain and unpredictable factors, how should central enterprises do? Zhang Yuzhuo, Director of the State owned Assets Supervision and Administration Commission of the State Council, proposed at the meeting that central enterprises should seize the market to expand their development space, closely monitor the macro situation, strengthen the structural and trend analysis of industry operation, and enhance the responsiveness of production, supply, storage, and sales links; We need to improve the quality of development by strengthening management, insisting on tapping into internal potential, doing a good job in comprehensive budget management, and strengthening cost control for all employees, all factors, and the entire life cycle. Today's investment is tomorrow's competitiveness. In the first 11 months of 2025, central enterprises completed fixed assets investment (excluding real estate) of 3.3 trillion yuan. In the new year, the State owned Assets Supervision and Administration Commission of the State Council requires central enterprises to continue to "accumulate development potential through effective investment", and clearly requires them to focus on key areas such as strengthening the industrial chain to make up for deficiencies, infrastructure construction, energy and resource security, and forward-looking industrial layout, make good use of various support policies, and plan and implement a number of major projects and landmark projects ahead. Signal 2: Taking multiple measures to optimize the layout and adjust the structure of state-owned economy is an inherent requirement for strengthening, optimizing, and developing state-owned capital and state-owned enterprises. Next, we will take the high-quality formulation of the 15th Five Year Plan as the starting point, and optimize the layout of the state-owned economy from a larger, deeper, and broader perspective. ”Dai Xi, Director of the Planning and Development Bureau of the State owned Assets Supervision and Administration Commission of the State Council, said. From the perspective of specific measures, adhering to the simultaneous transformation of traditional industries and the development of emerging industries is still an important path for central enterprises to optimize their layout and adjust their structure. On the one hand, state-owned and state-owned enterprises will continue to deepen the implementation of the Industrial Revitalization and Launch Action, highlight the traction of engineering and scenarios, and continue to focus on key areas such as new energy, new energy vehicles, new materials, aerospace, low altitude economy, quantum technology, 6G, etc; On the other hand, we will deepen and expand the "AI+" initiative, launch a new round of digital transformation actions for central enterprises, and continue to promote technological transformation and large-scale equipment updates. Zhang Yuzhuo introduced that in the new year, state-owned enterprises will vigorously promote strategic and specialized restructuring and integration, as well as high-quality mergers and acquisitions. State owned capital investment and operation companies should better leverage their platform role, "he said. Signal 3: Focus on Integration, Strong Innovation, and Promoting Transformation During the 14th Five Year Plan period, state-owned enterprises and central enterprises have made unprecedented efforts to strengthen technological innovation. The cumulative R&D investment of central enterprises has exceeded 5 trillion yuan, the average annual growth rate of investment in emerging industries has exceeded 20%, and the number of scientific and technological talents has increased by nearly 50%. How can central enterprises win the battle of innovation leadership in the new year? The answer given at this meeting is to adhere to the integrated development of scientific and technological innovation and industrial innovation, and to coordinate the promotion of technological breakthroughs, achievement transformation, and talent ecology construction. The State owned Assets Supervision and Administration Commission of the State Council has made a series of deployments in strengthening original innovation and key core technology research and development, including "deepening the construction of original technology source areas," "improving market-oriented scientific research organization and management systems," and "cultivating and strengthening leading scientific and technological enterprises. Focusing on accelerating the transformation and application of major scientific and technological achievements, the State owned Assets Supervision and Administration Commission of the State Council proposed to promote the further upgrading and quality improvement of innovation consortia, build a good pilot certification platform, take the lead in opening up scenarios, releasing demand, sharing data, and unifying standards. Human beings are the most active, dynamic, and decisive factor among the various elements of productivity. We need to actively improve the talent education and training system, implement classified management talent, technology talent, and skilled talent training projects, and carry out large-scale training for emerging and future industry talents. ”Zhang Yuzhuo emphasized that state-owned enterprises will strengthen policy support, standardize the implementation of medium - and long-term incentives for scientific researchers, and further form a talent friendly corporate ecosystem. Signal 4: Seize the opportunity to promote reform and increase vitality. The main task of deepening and enhancing the reform of state-owned enterprises has been basically completed! The news from this meeting is exciting. During the 14th Five Year Plan period, state-owned and central enterprises will focus on enhancing their core functions and improving their core competitiveness. They will continue to promote the three-year action plan for state-owned enterprise reform and the deepening action plan for reform and improvement, and continuously tackle the pain points and difficulties that constrain high-quality development. State owned and state-owned enterprises have always been advancing through continuous reform. ”Zhang Yuzhuo stated that he will promote reform to a new level at a new starting point, further improve the modern enterprise system with Chinese characteristics, and further enhance the enterprise management and operation system. He said that in the next step, central enterprises should promote the integration of party leadership into various aspects of corporate governance, further clarify the rights and responsibilities of each governance subject; Deepen the reform of the three systems and further strengthen salary management; Accelerate the transformation of enterprise organizational structure and management processes, and continue to promote flat and intelligent transformation. (New Society)