Jointly organized by

 

The National School of Development, Peking University

&

The Organization of Economic Cooperation and Development

 

 

Zhifuxuan Classroom, National School of Development, Peking University

7 May 2015, 8:30-16:00

 

国内和国际视角下的中国国有企业改革

 

北京大学国家发展研究院、经济合作与发展组织联合举办

地点：北京大学国家发展研究院致福轩教室

时间：2015年5月7日8:30-16:00

语言：英语

 

  Background

China is undertaking another wave of state-owned enterprise (SOE) reform. After the first wave of reform in the 1990s, the number of non-financial SOEs in China has been reduced to about 120,000. Most of them belong to 113 large corporate groups managed by the national SASAC (State Assets Supervision and Administration Commission). Although their size of employment is relatively small, SOEs contribute significantly to the national economy, accounting for 30 percent of the country’s industrial value-added. In the financial sector, state-owned banks and other financial institutes maintain a dominant role.

While making a significant contribution to the national economy, Chinese SOEs also face serious problems. The classic problem of soft-budget constraint still prevails. It is much easier for SOEs to obtain capital or bank finance than private firms although SOEs are less efficient than private firms. As a result, private firms have to resort to high-cost finance to sustain their operation. In addition, large SOEs create high entry barriers for private firms and enjoy monopolistic profits. However, wholesale privatisation is an unlikely outcome. It is therefore imperative to find ways to strengthen the efficiency and corporate governance of SOEs.

 

Draft agenda [8.30-9.00]: Registration and welcome.

 

[9.00-10.00]: Introductory discussion: SOEs and economy-wide efficiency. 开场讨论：国有企业及经济效率 Mr. Yang Yao, Dean, National School of Development, Peking University. Mr. Anders Berg, Chair of the OECD Working Party on State Ownership and Privatisation Practices. Mr. Ahmet Aksu, President of the Turkish Privatization Administration (ÖİB). Open forum. Thematic discussions: Panels of experts. 主题讨论  [10.00-12.00]: The next step of SOE reform: Experience from the field (Panel to be chaired by Yiping Huang): 下一步国有企业改革的方向 Mr. Zhiyong Liu, Executive Director of Board, Plateau Holding Co., Ltd. Paul Hubbard, Australian National University and Peking University Ms. Günden Peker Çınar, Head of Department, Turkish Privatization Administration (ÖİB). Mr. Anders Berg, Chair of the OECD Working Party on State Ownership and Privatisation Practices Open forum.

 

[12.00-13.00]: Lunch break.

 

[13.00-15.00]: Managing SOEs (Panel to be chaired by Sangkyom Kim): 国有企业的治理 Mr. Changwen Zhao, Director-General Enterprise Research Institute, Development Research Centre of the State Council. Mr. Hans Christiansen, Senior Economist, Corporate Affairs Division, OECD Directorate for Enterprise and Financial Affairs Hao Wang, Professor of Economics, National School of Development, Peking University. Il Chong Nam, Professor of Economics, KDI School of Public Policy and Management, Korea Open forum.

 

[15.00-16.00]: Policy session. 政策讨论

Moderators:

Mr. Yang Yao, Dean, National School of Development, Peking University,

Mr. Sangkyom Kim, Senior Counsellor, Office of the OECD Secretary General.

 

Introductory remarks by the Panel Chairs. Free forum among the panellists and the audience. Discussion of a draft Summary Report.

 

Online Registration:  http://form.nsd.pku.edu.cn/35/survey/UserData/U150/s1376.aspx