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Realize the body is still vague and general. I would like to make is that, as the 'absence of owner' of state-owned enterprises, the principal - that is, the need to reform the government level. Although the future of long-term institutional vision systems still need further reflection and extensive discussion, but the next moment urgent and concrete reform path is: the abolition of the SASAC. Abolition of the SASAC, the return in 1988 as a state-owned assets belonging to the Treasury Board model, it only needs to be responsible for actually completed the historical mission: to confirm and property registration functions, for those who still do not have corporate reform state-owned enterprises. Further, it is unreasonable to abolish most developed in the past, the effect of bad laws and regulations, state-owned enterprises to reconstruct equity management model, the next step is the key to the reform of mixed ownership. Locked in, if it continues to follow the stale by the SASAC, its own self-interest to facilitate supervision, administration and management, not only will lead to sluggish state-owned enterprises continued efficiency, leading to further cost-owned enterprises to become the overall economic system. The public-private mix change sought one, capital management, market-driven targets will fall. Role conflict and the absence of accountability, the SASAC in 1993 after gradually explore the establishment of state-owned assets management system and state-owned enterprises will be set to the same company and general business subjects, subjects of private law profit targets to be bound by the Company Law. SASAC a starting role, just OK, and the registration of the company in the state-owned property. But when the SASAC to obtain property management role, arguably, the people as a specific investor assets, it should be in the public interest and to fulfill equity management, but the result is, the SAC administrative mode of operation, the repression, the destruction general principles of corporate governance and equity management, resulting in inefficient state-owned enterprises, even at a loss again. 'State-owned Assets Law' Article VII provides that the State take measures to promote the state capital to focus on the relationship between national economy and national security of the important industries and key areas, optimize the layout and structure of the state economy. While Article VIII also provides that the State shall establish and improve the state-owned assets assessment and accountability system, the implementation of state-owned assets responsibilities. From France