Corporate governance is in accordance with general corporate governance due to operate. Whether or not support for this model, according to the design of the next step, the SAC also need to do? The classification scheme proposed regulation, there is a need for clarification of the place, is the commercial or competitive, public or monopoly, is in accordance with industry or business to the division, the company's business segments, and should not be in accordance with the company's main division, otherwise enterprises also need to establish what to do? Directly into the fund or charitable organization can be a public service. Public providers of public goods but alternative formulation, and product provider of public regulation, which is what should be the industry's regulatory responsibilities, duties or SASAC it? The answer is self-evident. SAC neither the capacity, nor should be involved in the regulation of industry, and that this is the fundamental separation between government and enterprises. Of course, there are state-owned enterprises to provide public goods legitimacy of property, although public goods to be provided by private and is for the PPP advocated. Private provision of public goods also need to comply with common carriers (Common Carrier) legal obligations, which is the economic law (Public Economic Activities) is an important institution, the next step will need in its legislation clear. Thus, the SAC of the original 'public' nature of the supervision of state-owned enterprises, should be addressed through a new legal regime, and to industry or career as a standard, rather than the subject property and enterprise standard. This is consistent with the principles of the rule of law, but also the pain hit Governance moment. And a large number of existing competitive state-owned enterprises, the reform program has also been made clear, equity management, and are not necessarily holding. Under the current Chinese laws model, how to encourage private ownership and the government is willing to cooperate in order to generate greater revenue system? In fact this system has started, open competitive state-owned enterprises control market, allowing through mergers, acquisitions take over, and restructuring to achieve better management of the market value of equity. Ensure the implementation of this program, provided that the reform and improve the system of corporate law, securities law, more in line with the general principles of corporate governance model to constrain state-owned enterprises, with market shares of SOEs to identify whether there is any value, not the SASAC hinder transactions of property rights
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