Inspiration of the definition of TPP statedowned enterprises for the reform of classification of Chinese statedowned enterprises(PDF)
《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]
- Issue:
- 2017年04期
- Page:
- 86-94
- Research Field:
- 经济管理
- Publishing date:
Info
- Title:
- Inspiration of the definition of TPP statedowned enterprises for the reform of classification of Chinese statedowned enterprises
- Author(s):
- YU Ye
- School of Law, Tongji University, Shanghai 200092, China
- Keywords:
- TransPacific Partnership; competitive neutrality rule; fully competitive stateowned enterprises; public welfare stateowned enterprises; preferred stock
- PACS:
- F276.1;F744
- DOI:
- -
- Abstract:
- Stateowned enterprises were regulated by competitive neutrality rules of TPP after China entering TPP. The optimization of the property right structure of stateowned enterprises, the improvement of compliance of enterprises and the applicability of TPP competitive neutrality rules became an important issue for China to promote the reform of stateowned enterprises mixed ownership. On the basis of the literal interpretation of the agreement text of article 17.1 of TPP, standards of the definition of TPP stateowned enterprises were inducted. Combined with the relevant policy documents of the reform of classification of statedowned enterprises, inspiration of the definition of TPP statedowned enterprises for the reform of classification of statedowned enterprises was analyzed. Research shows that fully competitive stateowned enterprises are more likely to be identified as the TPP stateowned enterprises. Equity structure should be optimized, which means that the proposition of stateowned assets of stateowned enterprises is set as relative stateowned holding or staterun equity participation, until stateowned capital is completely withdraw; the set of preferred stock is encouraged, and the application of special stock management system such as gold shares, plural voting shares and so on in the fully competitive stateowned enterprises is strictly restricted, in order to weaken the absolute voting status of state shares and reasonably avoid competitive neutrality rule of TPP.
Last Update: 2017-10-20