SASAC Has Made Numerous, Partial And Small Overseas Inspections.

The "go out" of central enterprises should guard against the loss of assets. As a matter of fact, it is a routine routine for the supervisory board of the state-owned key large enterprises to entrust the third party to carry out the inspection of foreign assets.

The tender announcement of the SASAC website shows that the SASAC has conducted third party tenders for foreign assets inspection projects on many occasions, and from 2011 to 2012, the SASAC has promulgated the Interim Measures for the supervision and administration of state-owned assets outside the central enterprises, the Interim Measures for the management of foreign property rights in Central Enterprises, and the Interim Measures for the management of overseas investment by central enterprises, and so on, and has established a supervision system for overseas assets of central enterprises, aiming at strengthening supervision. According to a reporter close to the SASAC, China Economic Weekly revealed that "the supervision of overseas state-owned assets is very difficult because of manpower and financial resources. Some regulatory documents have been drafted for several years, and it is easy to draft."

Inspection and Regulatory effect How the public information is not displayed.

The head of the auditing department of a telecommunications industry told reporters: "the SASAC's organizations are all partial and small, and a wider range of assets auditing of overseas central enterprises comes from the parent companies of the overseas branches of central enterprises, namely, the headquarters of the central enterprises."

some Commerce and trade industry Central enterprises executives told the media, "overseas assets have too many complicated factors. Well, it is not the SASAC's work. If it is not well managed, it is not the SASAC. "

It is foreseeable that the decision-making level will not allow the overseas assets of the central enterprises to become a confused account. SASAC The third party organization and the National Audit Commission will give the answer.

The data disclosed by Huang Danhua in the above speech also reflected another reality. Along with the acceleration of internationalization of the central enterprises and the increasing scale of overseas assets, the proportion of overseas profits has declined sharply. The ratio of profit from overseas operating units of central enterprises to total profit of central enterprises fell from 37.7% at the end of 2009 to 9% at the end of 2014.

Zhu Zhixin, former deputy director of the national development and Reform Commission, said at the annual meeting of 2015 Chinese funded enterprises outside China in March 21st, that China's new foreign direct investment will reach 1 trillion and 500 billion yuan in the next 10 years. China will focus on promoting cooperation with the countries along the belt and road in infrastructure, energy, economy and trade.

1 trillion and 500 billion investment is about to set sail for the sea. The central enterprises carrying out national strategies such as infrastructure and energy are undoubtedly the main force in landing investment. In this process, how to maintain and increase the value of state-owned assets is worthy of everyone's consideration.

The officials of the foreign investment division of the NDRC once said to the media, "(central enterprises) have gone out for 10 years, but they have gained a lot from the scale of assets, but the lesson of failure is more than that of successful experience, and some areas have almost become the worst hit areas."

The lessons of failure differ from each other, and the fact is very similar.

For the central enterprises known as "the eldest son of the Republic", is this the pain of barbaric growth, or the cost of spanformation and upgrading? Or is it the frustration of the existing institutional mechanisms?

No matter what, this is doomed to be a history that can not be revisited.