What are the three major institutional reforms of enterprises?

The three systems mainly refer to the labor, personnel and distribution systems.

It is the fundamental system in enterprise management mechanism, and the three systems of enterprise reform refer to an improved mechanism for state-owned enterprises in the State Council. Managers can be promoted and demoted, employees can enter and leave, and income can increase and decrease.

With the transformation of state-owned enterprises, personnel are also experiencing the double challenges of transformation, distribution system reform, efficiency and fairness, and it is necessary to implement various improvement measures for various state-owned enterprises in accordance with the three major systems.

Carrying out three system reforms is not only an important content of deepening enterprise reform and creating a new model of state-owned enterprises, but also a realistic need for joint-stock companies to accelerate transformation and upgrading and enhance development momentum. Major enterprises need to deeply understand the great significance of the reform of the three systems, fully grasp the objectives, tasks and key contents of the reform, and fully promote the reform of the three systems to achieve positive results.