Second, the vast majority of state-owned enterprises will gradually become joint-stock enterprises with diversified investment subjects. A mixed shareholding system is implemented in the same enterprise, including state-owned shares, collective shares, individual shares, foreign-funded shares and legal person shares. All types of ownership capital have equal status and enjoy different rights and interests according to the number of shares. State-owned capital can hold shares or participate in shares, no matter which form it takes, it is the realization form of public ownership. On the basis of diversification of property rights, the shareholders' meeting will be established to become the highest authority of the enterprise. The board of directors is produced by the shareholders' meeting and is the decision-making body of the enterprise. The manager is appointed by the board of directors as the executive body of enterprise management. The shareholders' meeting, the board of directors and managers form a check and balance mechanism and establish a scientific corporate governance structure.
Third, it has created favorable conditions for the development of state-owned enterprises. The implementation of mixed ownership joint-stock system is conducive to concentrating funds from all sectors of society, realizing capital agglomeration and meeting the demand for huge funds for large-scale projects and construction projects; It is conducive to the separation of ownership and management rights, and the selection of talents with strong management skills to enterprise leadership positions; It is conducive to safeguarding the interests of all parties and mobilizing the enthusiasm of all parties, especially the broad masses of workers, to invest and start businesses; It is conducive to the separation of government and enterprise, government and capital, avoiding unnecessary administrative intervention, and making enterprises become independent market competitors; It is conducive to the integration of China enterprises with international organizations and the internationalization of enterprise organizations.