What enlightenment does Temasek model have on the management of state-owned enterprises in China?

Temasek aims to "actively participate in the construction of successful enterprises as investors and shareholders to ensure the best long-term interests of shareholders"; Its mission is "as an active investor and shareholder of a successful enterprise, committed to the sustained growth of shareholders' long-term value". Regardless of its purpose or mission, Temasek Holdings is very similar to a private company that strictly follows commercial principles. Its two major tasks are investment and holding.

Temasek's unique business model can be summarized as the mission of maximizing the value of state-owned shareholders, market-oriented operation, capital operation strategy of maximizing shareholder value, hierarchical and progressive supervision of its investment enterprises with its unique board governance structure as the core and effective incentive and restraint mechanism.

Temasek model can be summarized as an advanced state-owned enterprise management model, which takes the maximization of shareholder value and enterprise management efficiency as the management orientation, the market-oriented operation as the management means, the governance operation of the board of directors as the core, and the capital operation and investment platform as the strategic fulcrum, and completely realizes the separation of government and capital, government and enterprise, and the separation of ownership and management rights.