The necessity of the reform of the company system owned by the whole people

Legal analysis: Is the enterprise owned by the whole people a state-owned enterprise? The significance of the reform of enterprises owned by the whole people ... An enterprise owned by the whole people refers to a commodity production and business operation entity whose property belongs to the whole people, which operates independently according to law, is responsible for its own profits and losses, and has independent accounting.

Legal basis: People's Republic of China (PRC) Company Law.

Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys legal person property rights. The company is liable for its debts with all its property.

Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.

Article 63 If the shareholders of a one-person limited liability company cannot prove that the company's property is independent of the shareholders' own property, they shall be jointly and severally liable for the company's debts.