Since the reform and opening up, the state has gradually simplified and decentralized many industries and gradually liberalized the right to operate, which has promoted the development of the national economy. However, the state will continue to implement a monopoly policy on important industries related to national security, people's livelihood and national economic development.
For example; Industries such as petroleum, military industry, news media, banking and communication are directly related to the development and destiny of the country, and the country must have absolute control over key industries. In monopoly industries, the state does not pursue too high profits. Its main goal is to better serve people's livelihood, society and national security, develop the country better and faster, and bring more benefits to the people.
Extended data;
Monopoly state-owned enterprises generally have the following characteristics:
Duality of economic goals and social goals. Monopoly enterprises should not only have certain profit targets, but also undertake certain social obligations, that is, enterprises should give consideration to both profit targets and social targets in their business activities.
Under the condition of increasing returns to scale, large-scale production of one or several enterprises is indeed more efficient than simultaneous production of many smaller enterprises.
As far as its capital scale and technical engineering are concerned, the basic industry needs huge investment and is inseparable; As far as its construction process is concerned, the construction period is long, so the investment payback period is also very long; As far as the liquidity of its stock capital is concerned, it has strong solidification, and the external effects of basic industries are generally obvious.
Reference link: Monopoly enterprise-Baidu Encyclopedia