Reform of Incentive Mechanisms and Innovative Paths for State-Owned Enterprises in the New Era

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v6i4.4196

Huan Wang

SINOPEC Catalyst Co., Ltd., Beijing, China

Abstract

State-owned enterprises (SOEs) are an important pillar of the national economy and play an irreplaceable role in China’s economic and social development. Strengthening the reform and innovation of SOE incentive mechanisms is an important measure to promote the modernization of SOE governance systems and governance capabilities. It is of great significance for improving corporate governance structures, promoting entrepreneurial spirit, fully mobilizing talent enthusiasm, and enhancing core competitiveness. Based on this, this paper conducts research from the perspective of SOE incentive mechanisms, adopting a problem-oriented research method. Firstly, it clarifies the importance and new requirements for advancing the reform and innovation of SOE incentive mechanisms in the new era; secondly, it analyzes the bottlenecks and problems existing in current SOE incentive mechanisms; finally, it studies the reform and innovation paths of SOE incentive mechanisms in the new era combined with practical situations. Through this research, the paper aims to provide some ideas and explorations to further deepen the reform and innovation of SOE incentive mechanisms and support the high-quality development of enterprises.

Keywords

incentive mechanism; state-owned enterprises; bottleneck problems; reform and innovation paths

References

[1] Meng Fanhua. In-depth Analysis of the “Three Systems” Reform in SOEs with the Goal of Stimulating Endogenous Motivation [J]. Today’s Wealth, 2025, (10): 16-18.
[2] Xiong Wei, Feng Fan, Xie Zhujun. Research on Paths to Encourage Responsibility and Initiative of Cadres in SOEs in the New Era [J]. Contemporary Electric Power Culture, 2025, (01): 54-55.
[3] Ma Xiao, Cheng Shuang. Analytical Framework for Constructing a Modern SOE Incentive Theory with Chinese Characteristics [J]. China Leadership Science, 2021, (04): 97-102.

Copyright © 2025 Huan Wang

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