3/5/10

Former Auditor-General Li Jinhua: monopoly state-owned enterprises led too much money too much power

Former Auditor-General Li Jinhua: monopoly state-owned enterprises led too much money too much power
(Reporter Li Jingrui) yesterday, the CPPCC National Committee vice chairman, former Auditor-General Li Jinhua National Audit Office, criticized in the CPPCC panel discussions present the state-owned monopoly status, "As far as I know, some of the leadership of monopoly power is too large, some companies, the Jige Yi or even tens of billion yuan of investment, but also the leadership of a word can be resolved. "Moreover, China's state-owned enterprises due to the leadership of implementation of the tenure system and lead to" future generations of rice regardless of their predecessors, and their descendants can only be start all over again, this I know, when the Audit Commission. "

Li Jinhua believes that the current Chinese state-owned enterprises in the monopoly of funds increasingly present form, "small business loan money, big business too much money." It is precisely because money is too abundant in hand, many monopolies through the creation of finance companies into the financial sector, businesses large profits from the stock market, "so why are so many state-owned enterprises are the way King!" Li Jinhua stressed that such a high profit masks Some internal problems of state-owned enterprises, resulting in a monopoly situation is even more serious, "some companies have been produced only for some products, but now have a monopoly on the upstream and downstream, and everyone reacted strongly to the state-owned enterprise workers with incomes as high as it is also a relationship."

Li Jinhua analysis, due to monopoly restrictions, the current lack of investment channels for private capital, such as the reason for rising prices, but also precisely because of this reason, "a lot of social capital needs to find a way redundant, high risk stocks, industrial investment is difficult, so on all the real estate speculators, so there are data that small loans to buy a house now, many of its own funds. "Li Jinhua, said monopoly if you do not really carry out shareholding reform, allowing various types of capital to enter, it is bound make the community pose a significant risk.

(Editor: Dubbo)

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