In recent years, SASAC and central enterprises have made solid efforts to slim down, improve quality and increase efficiency, and continue to promote the work of "reducing burdens". By the end of May, the central enterprises had reduced the number of enterprises1131by 2 1.33%, achieving the goal of reducing the number of enterprises by 20% one year ahead of schedule. The longest management level has been reduced from 8 to 6, and 90% of enterprises as legal persons are controlled within 10.

Through the "reduction" work, the costs and losses of central enterprises have been effectively controlled, the asset quality has been continuously optimized, and the labor productivity has been continuously improved. By the end of May, this reduction has reduced labor costs by 20.6 billion yuan and management expenses by 654.38+07.8 billion yuan. Among the reduced corporate institutions, there are 6,777 unprofitable enterprises, accounting for 6 1%, including 3,884 loss-making enterprises, with a loss of 596170,000 yuan in the previous year, and 4,932 "shell enterprises" without personnel, assets and income. A total of 1996 insolvent enterprises were reduced, with total liabilities of 404.4 billion yuan.

While improving the quality of assets, enterprises have also improved their profitability. In 20 17, the central enterprise return on total assets increased by 6.09%, and the per capita profit increased by 15.93%. The reduction involves about 785,000 employees, of which 92.8% (728,000) are placed within the group or transferred to other units with the enterprise or control; 7.2% (57,000 people) terminated the labor contract through agreement and left the enterprise. In this process, the central enterprises attach great importance to and earnestly safeguard the legitimate rights and interests of employees, properly handle the relations between all parties, and ensure the normal development of production and operation and the stability of enterprises.