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Why are state-owned assets seriously lost? What is the mechanism or way of the loss of state-owned assets?
The loss of state-owned assets usually refers to the loss of state-owned assets: investors, managers and operators of state-owned assets violate laws, administrative regulations and rules due to subjective intention or negligence, resulting in the loss of state-owned assets.

The loss of state-owned assets has occurred in various forms and channels at the same time. The main forms are:

The loss of state-owned assets in the process of shareholding system reform and auction; The loss of state-owned assets formed by false bankruptcy and real debt evasion; In the process of property right transaction, the evaluation agency maliciously underestimates the value of state-owned assets; False joint venture to set money; Decision-making mistakes, resulting in huge losses and losses of state-owned assets; And state functionaries take the opportunity of closing, stopping, merging, transferring, contracting, renting, merging and selling enterprises, and use their powers to commit corruption crimes.

Extended data:

cause

The loss of state-owned assets is common due to mistakes in decision-making. The reasons are as follows: First, the "regional interests" cause trouble, blind introduction and repeated construction. According to relevant data, there are hundreds of billions of investment losses caused by decision-making mistakes.

Almost every province in China has color TV production lines, however, the utilization rate of color TV production lines is only 45%; In order to revitalize the local economy, various regions blindly introduced production lines of refrigerators and washing machines without paying attention to actual results. However, due to factors such as the market and the quality of the products themselves, they had to stop production one after another. At present, the utilization rate of their production lines is only 40%.

Due to the temporary overheating of the market and the drive of "regional interests", local governments, department leaders and business operators are encouraged to make profits, which eventually leads to decision-making mistakes. Second, the decision-making is undemocratic and centralized. In order to enable enterprises to develop in a more relaxed environment, in the late 1980 s, the reform put forward a new idea: separating government from enterprises.

After the separation of government and enterprise, enterprises got rid of the intervention of many mother-in-law and developed rapidly. But at the same time, it exposes a problem that can not be ignored: the legal representative has the final say, that is, one head, one thought, one pen and one mouth.

A TV factory is one of the earliest TV manufacturers in China. During the period from 1988 to 1990, the director made a decision to invest 60 million yuan in a joint venture with a Japanese company to build an air conditioner factory, and the profit sharing with foreign parties was reversed.

Then, it invested 30 million yuan to introduce the foreign production line of flat bypass output transformer, which could not be used because of improper selection and became a pile of expensive iron; Later, it invested 1 100 million yuan to introduce the carton production line from the United States. Because there is no market for the products, the equipment has not been started so far.

References:

Baidu encyclopedia-loss of state-owned assets