Central enterprises’ headquarters accelerate their departure from Beijing, why these cities have become major settlements
Author: Zhu Yanran
[ 中央企业总部集中在北京，是计划经济模式遗留下来的问题，因为很多央企总部本来就是国务院下属的部委，后来才改制企业，就留在了北京，有些后成立的也留在北京，这不光是计划经济思维，还有中国人文化习惯。目前央企总部过度扎堆在北京，不利于央企本身的市场化发展，也加剧了北京的城市运行负担。 ]
With the easing of non-capital functions and the advancement of the reform of central enterprises, the pace of the relocation of the headquarters of central enterprises from Beijing has been accelerating. Rui Xiaowu, chairman of China Electronics Corporation, recently revealed that in December this year, China Electronics will complete the relocation of the group headquarters to Shenzhen, Guangdong, and deeply integrate into the construction and development of the Greater Bay Area.
This is not alone.China ShipThe headquarter of the group will be moved to Shanghai in December. The newly formed China Electric Equipment Group was listed in Shanghai in September this year, and China Three Gorges Group moved to Wuhan.China SatelliteThe Internet Group, Sinochem Holding Group, and China Huaneng Group have all announced their landing in Xiong’an.
Li Jin, the chief researcher of the China Enterprise Research Institute, told China Business News that the historical process of the relocation of the headquarters of central enterprises has accelerated. Some of the central SOE headquarters are concentrated in Xiongan New Area; the other part is to combine its own development needs and focus on the main business to be close to the frontier of the industry.
Relieve non-capital functions and speed up
A reporter from China Business News found that seven state-owned enterprises have decided to relocate their headquarters outside Beijing this year or settle down outside Beijing.
Xinhua News Agency’s “Finance State Weekly” quoted a source from the State-owned Assets Supervision and Administration Commission of the State Council as saying that it is imperative to push the headquarters of central enterprises to leave Beijing. The location of the central SOE headquarters is not easy. It is necessary to combine its own development needs and stay close to the forefront of the market, but also to stimulate regional economic development and demonstrate the strategic intention of optimizing the structure of the state-owned economy.
Li Jin told China Business News that since the state proposed in 2014 that Beijing’s non-capital functions should be resolved as the core, Beijing has opened the curtain of leaving Beijing for the headquarters of central enterprises. Now entering the actual operation stage, the action has been significantly accelerated.
At present, there are more than 120 central enterprises nationwide, including 96 non-financial central enterprises, 26 financial central enterprises, 3 administrative central enterprises, and 3 cultural central enterprises. There are 96 operating central enterprises in China, including 5 in Shanghai, 5 in Northeast China, 4 in Guangdong, 2 in Xiong’an, Hebei, 1 in Chengdu, 4 in Hong Kong and Macau, and the rest are in Beijing.
Li Jin analyzed that the concentration of central enterprise headquarters in Beijing is a problem left over from the planned economy model, because many central enterprise headquarters were originally ministries and commissions under the State Council. Later, they restructured the enterprises and stayed in Beijing, and some of them also stayed in Beijing. , This is not only the planned economy thinking, but also the cultural habits of the Chinese. At present, the headquarters of central enterprises are overcrowded in Beijing, which is not conducive to the market-oriented development of central enterprises themselves, and also aggravates Beijing’s urban operation burden.
Hebei Xiong’an New District has entered an important stage of undertaking the simultaneous advancement of Beijing’s non-capital functions and large-scale development and construction. Some central enterprises have already or will “landed” in Xiong’an. In accordance with the overall work deployment of the central government, starting from this year, we will focus on universities, hospitals, and central enterprise headquarters in Beijing, and promote relevant non-capital functions to the Xiongan New Area in phases and batches, and strive to form a number of benchmarks during the “14th Five-Year Plan” period. project.
On May 10 this year, the central SOEs implemented the Beijing-Tianjin-Hebei coordinated development strategy to support the development of the Xiongan New Area and the central-district cooperation symposium was held in Xiongan. What has caught the attention of the outside world is that more than 50 chief executives of central enterprises attended the meeting.
China Satellite Networks Group Co., Ltd. is the first central enterprise registered and settled in Xiong’an New District. On April 29, the State-owned Assets Supervision and Administration Commission of the State Council issued an announcement stating that China Satellite Networks Group Co., Ltd. will be formed. The company is a satellite Internet operating company led by state-owned assets such as China Electronics Information Industry Corporation and China Aerospace Science and Industry Corporation. It is mainly responsible for the overall planning of China’s satellite Internet development tasks.
On May 8, Sinochem Holdings Co., Ltd., a joint reorganization of Sinochem Corporation and China National Chemical Corporation, was formally established. The published business license information shows that the registration authority is the Public Service Bureau of Xiong’an New District, Hebei Province, and the residence is located at No. 001, Enterprise Headquarters Area, Startup Zone, Xiong’an New District, Hebei Province.
According to the official website of China Huaneng Group, on August 6, Shu Yinbiao, Secretary of the Party Leadership Group and Chairman of China Huaneng Group, and Zhang Guohua, Member of the Standing Committee of the Hebei Provincial Party Committee and Deputy Governor, Secretary of the Party Working Committee and Director of the Management Committee of Xiongan New Area, held a meeting in Xiongan New Area. During the meeting, they exchanged in-depth views on supporting the development of Xiongan New Area, promoting high-quality relocation work, and strengthening cooperation in related fields.
Shu Yinbiao said that Huaneng will give full play to its own advantages, take the headquarter relocation and corporate development as an opportunity, make overall plans, promote the implementation of the relocation work with high quality, and set a good example. At the same time, it will strengthen in-depth cooperation with Xiongan New Area in the fields of comprehensive energy services, new energy layout, finance, and technology to promote the high-quality development of Xiongan New Area.
Focus on the industry frontier
In addition to relocating to Xiongan, focusing on the frontiers of the industry is another way of thinking for central enterprises to relocate abroad.
China Three Gorges Corporation announced on September 26 that it would relocate its headquarters to Wuhan, Hubei. This was actually a “relocation”. On September 27, 1993, in order to construct the Three Gorges Project, with the approval of the State Council, China Yangtze Three Gorges Project Development Corporation was formally established with its headquarters in Yichang, Hubei.
Three Gorges Group said that with the relocation of its headquarters to Wuhan, Hubei, China Three Gorges Group will better serve the development of the Yangtze River Economic Belt, protect the Yangtze River, and promote the rise of the central region and other major national strategies, and strive to become a model benchmark for central-regional cooperation. , To make greater contributions to promoting the high-quality development of Hubei’s economy and society.
So far, the central enterprises owned by Wuhan have expanded to three ——Dongfeng Motor, Three Gorges Group, China Xinke. This number has surpassed that of the first-tier city Guangzhou (China Southern Power Grid,southern Airline), the mainland is second only to Beijing and Shanghai, and Wuhan’s status as a national central city has been further consolidated.
September 25th, byChina West ElectricThe headquarters of China Electrical Equipment Group Co., Ltd. reorganized by the group and State Grid Corporation of Xu Ji Group, Pinggao Group, Shandong Electric Group, Nari Hengchi, Nari Telstar, and Chongqing Borui also chose to settle in Shanghai.
Li Jin said that the establishment of China Electric Equipment Group will further consolidate Shanghai’s position as a central node and strategic link. This is the need to build a new development pattern in which the domestic big cycle is the main body and the international and domestic double cycles promote each other. As the leader of the Yangtze River Economic Belt and the Yangtze River Delta, Shanghai is located at the intersection of the domestic and international markets. In recent years, Shanghai has proposed to create a “domestic large-circle central node, domestic and international dual-circulation strategic link”.
The headquarters of China State Shipbuilding Corporation will be relocated to Shanghai in December. China State Shipbuilding Corporation was established in October 2019 by the joint reorganization of the former China State Shipbuilding Corporation and the former China Shipbuilding Industry Corporation. In August this year, the Shanghai Municipal Government and China Shipbuilding Corporation signed a cooperation agreement. According to the agreement, China State Shipbuilding Corporation will increase its development in Shanghai, accelerate the adjustment of its industrial layout in Shanghai, vigorously promote the agglomeration and development of marine innovative resources in Shanghai, and strive to improve the development level of the marine equipment industry and the modernization level of the industrial chain and supply chain. To serve the national strategy and contribute to Shanghai’s urban development.
In Li Jin’s view, Shanghai has always been a benchmark city for the development of advanced manufacturing. The combination of leading companies and benchmark cities has not only polished the business card of “Made in Shanghai”, but also boosted the development of China’s equipment manufacturing industry to a new level.
There are also traces of China Electronics’ relocation to Shenzhen. As early as during the National Two Sessions in 2018, Rui Xiaowu said in an interview with the media that China Electronics Group will transfer 90% of its assets to Shenzhen through asset reorganization, focusing on the development of the intelligent manufacturing industry. Shenzhen is an important base for the national manufacturing industry, especially the electronics manufacturing industry has a solid foundation. Shenzhen is very optimistic about the prospects for the development of intelligent manufacturing.
On December 29 last year, China Electronics established “China Electronics Co., Ltd.” in Shenzhen. The company is a network information business operation platform established by China Electronics and is a national mixed-ownership reform pilot enterprise. Its asset scale and operating income both exceed 100 billion yuan. , Strategically invested by a number of central enterprises and central financial institutions, aimed at accelerating the creation of a core force and organizational platform for the national cyberspace industry. At that time, industry insiders analyzed that China Electronics used the opportunity of state-owned enterprise reform to establish a group holding company in Shenzhen in order to gradually shift its business focus to Shenzhen.
The significance of the arrival of China Electronics is not only to add a Fortune 500 company to Shenzhen, but also to join forces with the backbone of central enterprises and the major cities of the information industry to create greater value for the country.
In addition, a number of strategic reorganizations of state-owned enterprises are about to land, and the newly formed China Logistics Group and China Rare Earth Group’s headquarters landing plans are also attracting attention.
“At present, the reform and reorganization of central enterprises has entered an accelerated channel. China Logistics Group and China Rare Earth Group have been included in the preparation schedule, and the headquarters may be located in Xiong’an. From the perspective of driving regional development, the headquarters of China Rare Earth Group in Jiangxi is also a support for Jiangxi. “Li Jin said.
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