New Breakthrough Needed in the Structure Readjustment of State-Owned Economy

State-owned economy plays a guiding role in our national economy. We can not determine its entry or exit by its gains or losses at one time, or by whether it competitive or non-competitive. Instead, we should do it by whether it belongs to the lifeline area or non-lifeline area of national economy, and we should make state-owned economy enter the lifeline area of national economy and make it bigger and stronger. Mixed-ownership enterprises in the lifeline area of national economy must control the shares. And those mixed-ownership with multiple capitals, state capital can relatively control the shares. When the management system of state capital is imperfect, the structure readjustment of state-owned economy will become ”ownerless” adjustment of capitals, which can not only reach the expected goal, but lead to the loss of state capital and ”ownerless” responsibility.