Study On Working State-owned Assets Budget Management System

The report of No. 16 Party Congress raises a claim of establishing a new system of state-owned assets management, that is, the state should formulate laws andregulations to set up the system of state-owned assets management------central andlocal government represent the state to fulfill the duties of assets-owners respectively, and enjoy the unity of owners' rights obligations and responsibilities, and combine the management of assets, human resources and businesses. The significant difference between the new system and those old ones is that central and local governments represent the state to fulfill the duties of assets-owners respectively. In this new system, how to manage state-owned assets becomes the major problem when considering the combination of management of assets, human resources and businesses. Since the establishment of policies of opening up and reform, Chinese government has begun to study the ways of state-owned assets management reform, and has created "hushen pattern", "yitiliangyi pattern" and "shichang pattern". But unfortunately, through our study, the three patterns listed above couldn't meet the requirement of the new management reform. However my study of the working state-owned assets budget management, with the character of three levels, separation of politics and capital, separation of politics and enterprises, classification management and budget management, overcomes the shortcoming. In a word, this budget management is believed capable of managing state-owned assets successfully.This budget management system includes check, weaving, implementation, evaluation and supervision of budget. Check provides the base members for the budget, which is the premise of the budget management. Budget weaving shows the direction of budget management and is the basis of the budget management. Different from government budget and enterprise budget, working state-owned budget takes owner's right as its core, which guarantees the working state-owned of assets pledge in value, moreover, aims to rise in value. Implementation of the budget not only resolves the norm to relevant units, but also create good environment for the budget, and concern the selection of managers of state-owned enterprises. Evaluation of the budget is the supplement of the working state-owned budget management, not only laying the foundations for the units' reward, but also adjusting the next budget. The supervision lies in all the processes, and safeguards the smooth running of budgetmanagement. All the factors play roles together to achieve the working state-owned assets budget management successfully.By the way. this paper also mentions some relevant elements of the working state-owned assets budget management, such as development strategy of state-owned assets and the laws. If these elements play positively, they will help achieve the budget management, or, they will hinder its development.