Research On The Governmental State-owned Captial Operating Budget Management

With the gradually improvement of socialist market economic system and constant deepening reform of the economic system, state-owned economy and state-owned assets has undergone profound changes. State-owned asset management has made dramatically achievements, the efficiency of state-owned economy has improved greatly, the competitiveness of state-owned assets should not be underestimated and the earnings has improved. To adapt, the amount and value of state-owned capital get a remarkable growth. However, how to make state-owned capital to play a better role, how to ensure state-owned economy to promote the whole society even more favorable to improve the efficiency of resource allocation is worthy of serious study. To find answers on these new issues, the government has been working on the implementation of state-owned capital operating budget. Now as we mention state-owned capital operating budget, a lot of people think it's the same as imposing revenue on state-owned and state-controlled enterprises, which makes the issue one-sided and simplistic. In addition to imposing revenue, the state-owned capital operating budget management has richer content. State-owned capital operating budget includes budgetary revenue and budgetary expenditure. Whether the decomposition and implementation of budgetary revenue indicators , or the confirmation and implementation of the budgetary expenditures structure, it is all about to deepen the state-owned asset management and to macro-control the country's economic development.Operating budget of state-owned capital has been raised for many years , academics have been studying for years but have little systematic research results, not to mention any conclusion. State-owned assets abroad do have a lot of management theory, but there is no state-owned capital operating budget as an independent system. This makes my writing encounter a serious challenge. But also, this makes the research in this area more open and more possibility.In this paper Chapter I introduces the research background, the significance , the difficulties and focus of the study, and also the innovations and expected results. Explore the necessity and practical significance of establishing the state-owned capital operating budget . Chapter II introduces relevant theories of state-owned capital operating budget, including the relevant theoretical basis , concepts of state-owned capital operating budget , and state-owned capital operating budget system's position in the government budget. Chapter IV is to do preparations through a clear descriptions of subjects and the objects of state-owned capital management for the next chapter.Chapter III introduces the status quo of state-owned capital operating budget management, including China's state-owned capital operating budget development , the practice of state-owned capital operating budget with Shenzhen and Shanghai as representatives , existing problems of state-owned capital operation budget management.Chapter V introduces the building of state-owned capital management with the revenue and expenditure as a framework, which is the focus content of this article. Management of state-owned capital operating budget is a system. As two pillars of this system, all problems can be carried out around revenue management and expenditure management. In the operating budget of revenue management, this article focuses on the income components, income characteristics, standards of the collection, revenue recognition and regulatory issues; in the operating budget of expenditures management, it focuses on expenditure components , expenditure principle, the approval of expenditure and investment management; at last, it focuses on the establishment of security management mechanisms to keep revenue and expenditure balance.To ensure the integrity of state-owned capital operating budget management system , this article also introduces the organization, implementation, monitoring and auditing, evaluation of it. Although briefly introduced, but innovation and improvement has been mentioned.In this paper, the innovation points embody in Chapter V which covers: 1, in the state-owned capital operating budget of revenue management ,it discusses which kinds of enterprise with which collection criterias an items, and how to ensure and regulation the income; 2, in the expenditures management, it discusses how to develop the expenditure principles and distribution the incomes, not only to make up for gaps in public finance and social security budget, but also to increase the value of state-owned capital; 3, it focuses on the establishment of security management mechanisms to keep revenue and expenditure balance.