Research On Asset Securitization Model Of State-owned Enterprises In Beijing-Tianjin-Hebei Region

The Third Plenary Session of the Eighteenth Central Committee set the tone of deepening the reform and put forward the policy of further utilizing the market service reform.In the new round of reform,state-owned enterprises should use the capital market to force their own reform.With the introduction of the CPC Central Committee and the State Council on the top of the reform of state-owned enterprises continue to introduce the various local governments have introduced a corresponding state-owned enterprise reform policy,make full use of capital markets,improve asset securitization rate in state-owned enterprise reform is regarded as a major trend.Beijing-Tianjin-Hebei integration and other related concepts proposed for the development of the Beijing-Tianjin-Hebei region pointed out the aspects of the Beijing-Tianjin-Hebei region has a large state-owned state-owned enterprises,state-owned enterprises should be through their own reform to better serve Integration of Beijing,Tianjin and.The research of this thesis is divided into two parts.First,the general model of asset securitization of state-owned enterprises in Beijing-Tianjin-Hebei region is the study of listing mode,and the other asset securitization model of state-owned enterprises in Beijing,Tianjin and Hebei region is mainly based on narrow assets The perspective of securitization.First of all,using the method of empirical research,this paper analyzes the performance and performance of state-owned enterprises(SOEs),which have been listed in the Beijing-Tianjin-Hebei region as a sample,through empirical research.Secondly,combined with the integration of the provinces and cities under the background of integration,analysis of the functional orientation in the background,the state-owned enterprises in the industry how to carry out their own positioning,and in the case of clear positioning,how to use the listing model as the main model Supplement the way to reform.Through the research of this paper,it is found that the improvement of the performance of the state-owned enterprises is not obvious after the overall listing.The main reason is the impoverishment of the market motives,the lack of market exit mechanism,but also the state-owned enterprises with obvious improvement in business performance.At the same time,the narrow asset securitization model is an important supplement to the listing model,and it should be a place in the reform of state-owned enterprises.Therefore,this paper suggests that the government departments in Beijing,Tianjin and Hebei should introduce relevant policies and systems to ensure the smooth development of the two modes of asset securitization of state-owned enterprises,while the state-owned enterprises in the Beijing-Tianjin-Hebei region should also change their minds and accelerate the pace of reform.