Siheyuan: I am different He Yuzhu

When the 72 articles carefully drafted by the drafting group of the "Regulations on State-owned Industrial Enterprises (Draft)" were submitted to the leaders for review, a heated discussion broke out.

Among them, a highly respected leader from the Ministry of Chemical Industry, after reading the draft carefully, thoughtfully put forward his own views: "Take the fertilizer industry as an example. It is really not suitable for them to reserve R&D funds as stipulated in the draft."

"After all, the technical strength of these fertilizer plants is relatively weak. It is simply a fantasy to expect them to independently carry out research and development of new equipment and new technologies! The technologies and equipment they use are all provided by the research institute."

The leader paused and continued, "I think the research and development funds originally reserved for the fertilizer plant should be transferred to the research institute that specializes in technology research. In this way, it can ensure that the research institute has sufficient and stable funding support and can continuously invest in the research and development of new technologies and new equipment."

Faced with this sudden situation, the drafting group of the "Regulations on State-owned Industrial Enterprises (Draft)" did not dare to be negligent and immediately called all members together. Everyone sat together, with serious and focused expressions, and began to conduct in-depth discussions on this key issue pointed out by the leader.

The conference room was filled with a tense atmosphere. Everyone was fully aware of the importance of this discussion to the entire draft bill, and they spoke enthusiastically and expressed their opinions...

As the one who proposed the R&D funds, He Yuzhu stood up calmly, cleared his throat, and took the lead in expressing his views. He smiled and said firmly: "The responsibility for this incident lies with me. It was my fault that I did not fully consider the key issue raised by the leader."

"Here, I would like to make a suggestion. For specific industries such as fertilizer plants, it is absolutely necessary to set up a special industrial fund. Specifically, fertilizer plants should withdraw a certain proportion of their research and development funds and pay it to the industrial fund."

After a short pause, he continued to elaborate on his point of view, his tone becoming more steady and powerful: "The R&D funds retained by the enterprise itself can be flexibly used for the transformation and upgrading of equipment within the enterprise."

"As for the industrial fund, its use is mainly focused on the in-depth research and development of new technologies by the institute. In this way, it can effectively ensure that our country's technology in the fertilizer industry can be continuously updated and keep pace with the times."

As soon as He Yuzhu finished speaking, the atmosphere in the conference room instantly became heated. One of the team members couldn't wait to agree, "Deputy Director He, this suggestion you made is simply brilliant!"

"Take the fertilizer industry for example. If we can successfully establish a fertilizer industry fund, it will undoubtedly bring a huge boost to the entire industry. And in my opinion, it's not just the fertilizer industry. For example, we can also set up a special power fund for the power system!"

"Doing so will not only benefit individual companies, but more importantly, it will also be very conducive to the long-term, stable, healthy and sustainable development of related industries!"

After He Yuzhu and the team member first expressed their opinions, everyone present began to actively participate in the discussion. Everyone spoke one after another, and launched a heated and in-depth discussion on He Yuzhu's suggestions, and actively made various supplements and improvements.

After a fierce collision and exchange of ideas, they finally succeeded in adding a crucial provision to the "Regulations on State-owned Industrial Enterprises (Draft)".

This regulation mainly focuses on companies such as fertilizer manufacturers, which are established by introducing technology provided by third parties but do not have the ability to carry out research and development of related new technologies themselves.

In view of this, a special industry fund will be established under the leadership of the ministry responsible for managing this industry. The existence of this industry fund is of great significance, and its core purpose is to promote the continuous upgrading and continuous research and development innovation of various related technologies within the industry.

Moreover, the specific allocation and use of this fund will be decided by the ministry responsible for managing the fund based on the actual development of the entire industry. They will make reasonable allocations of funds to research institutes and well-known universities with strong research capabilities in related fields according to certain standards and procedures to ensure that these scientific research forces can give full play to their advantages and help the entire industry achieve stable and sustainable development and progress.

Subsequently, the drafting group of the "Regulations on State-owned Industrial Enterprises (Draft)" carefully supplemented and improved the previous draft and submitted it solemnly again.

The revised draft began to be widely circulated among leaders at all levels, attracting their high attention and in-depth discussion. Since the revision fully took into account the opinions of all parties and the actual situation, the draft was more scientific, reasonable and feasible. Therefore, after going through layers of deliberation, it was successfully passed.

Soon after, various ministries and commissions actively responded to this decision and quickly established relevant industrial development funds based on the draft. Among them, the Ministry of Electric Power Industry took the lead in establishing the Thermal Power Development Fund and the Hydropower Development Fund, aiming to promote technological innovation and project construction in the fields of thermal power generation and hydropower generation to meet the growing energy demand.

Not to be outdone, the Ministry of Chemical Industry established the Fertilizer Development Fund and the Chemical Industry Development Fund, respectively, to promote agricultural fertilizer production and the upgrading and transformation of the chemical industry; the Ministry of Petroleum Industry also followed suit and decisively established the Petrochemical Development Fund to provide solid financial support for the long-term development of the petrochemical industry.

The Ministry of Health was not to be outdone and established the National Medical Development Fund to strengthen drug research and development and improve medical service levels... For a time, various industrial development funds emerged like mushrooms after a rain.

With the establishment of these industrial development funds, the "Regulations on State-owned Industrial Enterprises (Draft)" finally ushered in the important moment of official release. At the same time, combined with the valuable suggestions put forward by He Yuzhu, the State Council, after careful consideration, decided to set up a new specialized agency under it - the State Enterprise Management Committee.

The establishment of this committee is of great significance. It undertakes the important task of unifying the enterprises that were originally managed by various ministries and commissions under centralized management. The ministries and commissions will be able to free themselves from the tedious corporate affairs and focus more on the performance of their core administrative functions.

In this way, not only the separation of government and enterprises is achieved and management efficiency is improved, but it also helps to optimize resource allocation and further promote the vigorous development of state-owned industrial enterprises in the direction of standardization and specialization.