On the 17th, the State owned Assets Supervision and Administration Commission of the State Council announced that it will hold a seminar for central enterprise leaders from July 16th to 17th. The State owned Assets Supervision and Administration Commission of the State Council stated that since the beginning of this year, the overall economic operation of central enterprises has been stable, with an added value of 5.2 trillion yuan from January to June. The State owned Assets Supervision and Administration Commission of the State Council has proposed that the high-quality development of central enterprises should focus on improving operational efficiency, growth potential, and development value, and accelerate the transformation from "sweat based growth" driven by a large amount of factor investment to "smart growth" driven by technological innovation. Since the completion of fixed assets investment of 2 trillion yuan this year, state-owned central enterprises have resolutely implemented the decisions and arrangements of the Party Central Committee and the State Council, actively recognized changes and strain, worked hard to overcome difficulties, and handed over a steady mid year answer. From January to June, it achieved an added value of 5.2 trillion yuan, completed fixed assets investment of 2 trillion yuan, and maintained a high level of investment in strategic emerging industries. The annualized total labor productivity was 816000 yuan/person, a year-on-year increase of 2.3%. The R&D expenditure of central enterprises is 413.98 billion yuan. The sales of electricity, crude oil production, aviation transportation turnover, container throughput, etc. have all steadily increased year-on-year, effectively playing the role of the backbone and ballast of the national economy. In multiple fields, the performance of state-owned enterprises is commendable. Technological innovation is promoted in a chain and systematic manner, supporting the effective enhancement of the independent and controllable capabilities of key industrial chains. The upgrading of traditional industries and the cultivation of emerging industries are working together, and solid steps have been taken in the construction of a modern industrial system. The deepening of reform and the implementation of actions to enhance efficiency have been carried out, restructuring and integration have been carried out in depth, corporate governance has been continuously optimized, and regulatory efficiency has been effectively improved. Serve the country's major deployment effectively, actively promote regional coordinated development, and jointly build the "the Belt and Road". The strategic support function is more prominent. The leadership of the Party and the continuous strengthening of Party building, as well as the comprehensive strict governance of the Party, have effectively promoted the sustained improvement of the political ecology. Zhang Yuzhuo, Director of the State owned Assets Supervision and Administration Commission of the State Council, stated that central enterprises should bear in mind the "bigger picture of the country", bravely shoulder their responsibilities and missions, make greater efforts in improving supply, accelerating transformation, enhancing industrial quality, and improving reform efficiency, continuously enhance core functions and competitiveness, comprehensively complete this year's target tasks, effectively respond to the situation, stabilize the overall situation, and open up new opportunities, providing strong support for economic and social development and stability. The State owned Assets Supervision and Administration Commission of the State Council stated that in order to solidly promote the high-quality development of central enterprises, attention should be paid to operational efficiency, pursuing income that highlights the leading competitiveness of the main business, profits with stable cash flow, and benefits that can truly form capital accumulation; Pay attention to growth potential, achieve effective connection between long-term and short-term goals, synchronize the accumulation of on balance sheet and off balance sheet assets, and promote the synergy of soft and hard strength; Emphasize the development value, organically unify economic, political, and social responsibilities, demonstrate and lead in maintaining market order and enhancing industry value, and take the initiative to serve the overall work of the Party and the country. Focusing on enhancing the "five values", the State owned Assets Supervision and Administration Commission of the State Council proposed to focus on "stability, optimization, guarantee, and promotion", ensure stable operation, anchor the "one profit and five rate" target, and resolutely complete the annual production and operation target tasks; Optimize investment structure, improve investment quality and return level; Ensure national security and effectively play the role of strategic support and bottom line; Promote coordinated development, strengthen stable production and supply of important products, assist market entities in overcoming difficulties, actively serve and improve people's livelihoods, and effectively help strengthen the domestic circulation. For the key work in the second half of the year, the State owned Assets Supervision and Administration Commission of the State Council requires that state-owned enterprises must accelerate the cultivation and growth of new quality productive forces, and accumulate new momentum and advantages for creating a new era of enterprise reform and development. Placing the development of new quality productive forces in a more prominent position, continuously improving total factor productivity, striving to open up the "second curve" of growth, and accelerating the transformation from "sweat based growth" driven by massive input of factors to "smart growth" driven by technological innovation. Efforts will be made to enhance the supply capacity of original leading technologies, accelerate breakthroughs in key core and cutting-edge technologies, promote deep integration of industry, academia, and research, and maintain the security of the industrial and supply chains. Accelerate the transformation and industrialization of scientific and technological achievements, and form a virtuous cycle of "innovation industry innovation". Continuously promote the upgrading and upgrading of key industries, maintain industrial value beyond internal competition, highlight mutual benefit and win-win, cultivate industrial ecology, and promote the continuous transition of the industrial system towards high added value and high-tech content. We will promote the construction of a new type of production relationship through efficient reform, focus on improving the efficiency of resource allocation, management and operation, incentives and constraints, supervision and services, and complete the deepening and upgrading of state-owned enterprise reform with high quality, creating a favorable environment for the development of new quality productive forces. (New Society)