ABSTRACT
This chapter begins with the problems of state-owned enterprise reforms, considering the several stages of reforms necessary. It discusses reform of finance, administration and social security, respectively, each of which was reformed in cooperation with state-owned enterprises, The chapter analyzes their situation and to find a possible way for development. A modern enterprise system makes the managing authority on the assets of state-owned enterprises clear and adjusts the relationships on asset authority. The chapter argues that the reform of state-owned enterprises, we have to consider them from viewpoint of a systemic approach. There are many things to be transformed in the urban reforms, and one of the most important problems in China has undoubtedly been the reform of state-owned enterprises, which would be responsible for urban industries. It thus suggests that the reform of state-owned enterprises has been crucial for promoting economic development and for alleviating regional disparity in the Chinese economy.
