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Party Organizations Play Key Role in State-Owned Enterprises

Politburo member and head of the Organization Department of the Communist Party of the China Central Committee, Li Yuanchao, spoke recently on the key role that the Party organizations play in State-owned enterprises. “To maximize the core position of the Party organizations in state-owned enterprises, we need to institutionalize its role. The set up, functions and tasks of the Party organizations must be part of the management system of these enterprises, so that the central role of the political party is organized, institutionalized and specific. Party organizations should be involved in the decision-making on major issues together with the Board, and thus perfect the mechanism for effective participation in decision-making by the Party organizations.”

Source: The Communist Party of China, August 19, 2009