一、慎重选择债转股企业 　　改革开放以来，国家对投资体制进行了改革，即实行“拨改贷”，但由于计划经济体制下，企业新建和技术改造资金大部分依靠银行贷款，造成国有企业负债率上升。资产负债率过高是影响国有企业走出困境的主要因素之一。因此，为减轻企业债务负担，国 First, the prudent choice of debt-to-equity swap Since the reform and opening up, the state reform of the investment system, that is, the implementation of “change credit”, but due to the planned economy, most of the new business and technological innovation funds rely on bank loans, resulting in state-owned enterprises Liabilities increased. The excessively high asset-liability ratio is one of the major factors that affect the state-owned enterprises to get out of their predicament. Therefore, in order to reduce the corporate debt burden, the country