Analysis on the Asset Structure Optimization of State-owned Oil Enterprises

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Within the reforms currently being undergone by state-owned companies,asset structure optimization is a “top priority” area.The main idea of asset structure optimization is that the state-owned oil enterprises,as the main bodies of market competition,adjust and optimize their regional layouts,business structures,asset structures,and shareholding structures within the whole group based on market transaction rules and international and domestic trade practicesin order to improve the efficiency of enterprises,enhance the profitability of enterprises and obtain value realization.Furthermore,asset structure optimization is also the key measure that state-owned enterprises take for the implementation of relevant government documents,using it as the only approach for “mode transfer and structure adjustment”.
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