On December 19, the Legislative Affairs Committee of the Standing Committee of the National People's Congress held a press conference. Spokesman Huang Haihua introduced the legislative work and answered questions from reporters. The 56th meeting of chairpersons of the 14th National People's Congress Standing Committee decided that the 19th session of the 14th National People's Congress Standing Committee will be held in Beijing from December 22 to 27. Among them, the draft State-owned Assets Law is to be submitted for preliminary review. “The draft State-owned Assets Law was submitted for review by the Chairman of the Standing Committee of the National People's Congress. It is a basic and comprehensive law based on the Constitution, based on the Civil Code, and based on various special laws on state-owned assets.” Huang Haihua explained that the draft upholds and strengthens the Party's overall leadership over the management and supervision of state-owned assets, adheres to problem orientation, standardizes and strengthens the management and supervision of state-owned assets, protects and effectively uses state-owned assets according to law, and promotes and supports the high-quality development of the state-owned economy and state-owned assets. The main contents of this draft include: First, make it clear that state-owned assets include state-owned natural resources assets, administrative state-owned assets, enterprise state-owned assets, and other state-owned assets. The second is to establish a management system combining unified ownership by the country with hierarchical classification to perform the duties of owners. The third is to stipulate state-owned assets management systems, including systems for layout planning, allocation, use and maintenance, revenue, disposal, risk management, assessment and evaluation of various types of state-owned assets, as well as basic management systems such as property rights registration, finance, accounting, and statistical evaluation. Fourth, stipulate a reporting system for state-owned assets. Fifth, stipulate a system for supervising state-owned assets, etc.

On December 19, the Legislative Affairs Committee of the Standing Committee of the National People's Congress held a press conference. Spokesman Huang Haihua introduced the legislative work and answered questions from reporters. The 56th meeting of chairpersons of the 14th National People's Congress Standing Committee decided that the 19th session of the 14th National People's Congress Standing Committee will be held in Beijing from December 22 to 27. Among them, the draft State-owned Assets Law is to be submitted for preliminary review. “The draft State-owned Assets Law was submitted for review by the Chairman of the Standing Committee of the National People's Congress. It is a basic and comprehensive law based on the Constitution, based on the Civil Code, and based on various special laws on state-owned assets.” Huang Haihua explained that the draft upholds and strengthens the Party's overall leadership over the management and supervision of state-owned assets, adheres to problem orientation, standardizes and strengthens the management and supervision of state-owned assets, protects and effectively uses state-owned assets according to law, and promotes and supports the high-quality development of the state-owned economy and state-owned assets. The main contents of this draft include: First, make it clear that state-owned assets include state-owned natural resources assets, administrative state-owned assets, enterprise state-owned assets, and other state-owned assets. The second is to establish a management system combining unified ownership by the country with hierarchical classification to perform the duties of owners. The third is to stipulate state-owned assets management systems, including systems for layout planning, allocation, use and maintenance, revenue, disposal, risk management, assessment and evaluation of various types of state-owned assets, as well as basic management systems such as property rights registration, finance, accounting, and statistical evaluation. Fourth, stipulate a reporting system for state-owned assets. Fifth, stipulate a system for supervising state-owned assets, etc.