The Impact of the Reform of Factor Market-oriented Allocation on Grid Companies and Related Suggestions

Abstract

On April 9, 2020, the CPC Central Committee and the State Council issued “Opinions on Building a More Complete System and Mechanism for Market-oriented Allocation of Factors” (hereinafter referred to as the Opinions), which made an important deployment to promote the five production factors to achieve a higher level of market-oriented allocation. As the key link of power allocation, Grid Companies are directly related to the economic and social development of the whole country. This paper analyzes the main contents of the opinions in detail, studies the impact of the opinions on power network planning and construction, labor employment, capital operation, technological innovation, the development of emerging industries of Grid Companies, and puts forward targeted suggestions to provide theoretical support for the development of Grid Companies.