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  As is vivid。ly depicted in the pictur。e。 , with a clear cracking sound , two bowls clashed into each other , in which the shinnin。g on。e keeps its integrity , whereas the shabby one breaks into pieces. Just like being symb。olically rev。ealed in the set of drawing, the fact。 that the intact bowl, as a symbol of soly-invested companies , overwhelms t。he broken bowl representi。ng the state-owned companies, with col。lision standing for。 fierce companies, profoun。dly indicates that it is time that our state-owned companies entaile。d reform especially afte。r china’s entry into WTO when facing soly-invested companies abroad.

  To the popular mind , it is immediately assumed that when reform in state-owned companies is argued,it is car industry that is mean。t.。 To account for the a。bove-mentioned phenomenon , several points s。ho。uld be fi。gur。ed out. For one thing, some o。f car industries once enjoyed the glorious past , They have ,however, gra。du。ally lost their market shares when soly ?invested compan。ies were sweeping into domestic market. For another , in order to turn t。he corn。er ,the leaders of them should adopt the policy of reform such as acquisition,。 re-engineering and int。roduction of advanced technology and concepts of management. No better illustration of this i。dea can be thought than th。e example me。ntioned below, No 1 Motor Vehicle Plant has witnessed from predicament to rejuvenation through no。ne othe。r than effective steps ment。ioned above. T。herefore ,。no。 issue is as critical to indi。vidual and national surviva。l and prosperity a。s reform in state-owned companie。s.


  Accordingly, i。t is vital for us t。o derive some positive meanings from thi。s thought-provoking picture. I。t is ,hence, necessary that efforts be made to follow the spirit of reform concerning state-owned companies. On one hand, the government should make la。w to perfect ir。rational rules and regulations being visib。le in reform proces。s. On the other hand, the leaders of state-owned companies should enhance th。e awareness of


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