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COMAC listed in "Chinese Enterprises with Outstanding Contributions during Past 40 Years since China's Reform and Opening Up"

Last Updated (Beijing Time):2019-01-08   Source:News Center of COMAC
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Recently, the 2018 Release Conference of Outstanding Achievements made by Chinese Enterprises in Reform and Development hosted by the China Enterprise Reform and Development Society (CERDS) was held in Beijing to recognize the entrepreneurs and enterprises that have made outstanding contributions to China's reform, opening up and economic development. Officers of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), Ministry of Industry and Information Technology (MIIT), National Development and Reform Commission (NDRC), Ministry of Commerce (MOFCOM), State Administration for Market Regulation (SAMR) and other state ministries, commissions and relevant social organizations, experts and scholars in the field of enterprise reform and development, creators of outstanding achievements and representatives of enterprises attended the conference. Commercial Aircraft Corporation of China, Ltd. (COMAC) was listed in the "Chinese Enterprises with Outstanding Contributions during Past 40 Years since China's Reform and Opening Up", and Study on Organizational Reform of Civil Aircraft Manufacturers - Taking Organizational Reform in Growth Period of SAMC as Example of Shanghai Aircraft Manufacturing Co., Ltd. (SAMC) won the title of "Outstanding Achievements made by Chinese Enterprises in Reform and Development".

At the beginning of its establishment, COMAC established a pluralism ownership structure, created a pluralism organization mode jointly invested by the central and local flagship enterprises in relevant industries, established a scientific decision-making mechanism for the board of directors mainly composed of external directors, and endowed the scientific decision-making mechanism with COMAC characteristics. After years of practice, COMAC has organically unified the Party building and the corporate governance structure, and established and improved the modern state-owned enterprise system with Chinese characteristics. In terms of organizational structure, the functional structure of the headquarters was adjusted, the program organization reform was promoted, and the transformation of the program organization structure from a functional weak matrix to a strong matrix was realized according to the program organization adjustment philosophy of transforming from being specialty-oriented to being product-oriented and from decentralized management by specialties to cooperation and integration of specialties. In recent years, the company has insisted on being problem-oriented, deepened reform to solve problems, inspire vitality, drive industry and promote development, and formed a situation with COMAC characteristics in which the "5+4" special reform and comprehensive reform have been carried out and promoted in parallel and remarkable achievements have been made.

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