Problems and Countermeasures of Financial Management in Chinese State-Owned Enterprises

Tao Wang, Jiao Wang

Abstract: With the rapid development of Chinese socialist economy, state-owned enterprises as the lifeblood of the national economy, should be based on the rapidly changing competitive environment, complete market economy and promote social development mission. To some extent, is particularly important for the healthy development of state-owned enterprises in the economic development of our country. According to the recent development of state owned enterprises weakness of the situation, pointed out that the internal control of imbalance in the financial management of state-owned enterprises, improper management of funds, risk management is not in place, financial supervision and inefficient personnel quality is low, and gives five suggestions: establish a sound internal control system, financial management system, the risk management system, financial management and control system, and improve the professional quality of enterprise financial personnel

Keywords: state-owned enterprises, financial management, system