Is shareholding a public ownership system

Legal analysis: shareholding system is public ownership. The shareholding system as a form of capital organization of modern enterprises, is conducive to the separation of ownership and operation, is conducive to improving the efficiency of the operation of enterprises and capital. This is a major breakthrough in the understanding of the realization of the form of public ownership, for the realization of the form of public ownership of the economy opens up a new road, greatly liberate and develop social productive forces. It has changed the principle of distribution of capitalist society of getting something for nothing, enabling the national economy to develop in a planned and proportional manner, thus overcoming the anarchic state of capitalist production.

Legal basis: Article 6 of the Company Law of the People's Republic of China*** and the State Company Law, the shareholders of the company shall enjoy the rights of asset return, participation in major decision-making and selection of managers in accordance with the law.