A new incentive mechanism must be built in order that SOEs managers can obtain the lucre which is proportional with their human capital property-right, and the predicament of managers incentive in SOEs can be solved fundamentally.

• 我们必须建立一种新的激励机制，使国有企业经理能够获得与其人力资本产权相称的收益，从根本上解决国有企业经理激励问题。