As a pillar of the socialist economy with Chinese characteristics，UDIC shoulders the important mission of building cities，operating cities and even upgrading local industries. It must also effectively strengthen its sense of corporate responsibility，continuously improve operational efficiency，and seek the road of transformation and upgrading. The article believes that accelerating the transformation and upgrading of urban investment companies can closely focus on the key and difficult problems of urban investment companies in the transformation and development process，with the help of three system reforms to continuously improve the market-oriented operating mechanism，stimulate the endogenous power and vitality of enterprises，and enhance enterprises Operational efficiency and core competitiveness support the implementation of the “14th Five-year Plan” of UDIC.