Since the implementation of the three year action of state-owned enterprise reform，specific reforms have been taken including establishment of boards of directors，external directors accounting for the majority，the tenure system and contractual management of managerial members，coordinated application of various medium and long term incentive policies and improved talent management system and mechanism conducive to scientific and technological innovation，and effective three-system reforms in subordinate enterprises at all levels. Reform results promote key progress in improving the corporate governance structure，promoting the mixed ownership reform，and improving the modern enterprise system with Chinese characteristics. It effectively stimulated the development vitality and endogenous driving forces of state-owned enterprises. At present，the main task of the three-year reform of state-owned enterprises is more than 90% complete，and the whole has entered a decisive stage，which requires all-out efforts to overcome difficulties and ensure that the task will be completed on time.