With the development of economic globalization and of its socialist market economy，China's state-owned enterprises have become the main market players and the macro-control tools of the government，holding the universality of the main market players and the particularity of public ownership.However，the fundamental problem of corporate governance in China's state-owned enterprises is the antithesis of universality and particularity.Under the vision of continually improving，the innovative development of corporate governance in China's large state-owned groups is a precondition for becoming world-class enterprises with global competitiveness.Based on innovationsin corporate governance during the reform of China's state-owned enterprises and property rights，Professor Chuanchen Xu explores the inner governance mechanisms，outer governance environment，and the governance evaluation systemin order to promote innovative development and the unity of universality and particularity in China's large state-owned groupsduring the new era.