山东工商学院学报

国有资本布局及调整机制是高水平社会主义市场经济体制的重要组成部分，深刻影响国有企业高质量发展和战略使命的履行。基于出资人层级可把国有资本区分为中央企业和地方国有企业，两者在功能定位、市场化水平和经营质效等方面具有明显差异，地方国资在布局重点和具体举措上呈现出显著地域特色。以往学者研究国有资本布局优化大多基于总体层面分析，缺乏对两者的异质性研究。因此，文章的创新点聚焦于地方国资布局及调整机制优化，并以A市为例详细梳理其国资布局和调整机制的历史脉络，深入剖析A市国资布局现状，并揭示A市国资总量占比偏低、产业结构不优，调整机制市场化程度不高等相关问题。据此，提出A市国资布局及调整机制优化相关建议。

The mechanism for the layout and adjustment of state-owned capital is an important component of a high-level socialist market economy system, profoundly influencing the high-quality development and strategic mission fulfillment of state-owned enterprises. Based on the nature of the investor, state-owned capital can be divided into central enterprises and local state-owned enterprises, which show significant differences in functional positioning, marketization level, and operational efficiency. Local state-owned assets exhibit regional characteristics in terms of layout priorities and specific measures. Previous scholars' research on the optimization of state-owned capital layout mostly focused on overall analysis, lacking an in-depth examination of the heterogeneity between the two. Therefore, the innovation of this paper lies in the optimization of the layout and adjustment mechanism of local state-owned assets, taking City A as an example. It meticulously reviews the historical evolution of the layout and adjustment mechanism of state-owned assets in City A, deeply analyzes the current situation of the layout of state-owned assets in City A, and reveals problems such as the relatively low proportion of total state-owned assets, an unoptimal industrial structure, and a low degree of marketization in the adjustment mechanism. Based on this, this paper puts forward relevant suggestions for the optimization of the layout and adjustment mechanism of state-owned assets in City A.