【正确答案】The Reform of Textile Enterprises
Currently, state-owned textile enterprises have assets worth over 100 million yuan, and yet they have suffered huge losses for successive years. An important reason is duplication in resource allocation. In the excessive competition among enterprises, the losers can hardly be eliminated, and it is difficult to optimize the allocation of their resources. In the process of reducing and regrouping spindles, equity transaction methods will be encouraged to purchase inferior enterprises. The resources they occupy will be transferred or injected into superior enterprises. The latter will rely on technological progress to readjust the product mix and strengthen enterprise management. This will optimize resource allocation and raise the quality of asset operations and the competitive abilities of the enterprises. Hopeless businesses should be allowed to go bankrupt.