Of course, many issues remain to be addressed in this regard and more in-depth research will have to be done. On today’s occasion, I would like to raise 12 issues for discussion and wish the discussion could have a constructive input to corporate governance development in China. 1. Twelve issues for discussion  (1) The role of government in promoting corporate governance.
The concept of corporate governance was introduced from abroad and there has been a process for us to understand and apply corporate governance in China. The Third Plenary Session of the Fourteenth National Congress of CPC in 1993 attempted to include the concept of corporate governance in its communiqué, calling for a clarified relationship among “shareholders, Board of Directors, management and employees”.