202 1 What are the differences between institutions and enterprises in Daqing?

202 1 What are the differences between institutions and enterprises in Daqing?

Institutions and enterprises are different, and the separate management of institutions and enterprises is a unique model in China.

An enterprise unit is a legal entity or non-legal entity that independently accounts for profits. Its characteristics are self-supporting, cost accounting, profit and loss matching, solving its own personnel support and social services through its own profits, and creating wealth value. The registration of enterprise units shall be carried out in the administrative department for industry and commerce. Enterprises sign labor contracts with employees. After a labor dispute occurs, the enterprise shall conduct labor arbitration.

Institutions are some public welfare units and non-public welfare functional departments whose main purpose is government functions and public welfare services. It participates in the management of social affairs, performs the functions of management and service, and aims at serving the society, mainly engaged in education, science and technology, culture, health and other activities. Its superior departments are mostly government administrative departments or government functional departments, and their actions are based on relevant laws, and their decisions are mostly mandatory, and their personnel's salary sources are mostly financial allocations. The registration of public institutions is carried out in the preparation department. Institutions sign employment contracts with employees. After a labor dispute occurs, the institution shall conduct personnel arbitration.