Why should the property management company be changed into a property service company?

In 2007, the National People's Congress passed the Property Law, emphasizing that the function of property management is the owners' meeting and the real estate authorities at or above the county level supervise all the work of property management. Then the State Council's "Regulations on Property Management" was revised: the management of property companies must be authorized by the developer or the owners' committee, the executive body of the owners' congress, and the Ministry of Construction required the property management company to be changed into a property service company. What the state means is: cutting off the management function of the property company, enhancing the service consciousness of the property company and strengthening the autonomous management of the owners' meeting, which is the management right advocated by the Property Law. Property companies have no real right. They realize paid property services by signing property service contracts and early property service contracts with owners and developers, and implement property management within the scope authorized by owners and developers. After the promulgation and implementation of Property Law, local real estate authorities changed the model text of property contract from property management contract to property service contract.