在建立现代企业制度的过程中，企业的外部交易型发展战略越来越受到重视，资本运营已成为企业改制与扩张的一个非常重要的环节。由于理论上资本运营应是完全的市场行为，再加上原有经济体制下长期政企不分带来的诸多不良后果，使得政府在市场中的地位开始让人怀疑，要求政府退? In the process of establishing a modern enterprise system, the external transaction-oriented development strategy of an enterprise has drawn more and more attention. Capital operation has become a very important link in the restructuring and expansion of enterprises. Since in theory the capital operation should be a complete market operation, coupled with many adverse consequences caused by long-term government and enterprise under the existing economic system, the government’s position in the market begins to cast doubt on it and requires the government to withdraw it.