Research method: Following the principle of "One Enterprise Two Systems", namely "Management level is of nationalization and operation level is of privatisation", some primary ideas are expressed in this paper to project subcontract and management of operation level, including summing up concrete solutions and their merits, from capital operation point of view and in combination with changes of national policy environment and real situation of the group corporation.
Research result and conclusion: It can make absolute control of operation level and avoiding legal risk by adopting solution of capital operation. In this way, it is beneficial to breaking up local protectionism, developing local market, meeting new requirement and making enterprise larger and stronger for its business.
2005, Vol. 22 
