On January 22, the Qinghai Provincial Department of Finance announced that, to fully implement the "Qinghai Provincial Administrative and Institutional State-Owned Assets Management Measures," it has formulated and issued the "Qinghai Provincial Administrative and Institutional State-Owned Assets Disposal Management Measures" (hereafter referred to as the "Disposal Management Measures") based on provincial realities. The "Disposal Management Measures" further standardize the disposal of administrative and institutional state-owned assets, improve the whole-life-cycle asset management mechanism, and establish a solid institutional foundation for modernizing the province's fiscal governance system and capabilities. Focusing on full-process control of asset disposal, the measures establish a disposal management system characterized by "clearly defined rights and responsibilities, standardized procedures, transparency, and robust oversight." The measures clearly define the scope and principles for disposal, providing explicit criteria for disposing of six types of assets, including those over-allocated, operating inefficiently, idle for long periods, or technologically obsolete. They detail the entire chain of operational standards for asset disposal—from application, approval, and valuation to transaction, revenue management, and archival retention—reasonably delineating disposal authority among financial departments, competent authorities, and subordinate units at various levels, and establishing a tiered approval mechanism. It is stipulated that state-owned assets can be disposed of through market-oriented methods such as public bidding or auctions utilizing public resource trading platforms, to maximize the preservation and appreciation of state-owned asset value. The measures require that all proceeds from asset disposal be fully turned over to the state treasury and incorporated into budget management, strictly enforcing the "two separate lines for revenue and expenditure" to prevent the retention, diversion, or misappropriation of disposal proceeds at the source. The "Disposal Management Measures" emphasize coordination and integration with existing management systems. On one hand, they strengthen the deep integration of asset management and budget management by establishing a mechanism linking asset disposal with budgets for new asset acquisitions, reducing the new asset allocation budgets for units with severe idle resources and waste, thereby optimizing resource allocation from the source and implementing the government's requirement to tighten its belt. On the other hand, they connect with the management mechanism of the redeployment and sharing platform, specifying that inefficient or idle assets should be prioritized for redeployment and utilization through the platform, with disposal only occurring according to regulations if redeployment is not achieved, thus forming a coordinated resource utilization pattern of "redeployment first, orderly disposal." Simultaneously, the "Disposal Management Measures" also reinforce requirements for information technology support, promoting the online review and dynamic monitoring of asset disposal matters to enhance the refinement and intelligence of management. The Provincial Department of Finance will guide all units to comprehensively review their existing assets, form a list of assets to be revitalized, and effectively advance the results of state-owned asset disposal and revitalization through various methods such as redeployment, sharing, and market-oriented disposal. This initiative aims to improve the quality and efficiency of administrative and institutional state-owned asset management, providing a more solid fiscal guarantee for the high-quality economic and social development of the province.