90年代以来，武汉市为深化改革，调整结构，从整体上搞活国有经济和国民经济，围绕国企改革这个中心环节，大力实施资本营运，进行了三个阶段的探索，取得了一定成效。一、实施国有资本营运的基本情况武汉市的国有资本营运在全国来说起步较早，经历了不自觉到比较自觉的过程， Since the 1990s, in order to deepen reform and readjust the structure, Wuhan has revitalized the state-owned economy and the national economy as a whole and focused on the central part of the reform of state-owned enterprises. It has vigorously implemented capital operations and has conducted three stages of exploration and achieved certain results. First, the basic situation of the implementation of state-owned capital operations Wuhan’s state-owned capital operations started earlier in the country, experienced unconscious to more conscious process,