Abstract: The “cross-providing” model of social products is the realistic refinement of China’s unique social products supply. It is not only the concentrated expression of the development of the primary stage of socialism, but also the essential requirement of the state system and political system of China. On the one hand, the “cross-providing” model can be an important starting point for grasping the existence of the state-owned capital budget system, so as to demonstrate the necessity of its continuous development from the perspective of income. On the other hand, the state-owned capital operating budget system can, in turn, provide a mechanism protection for the deepening development of the “cross-providing” model. The “cross providing” model of social products is the concentrated expression of the theory of socialism with Chinese characteristics in practice, which can provide theoretical support for the diversified supply of China’s social products and the modernization of state-owned enterprises.

Key words: state-owned capital operating budget; “cross-providing” model; social products; public goods