BEIJING has asked regional governments to resuscitate state enterprises by providing them with financial and moral support. Several provinces and cities have recently held conferences to drum up the importance of maintaining the ''predominant role'' of state-sector units, at least 45 per cent of which are losing money. And in spite of Beijing's apparent commitment to a tight-money policy for the rest of the year, various regions have committed funds to bail out government-owned factories. Economic analysts said the emphasis on ''reinvigorating'' state enterprises was at variance with the stress which the leadership had earlier this year put on restructuring and foreclosing on large numbers of the chronic loss-makers. They said the forthcoming Fourth Plenum of the Central Committee would also eschew radical surgery such as declaring large numbers of factories bankrupt, as a way to breathe new life into the state sector. In a dispatch yesterday, Xinhua (the New China News Agency) said the Shanghai Government had decided to take 10 steps to ''invigorate loss-making state-owned enterprises''. Foremost among the measures was the provision of government loans. Xinhua quoted the director of the municipal economic committee, Xu Zhiyi, as saying that the other methods included turning such enterprises into smaller accounting units and merging them. Municipal authorities disclosed that in June and July, the Shanghai branch of the Industrial and Commercial Bank of China had made available loans of 100 million yuan (HK$89.8 million), and that 90 million yuan more would be forthcoming in the next two months. ''As a result, the number of money-losing state-owned companies fell to 292 at the end of June, 40 fewer than in January,'' Xinhua reported. The Hubei Daily reported on Monday that the provincial Government of Hubei had held a conference on reinvigorating state enterprises. Participants pointed out that state-owned factories remained the ''major pillar'' of the province, and that cadres and managers should ''spend more effort in rendering them alive''. Meanwhile, Beijing has issued another warning against efforts to reform the state sector through privatisation, including the sale of state assets to private or foreign companies. Yesterday Xinhua quoted a senior official as warning against the further loss of state assets. ''State-run enterprises can adopt varied and more efficient management mechanisms in their reforms, but their assets must be well preserved or expanded.'' In meetings over the past week, local authorities have underscored the imperative of social stability.