State-owned enterprises of China
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politics and government of
This is a list of state-owned enterprises of China. A state-owned enterprise is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular or dominant stockholder. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms are often used interchangeably. The defining characteristics are that they have a distinct legal shape and they are established to operate in commercial affairs. While they may also have public policy objectives, SOEs should be differentiated from other forms of government agencies or state entities that are established to pursue purely non-financial objectives. The role of the Communist Party of China in SOEs has varied at different periods but has increased during the rule of Party general secretary Xi Jinping, with the Party formally taking a commanding role in all SOEs as of 2020.
State Council (Central Government)
SASAC of the State Council
SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companies down from over 150 in 2008.
Ministry of Finance
Ministry of Education
- Peking University
- Founder Group (70%)
- Jade Bird Software (48%)
- Beida Jade Bird Universal Sci-Tech (24.05% collectively)
- Sinobioway Group (40% as minority shareholder)
- Beijing Guoxiang Asset Management
- UBS Securities (33%)
- Beijing State-owned Capital Operation and Management Center
- Gansu SASAC
- Baiyin Nonferrous (36.16%)
- Guangdong Rising Asset Management
- Guangdong Hengjian Investment Holding (100%)
- Guangdong Provincial Communication Group
- Guangdong Provincial Railway Construction Investment Group
- Guangdong Holdings
- Guangdong Investment (54.68%)
- TCL Corporation (36%)
- Tonly Electronics Holdings Limited (48.70%)
Guangxi Zhuang Autonomous Region
- Kweichow Moutai Group
- Beiman Special Steel (41.37%)
- Shanghai Data Exchange
- Shanghai Jiushi Group
- Shanghai Municipal Investment Group
- Shanghai International Port Group
- Linfen Investment Group (100%)
As of 2019[update]
- Yantai Guofeng (100%)
- Wanhua Industrial Group (39.497%)
- Wanhua Chemical Group (21.56%)
- Datong Coal Mining Group
- Jincheng Anthracite Mining Group
- Shanxi Coking Coal Group
- Taiyuan Coal Gasification Group (51%)
Xinjiang Uyghur Autonomous Region
- Xinjiang Investment Development Group (100%)
- Bank of Ningbo (21.38%)
Hong Kong S.A.R.
|Library resources about |
State-owned enterprises of China
- Profiles of Existing Government Corporations, pp. 1–16
- Wang, Orange; Xin, Zhou (January 8, 2020). "China cements Communist Party's role at top of its SOEs, should 'execute the will of the party'". South China Morning Post. Retrieved January 8, 2020.
- "央企名录" [List of Central SOEs]. Official website of SASAC (in Chinese). 20 December 2016. Retrieved 10 February 2017.
- "China gives state firms $8 bln to combat slowdown". Reuters. November 28, 2008.
- "Zhōngguó bǎowǔ "wúcháng" shōugòu mǎgāng gāngtiěyè jiānbìng chóngzǔ tísù" 中国宝武“无偿”收购马钢 钢铁业兼并重组提速. 第一财经 (Yicai) (in Chinese). Shanghai. 3 June 2019. Retrieved 18 June 2019.
- "关于方正东亚信托有限责任公司调整股权结构的批复" (in Chinese). CBRC. 4 November 2016. Retrieved 9 January 2017.