China's central SOEs pursue green, low-carbon industrial development

​China's centrally administrated state-owned enterprises (SOEs) have vigorously pursued green and low-carbon industrial development in recent years, with their comprehensive energy consumption per 10,000 yuan of GDP falling by about 33% from 2012 to 2021.

February 23, 2023

China's central SOEs invest 1 trillion yuan in R&D in 2022

​China's centrally administered state-owned enterprises (SOEs) have made significant contributions to building China into an innovation powerhouse. Their R&D spending topped 1 trillion yuan (US$ 145.2 billion) for the first time in 2022.

February 23, 2023

SASAC charts higher growth target for SOEs

Centrally administered State-owned enterprises will strive to achieve a profit growth target higher than the national GDP this year and realize better results, said the country's top State assets regulator.

February 24, 2023

China's SOEs improve competitiveness to stabilize economy

China's state-owned enterprises (SOEs), the country's economic backbone, have made significant progress in the past decade, with historic breakthroughs achieved in key areas to boost economic development.

February 24, 2023