China targets quality, performance improvement at central SOEs in 2026

China will accelerate efforts to improve the quality and performance of its centrally administered state-owned enterprises (SOEs) in 2026 as the 15th Five-Year Plan (2026-2030) period begins, a senior official with the State-owned Assets Supervision and Administration Commission (SASAC) said on Wednesday.

January 29, 2026

China's central SOEs sustain annual R&D input above 1 trillion yuan for 4 years

​China's centrally administered state-owned enterprises have been continuously strengthening scientific and technological innovation, with research and development spending remaining above 1 trillion yuan (US$143.99 billion) for four consecutive years, said Pang Xiaogang, vice chairman of the State-owned Assets Supervision and Administration Commission of the State Council, at a press conference Wednesday.

January 28, 2026

China's central SOEs generate 12 trillion yuan from strategic emerging industries in 2025

​In 2025, China's centrally administered state-owned enterprises (SOEs) generated over 12 trillion yuan (US$1.73 trillion) in revenue from strategic emerging industries, marking the third consecutive year of 1-trillion-yuan annual growth, the State-owned Assets Supervision and Administration Commission announced at a press conference on Wednesday.

January 28, 2026

Central SOEs key engines of 'AI Plus' industrial push

China will push its centrally administered State-owned enterprises to advance the "AI Plus" initiative, positioning the entities as major drivers of artificial intelligence-enabled applications across industries and key organizers of a more coherent industrial layout, a senior State assets regulator said on Wednesday.

January 29, 2026

China's central SOEs keep R&D spending above 1 trillion yuan for 4 straight years

​China's state-owned enterprises (SOEs) directly administered by the central government invested 1.1 trillion yuan (about 157.69 billion U.S. dollars) in research and development (R&D) in 2025, official data showed on Wednesday.

January 28, 2026