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State-owned enterprises accounted for over 60% of China's market capitalization in 2019 [4] and estimates suggest that they generated about 23-28% of China's GDP in 2017 and employ between 5% and 16% of the workforce. [5] Ninety-one (91) of these SOEs belong to the 2020 Fortune Global 500 companies. [6]
In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
Pages in category "Government-owned companies of China" The following 200 pages are in this category, out of approximately 440 total. This list may not reflect recent changes .
China's primary state oil & gas entity. CNPC was overtaken by Amazon and slipped from #4 to #5 in 2023. 6 Sinopec Group: $471,154.2 527,487 China's second-largest state-owned fossil fuel company. Sinopec specialises in refining crude oil into a variety of consumer products. 13 China State Construction Engineering: $305,884.5 382,492
Many of China's largest companies are state-owned enterprises, due to the significant presence of the Chinese government in the national economy. [ 3 ] 2022 Fortune Global 500 List
Retrieved from "https://en.wikipedia.org/w/index.php?title=List_of_State-owned_enterprises_in_China&oldid=925023935"
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. [ 1 ]
1975 A reversal of policies started, with large-scale divestment of state-owned enterprises and reimbursement of compensation to previous private owners. [11] 1977 This year, a total of 371 of the previously nationalized enterprises, still remained under state ownership. Approximately 400 companies had been de-nationalised and transferred to ...