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Tencent Holdings Ltd. (Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen.It is one of the highest grossing multimedia companies in the world based on revenue.
A state-owned enterprise of China (Chinese: 国有企业) is a legal entity that undertakes commercial activities on behalf of an owner government. As of 2017 [update] , China has more SOEs than any other country, and the most SOEs among large national companies.
State-owned enterprise 22 69 Shandong Energy: Jinan: 120,012.3 173.7 ... Tencent: Shenzhen 86.86 34.94 252.99 414.28 Video game industry: 9: 30: Postal Savings Bank ...
Tencent hinted at signing more merchants up to WeChat Pay in the U.S. despite the ongoing trade war between the U.S. and China.
It counts tech behemoth Tencent among its backers and raised $2.7 billion last year. ... Enflame sells its chips to state-owned enterprises and has cooperated with several local governments on ...
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A 2020 analysis by the World Bank points to the reallocation of resources "from inefficient state-owned enterprises (SOEs) to dynamic private firms" as crucial to increasing productivity growth ...
State capitalism is an economic system in which the state undertakes business and commercial (i.e., for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor).