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The pace of SOE mergers has increased under Xi. [37] The goals of China's current SOE mergers include an effort to create larger and more competitive national champions with a bigger global market share by reducing price competition among SOEs abroad and increasing vertical integration. [37]
China Silk Corporation 中国中丝集团公司 74 China Forestry Group 中国林业集团公司 75 China National Pharmaceutical Group: 中国医药集团总公司 76 China Poly Group Corporation: 中国保利集团公司 77 China Construction Technology Consulting Corporation 中国建筑设计研究院 78 China Metallurgical Geology Bureau
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
After 1949, all business entities in the People's Republic of China were created and owned by the government. 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.
Pages in category "Government-owned companies of China" The following 200 pages are in this category, out of approximately 443 total. This list may not reflect recent changes .
During this period, rural enterprises, often with names "commune and brigade enterprises" and of neglectable size, served as a supplement to those state-owned enterprises (SOE), which mainly focused on heavy industrial sectors, and were established by the people's communes and bridges to support agricultural production and to produce rural ...
The Industrial and Commercial Bank of China was both China and the world's largest company by assets in 2021, with over US$5.5 trillion in total assets. [ 2 ] This article lists the largest companies in China in terms of their revenue , net profit and total assets , according to the American business magazines Fortune and Forbes .
China Export & Credit Insurance Corporation (simplified Chinese: 中国出口信用保险公司; traditional Chinese: 中國出口信用保險公司; pinyin: Zhōngguó Chūkǒu Xìnyòng Bǎoxiǎn Gōngsī), commonly known as Sinosure (中国信保; 中國信保; Zhōngguó Xìnbǎo), is a major Chinese state owned enterprise (SOE) under the administration of Ministry of Finance of the People ...