State-Owned Enterprises

State-Owned Enterprises

State-owned enterprises (SOEs) are a material and political foundation of socialism with Chinese characteristics. They are the backbone of the Party's endeavors to govern and rejuvenate China. 

Owned by the whole people, the SOEs play an important role in China's drive for modernization and in guaranteeing the people's common interests.

Since China launched reform and opening up in the late 1970s, the SOEs have made consistent progress in reform and growth. They have adapted well to the market economy, with notable improvements in operations and profits. This has made significant contributions to China's economic and social development, to the people's wellbeing, to the opening of international markets, and to the increase of China's composite national strength.

In line with the Guidance on the Definition and Classification of SOE Functions, jointly issued by the SASAC, the Ministry of Finance, and the National Development and Reform Commission, the SOEs can be divided into two types based on the scope of their main operations and core business: commercial SOEs and public-interest SOEs.

国有企业

国有企业是中国特色社会主义的重要物质基础和政治基础，是党执政兴国的重要支柱和依靠力量。国有企业属于全民所有，是推进国家现代化、保障人民共同利益的重要力量。改革开放以来，国有企业改革发展不断取得重大进展，总体上已经同市场经济相融合，运行质量和效益明显提升，为推动经济社会发展、保障和改善民生、开拓国际市场、增强国家综合实力作出了重大贡献。

按照国资委、财政部、国家发改委印发的《关于国有企业功能界定与分类的指导意见》，以主营业务和核心业务范围为依据，国有企业可界定为商业类和公益类。