This is a list of state-owned enterprises of China. A state-owned enterprise is a legal entity that undertakes

commercial Commercial may refer to: * a dose of advertising conveyed through media (such as - for example - radio or television) ** Radio advertisement ** Television advertisement * (adjective for:) commerce, a system of voluntary exchange of products and s ...

activities on behalf of an owner

government A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government ...

. Their legal status varies from being a part of government to stock companies with a state as a regular or dominant

stockholder A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal ow ...

. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms are often used interchangeably. The defining characteristics are that they have a distinct legal shape and they are established to operate in commercial affairs. While they may also have public policy objectives, SOEs should be differentiated from other forms of government agencies or state entities that are established to pursue purely non-financial objectives. The role of the

Chinese Communist Party The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Ci ...

(CCP) in SOEs has varied at different periods but has increased during the

rule Rule or ruling may refer to: Education * Royal University of Law and Economics (RULE), a university in Cambodia Human activity * The exercise of political or personal control by someone with authority or power * Business rule, a rule pert ...

of CCP General Secretary

Xi Jinping Xi Jinping ( ; ; ; born 15 June 1953) is a Chinese politician who has served as the general secretary of the Chinese Communist Party (CCP) and chairman of the Central Military Commission (CMC), and thus as the paramount leader of China, ...

, with the Party formally taking a commanding role in all SOEs as of 2020. For example, Lai Xiaomin, the former president of

China Huarong Asset Management China Huarong Asset Management Co., Ltd. known as just China Huarong () is a majority state-owned financial asset management company in China, with a focus on distressed debt management. It was one of the four asset management companies that the ...

, which is a famous state-owned enterprise, announced in 2015 that during the operation of China Huarong Asset Management, the

Committee A committee or commission is a body of one or more persons subordinate to a deliberative assembly. A committee is not itself considered to be a form of assembly. Usually, the assembly sends matters into a committee as a way to explore them more ...

of China Communist Party will play a central role, and party members will play an exemplary role. State-owned enterprises accounted for over 60% of China's market capitalization in 2019 and generated 40% of China's GDP of US$15.97trillion (101.36 trillion yuan) in 2020, with domestic and foreign private businesses and investment accounting for the remaining 60%. As of the end of 2019, China's SOEs represented 4.5% of the global economy and the total assets of all China's SOEs, including those operating in the financial sector, reached US$78.08trillion. Ninety-one (91) of these SOEs belong to the 2020 Fortune Global 500 companies.

State Council (Central Government)

China Investment Corporation China Investment Corporation (CIC) ( Chinese: 中国投资有限责任公司; pinyin: ''zhōngguó tóuzī yǒuxiàn zérèn gōngsī'') is a sovereign wealth fund that manages part of the People's Republic of China's foreign exchange reserves. ...

Central Huijin Investment Central Huijin Investment Co., Ltd. is a Chinese investment company owned by the government of the People's Republic of China. Established in 2003, it became a wholly owned subsidiary of China Investment Corporation, with its own Board of Director ...

China Jianyin Investment China Jianyin Investment Co., Ltd. (JIC) is a Chinese investment company owned by the government of the People's Republic of China. Founded in 2004, it is a wholly owned subsidiary of Central Huijin Investment and is an integrated investment group ...

** China Everbright Group

SASAC of the State Council

SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companies down from over 150 in 2008.

Ministry of Finance

Ministry of Education

Peking University Peking University (PKU; ) is a public research university in Beijing, China. The university is funded by the Ministry of Education. Peking University was established as the Imperial University of Peking in 1898 when it received its royal charte ...

** Founder Group (70%) *** Peking University Resources Group (30% by Founder Group, 40% by Peking University directly) **** Peking University Resources (Holdings) (65.96% collectively by Founder Group and PKU Resources Group) ***

Founder Technology Founder Technology Group Corporation (), a subsidiary of Founder Group from Peking University, is an information technology state-owned enterprise in Shanghai, China. It is engaged in the development of personal computers and computer periphe ...

*** Founder Holdings ** Jade Bird Software (48%) *** Beida Jade Bird Universal Sci-Tech (24.05% collectively) ** Sinobioway Group (40% as minority shareholder)

Regional Governments

Anhui Province

* Anhui Conch Cement * Masteel Group (49%)

Beijing Municipality

* Beijing Guoxiang Asset Management **

UBS Securities UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the largest Swis ...

(33%) *

Beijing State-owned Capital Operation and Management Center } Beijing ( ; ; ), Chinese postal romanization, alternatively romanized as Peking ( ), is the Capital city, capital of the China, People's Republic of China. It is the center of power and development of the country. Beijing is the world's Li ...

Shougang Shougang Group Co., Ltd., formerly Shougang Corporation is a Chinese state-owned steel company. Based in Beijing, its the Shijingshan district operations were moved out of the city prior to the Olympics due to concerns over pollution. Its subs ...

***

Shougang Company Beijing Shougang Co., Ltd. is a listed Chinese steel manufacturer. It also a subsidiary of Shougang Group. The shares of Beijing Shougang float in the Shenzhen Stock Exchange. Beijing Shougang was a constituent of SZSE 1000 Index (as well as s ...

***

Shougang Concord International Shoucheng Holdings Limited () is the subsidiary of Beijing-based state-owned Shougang Group engaging in seven businesses: steel manufacturing, steel trading, shipping segment, electric generation, property investment and management and other c ...

CSC Financial CSC Financial Co., Ltd. trading as China Securities, is a Chinese investment bank and brokerage firm established by CITIC Securities and China Jianyin Investment in 2005 in a 60–40 ratio, as a successor of bankrupted China Securities Co., Ltd. ...

(37.46%)

Chongqing Municipality

* Chongqing Iron and Steel Company

Gansu Province

* Gansu SASAC **

Baiyin Nonferrous Baiyin Nonferrous Group Co., Ltd. known also as BNMCAcronym of Baiyin Nonferrous Metal Corporation is a Chinese company based in Baiyin, Gansu Province, China. The company was the main copper supplier in China. Since 15 February 2017, Baiyin Nonf ...

(36.16%)

Guangdong Province

* Guangdong Rising Asset Management ** Zhongjin Lingnan (36.04%) ** Rising Nonferrous Metals Share *

Guangdong Hengjian Investment Holding Guangdong Hengjian Investment Holding Co., Ltd. known as Hengjian Holding is one of the holding companies of Guangdong Provincial People's Government. The company acts as one of the investment vehicles of the provincial government in railways of ...

(100%) ** Shaoguan Iron and Steel Group (49%) * Guangdong Provincial Communication Group * Guangdong Provincial Railway Construction Investment Group * Guangdong Holdings **

Guangdong Investment Guangdong Investment Limited is a Chinese company incorporated in Hong Kong. It is engaged in the businesses of property, infrastructure, energy, water supply to Hong Kong, Shenzhen and Dongguan, hotel management and department store operations.

(54.68%) *

TCL Corporation TCL Technology (originally an abbreviation for Telephone Communication Limited) is a Chinese electronics company headquartered in Huizhou, Guangdong Province. It designs, develops, manufactures, and sells consumer products including televisio ...

(36%) ** Tonly Electronics Holdings Limited (48.70%)

Zhuhai City

* Gree Group (100%) **

Gree Electric Gree Electric Appliances Inc. of Zhuhai is a Chinese major appliance manufacturer headquartered in Zhuhai, Guangdong province. It is the world's largest residential air-conditioner manufacturer.Businessweek.com." ''Guangdong Visions: Forging C ...

(sold in 2019) *

Gree Real Estate GREE (derived from an abbreviation of the " Six degrees of separation" concept) is a Japanese social networking service founded by Yoshikazu Tanaka and operated by GREE, Inc. GREE focuses primarily on mobile games and over ninety percent of it ...

Guangxi Zhuang Autonomous Region

* Guangxi Non-ferrous Metals

Guizhou Province

* Kweichow Moutai Group ** Kweichow Moutai

Hebei Province

Hesteel Group Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang. The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (). Hesteel Gr ...

** Hesteel Company ** Hansteel **

Tangsteel Tangshan Iron and Steel Group Company Limited, or Tangsteel, founded in 1943 and headquartered in Tangshan, Hebei, is one of the largest steel manufacturing state-owned enterprise in China. Its subsidiary and listed company, Tangshan Iron and S ...

Heilongjiang Province

Beiman Special Steel Dongbei Special Steel Group Beiman Special Steel Co., Ltd. is a state-owned steel maker based in Qiqihar, Heilongjiang Province. ''Bei-man'' was the acronym of North Manchuria. The company is a subsidiary of Dongbei Special Steel (literally ''Eas ...

(41.37%)

Hubei Province

Wuhan City

* Wuhan Financial Holdings Group (100%) ** Founder BEA Trust (67.51%)

Liaoning Province

Dongbei Special Steel Dongbei Special Steel Group Co., Ltd. is a state-owned enterprise based in Dalian, Liaoning Province (the south most city of Northeastern China or ''Dongbei''). It was owned by State-owned Assets Supervision and Administration Commission (SASAC) ...

Shanghai Municipality

* Shanghai Data Exchange * Shanghai Jiushi Group *

Shanghai Municipal Investment Group Shanghai Municipal Investment (Group) Corporation also known as Shanghai Chengtou () or SMI is a Chinese sovereign wealth fund of the Shanghai Municipal People's Government. It is one of the major shareholders of Greenland Holdings (for 20.55% ...

Shanghai International Port Group Shanghai International Port (Group) Co., Ltd. (SIPG) is the exclusive operator of all the public terminals in the Port of Shanghai. It is a component of SSE 180 Index as well as CSI 300 Index and sub-index CSI 100 Index. Its headquarters are ...

Shandong Province

* Shandong Gaosu Group * Shandong Energy Group

Linfen City

* Linfen Investment Group (100%)

Yantai City

* Yantai Guofeng (100%) ** Wanhua Industrial Group (39.497%) ** Wanhua Chemical Group (21.56%)

Shanxi Province

Datong Coal Mining Group The Datong Coal Mining Group () is a third-largest state-owned coal mining enterprise in China, after Shenhua Group and China Coal Group. It is located at Datong City, the second largest city in Shanxi Province which has the greatest coal depo ...

Datong Coal Industry Datong Coal Industry Co,. Ltd., established in 2001 and parented by Datong Coal Mining Group. It is engaged in excavating, processing and sales of coal. Its headquarters is in Datong City, the second largest city in Shanxi Province which has th ...

Jincheng Anthracite Mining Group Jinneng Holding Equipment Manufacturing Group Company Limited, formerly name Shanxi Jincheng Anthracite Mining Group Co., Ltd. (JAMG) is a Chinese state-owned coal mining conglomerate based in Jincheng, Shanxi. It was owned by the State-owned Ass ...

* Shanxi Coking Coal Group ** Shanxi Coking Company **

Xishan Coal Electricity Group Xishan Coal Electricity (Group) Co., Ltd. is a subsidiary of state-owned coal and coke conglomerate Shanxi Coking Coal Group (for 52.34% stake). The subsidiary is based in Taiyuan, Shanxi. The company was the parent company of listed company Xi ...

** Xishan Coal and Electricity Power *

Taiyuan Coal Gasification Group Taiyuan Coal Gasification (Group) Co., Ltd. is a Chinese state-owned coal mining conglomerate based in Taiyuan, Shanxi. The company was owned by State-owned Assets Supervision and Administration Commission (SASAC) of . However, Shanxi SASAC g ...

(51%)

Tianjin Municipality

TEDA Holding Teda or TEDA may refer to: * Teda people, Toubou ethnic group that lives mostly in Chad * Teda language, or Tedaga language, spoken by Teda people *Tianjin Economic-Technological Development Area, abbreviated as TEDA, free market zone in Tianjin, C ...

** Tianjin Pipe ** Tianjin TEDA F.C. ** Tianjin TEDA Co.

Xinjiang Uyghur Autonomous Region

* Xinjiang Investment Development Group (100%) ** Xinjiang Ba Yi Iron and Steel Group (15%)

Zhejiang Province

Ningbo City

* Bank of Ningbo (21.38%)

Hong Kong S.A.R.

Hong Kong Link Hong Kong Link 2004 Limited () is a company wholly owned by the Government of Hong Kong created to securitise revenue from five government-owned toll tunnels and the Lantau Link. The HK$6 billion securitisation was launched in April 2004.

(100%) *

MTR Corporation MTR Corporation Limited is a majority government-owned public transport operator and property developer in Hong Kong which operates the Mass Transit Railway, the most popular public transport network in Hong Kong. It is listed on the Hon ...

(around 75% shares) *

Kowloon–Canton Railway Corporation The Kowloon-Canton Railway Corporation (KCRC; ) is a Hong Kong wholly government-owned railway and land asset manager. It was established in 1982 under the Kowloon-Canton Railway Corporation Ordinance for the purposes of operating the Kowloon� ...

(100%)

References

{{State-owned enterprises by country, Asia Lists of companies of China China China