国资委：中央企业有效投资进一步扩大 带动效应显著

Core Viewpoint - The press conference highlighted the achievements of central enterprises in China during the "14th Five-Year Plan," emphasizing their solid progress in high-quality development and maintaining a stable and improving growth trajectory [1] Group 1: Stability - The foundation of stability has been continuously strengthened, with total assets of central enterprises increasing from 68.8 trillion yuan at the end of the "13th Five-Year Plan" to 91 trillion yuan by the end of 2024, and state-owned capital equity rising from 14.2 trillion yuan to 18.3 trillion yuan, with average annual growth rates of 7.3% and 6.5% respectively [2] - Operational efficiency has remained stable, with expected increases in value added and total profits during the "14th Five-Year Plan" of 40% and 50% compared to the "13th Five-Year Plan," alongside improvements in labor productivity, return on net assets, and debt-to-asset ratios [2] Group 2: Progress - Effective investment has been further expanded, with central enterprises completing a total fixed asset investment of 19 trillion yuan from 2021 to 2024, achieving an average annual growth rate of 6.3% [3] - The quality of listed companies has improved, with measures taken by the State-owned Assets Supervision and Administration Commission (SASAC) to enhance market performance, resulting in a nearly 50% increase in the market value of central enterprise-controlled listed companies to over 22 trillion yuan since the end of the "13th Five-Year Plan" [3] - Central enterprises have implemented cash dividends totaling 2.5 trillion yuan during the "14th Five-Year Plan," contributing to the stability of the capital market [3] Group 3: Quality - Central enterprises have played a crucial role in supporting the stable and healthy operation of the economy and society, supplying approximately 80% of crude oil, 70% of natural gas, and 60% of electricity [4] - They have significantly impacted the supply chain, with an average annual procurement volume exceeding 15 trillion yuan, directly benefiting around 2 million enterprises and indirectly affecting nearly 7 million [4] - Efforts to create a favorable environment for the development of upstream and downstream enterprises, including timely payments and rent reductions, have been emphasized [4]