Core Insights - The central enterprises in China have significantly increased their asset scale and profitability during the "14th Five-Year Plan" period, with total assets growing from less than 70 trillion yuan to over 90 trillion yuan and total profits rising from 1.9 trillion yuan to 2.6 trillion yuan, achieving annual growth rates of 7.3% and 8.3% respectively [3] - The cumulative investment in strategic emerging industries by central enterprises reached 8.6 trillion yuan, marking a substantial increase compared to the "13th Five-Year Plan" period, with expectations for revenue in these sectors to exceed 11 trillion yuan in 2024 [3][4] - The quality of listed companies controlled by central enterprises has improved, with their market value exceeding 22 trillion yuan, a nearly 50% increase since the end of the "13th Five-Year Plan" [3] Investment and Financial Performance - Central enterprises' operating income profit margin increased from 6.2% to 6.7%, and labor productivity per employee rose from 594,000 yuan to 817,000 yuan [3] - The return on state-owned capital and net asset return rates have shown continuous improvement, indicating enhanced financial performance [3] Strategic Reforms and Innovations - The restructuring and professional integration of state-owned enterprises have been a focus, with six groups of ten enterprises restructured and nine new central enterprises established during the "14th Five-Year Plan" [4] - Central enterprises have achieved significant technological advancements, contributing to national strategic needs and filling industrial technology gaps, with 109 awards in national technology invention and progress categories in 2024 [5] Research and Development - R&D expenditure by central enterprises has grown at an average annual rate of 6.5%, consistently exceeding 1 trillion yuan annually for three consecutive years, with substantial involvement in national major technology projects [5] - Over 70% of the capital in the 2025 state-owned capital management budget will be allocated to enterprises engaged in technological innovation and emerging industry development [5] Regulatory and Oversight Improvements - The State-owned Assets Supervision and Administration Commission (SASAC) has implemented targeted assessment plans for various industries, with personalized indicators expected to account for over 76% of assessments by 2025 [6] - A comprehensive and intelligent regulatory system is being developed to ensure transparency and control over the operations of state-owned enterprises [6]
中央企业“十四五”科技成果“顶天”又“立地” 将大力推动战略性专业化重组整合
Shang Hai Zheng Quan Bao·2025-09-17 19:28