Core Insights - The 18th meeting of the 14th National People's Congress Standing Committee reviewed the State Council's special report on the management of state-owned assets for 2024, addressing the preservation and appreciation of state capital and the progress of state-owned enterprise reforms [1] Group 1: State-Owned Capital Preservation and Appreciation - The total assets of state-owned enterprises increased from 268.5 trillion yuan at the end of the 13th Five-Year Plan to 401.7 trillion yuan by the end of 2024, with owners' equity rising from 97 trillion yuan to 141 trillion yuan and state capital equity from 76 trillion yuan to 109.4 trillion yuan [2] - The total operating revenue of state-owned enterprises has consistently remained above 8 trillion yuan in the last three years, with stable total profits [2] - Overall, the preservation and appreciation of state capital during the 14th Five-Year Plan period is considered good, with improved asset quality and a stronger financial foundation for state-owned enterprises [2] Group 2: Progress in State-Owned Enterprise Reform - The deepening reform of state-owned enterprises is expected to conclude in 2025, with the State-owned Assets Supervision and Administration Commission (SASAC) reporting that the progress of key tasks is in line with expectations [3] - The main achievements include enhancing the strategic functions of state-owned capital, promoting the reasonable flow and optimization of state capital, and improving the overall effectiveness of state asset supervision [3] Group 3: Optimization of State-Owned Economic Layout and Structural Adjustment - The optimization of the state-owned economic layout and structural adjustment is essential for advancing the reform of state-owned assets and enterprises [4] - The focus is on adjusting the existing structure and optimizing new investments, with a strategy to concentrate state capital in key industries related to national security and public services [4] - Significant progress has been made in optimizing the industrial layout and restructuring state-owned enterprises since the 18th National Congress [4] Group 4: Technological Innovation in State-Owned Enterprises - The government has implemented various policies to support technological innovation in state-owned enterprises, leading to significant advancements in their innovation capabilities and core competitiveness [6] - State-owned enterprises have made breakthroughs in key technologies and have become a vital part of the national innovation system, supporting high-quality development and security [6] - The focus for the 15th Five-Year Plan period will be on enhancing the role of state-owned enterprises in stabilizing and strengthening industrial supply chains [6]
人大常委会丨国资“家底”更厚 改革扎实推进——来自全国人大常委会专题询问现场的声音
Xin Hua Wang·2025-10-28 00:26