2025年央企稳中有进、企稳向好 “向新攀高”确保“十五五”开好局、起好步

Core Insights - In 2025, central enterprises in China achieved positive progress and significant results, maintaining stable operations and laying a solid foundation for high-quality development [1] - The focus on innovation has become a major highlight in the development of central enterprises this year, with substantial efforts in independent innovation and the establishment of national-level R&D platforms [4][6] Economic Performance - From January to November, central enterprises achieved a value-added output of 9.5 trillion yuan, a year-on-year increase of 1.4%, with labor productivity rising to 811,000 yuan per person, up 3% [1][7] - The total assets of central enterprises have crossed significant thresholds, reaching over 90 trillion yuan, indicating enhanced scale, value creation capability, and brand influence [8] Innovation and R&D - Central enterprises invested 890.16 billion yuan in R&D from January to November, with an R&D intensity of 2.62% [7] - Over the past five years, R&D funding has exceeded 5 trillion yuan, with an annual growth rate of over 20% in investments in emerging industries and a nearly 50% increase in the number of technology talents [12] Strategic Focus for 2026 - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes the need for central enterprises to stabilize operations and improve efficiency in 2026, focusing on new consumption scenarios in culture, tourism, digital, and health sectors [12][14] - There will be a dual focus on transforming traditional industries and developing emerging industries, with continued efforts in key areas such as new energy, aerospace, and quantum technology [14][16] Collaborative Innovation - The establishment of innovation alliances and the construction of national key laboratories are prioritized to enhance original innovation and tackle key core technology challenges [16][18] - The aim is to accelerate the application of major scientific and technological achievements and improve the quality of innovation alliances [18]