Core Insights - The total assets of central enterprises have increased from less than 70 trillion yuan to over 90 trillion yuan during the "14th Five-Year Plan" period, with total profits rising from 1.9 trillion yuan to 2.6 trillion yuan, reflecting annual growth rates of 7.3% and 8.3% respectively [1] - Economic Value Added (EVA) has grown from over 380 billion yuan in 2010 to approximately 1.2 trillion yuan, indicating a focus on real value creation by considering capital costs [1] - Central enterprises are actively embracing new fields and accelerating the formation of new growth points, with investments in strategic emerging industries expected to exceed 40% of total investments in 2024 [2] Investment and Performance - From 2021 to 2024, central enterprises are projected to complete a total fixed asset investment of 19 trillion yuan, with an average annual growth rate of 6.3% [3] - The market-oriented issuance of special bonds for stable growth and investment is set to reach a total scale of 500 billion yuan, effectively promoting investment in key projects [3] - The market performance of centrally controlled listed companies has improved, with their market capitalization exceeding 22 trillion yuan, a nearly 50% increase since the end of the "13th Five-Year Plan" [3]

Group 1 - The core viewpoint is that central enterprises in China have shown steady improvement in operational quality and efficiency during the "14th Five-Year Plan" period, with significant growth in assets and profits [1][4] - The total assets of central enterprises increased from less than 70 trillion yuan to over 90 trillion yuan, while total profits rose from 1.9 trillion yuan to 2.6 trillion yuan, with average annual growth rates of 7.3% and 8.3% respectively [1] - Key performance indicators such as operating income profit margin improved from 6.2% to 6.7%, and labor productivity increased from 594,000 yuan to 817,000 yuan per employee per year [1] Group 2 - The construction of a modern industrial system has made new progress, with strategic emerging industries experiencing unprecedented development, and investments in these sectors growing at an annual rate exceeding 20% [2] - Central enterprises have implemented various initiatives, including the "AI+" special action, which has established over 800 application scenarios, and the creation of 1,854 smart factories, leading to reductions in energy consumption and carbon emissions per unit of output by 12.8% and 13.9% respectively [2] Group 3 - The structure of modern state-owned enterprises is continuously optimizing, with strategic restructuring involving 10 enterprises and the establishment of 9 new central enterprises, enhancing the efficiency of state capital allocation [3] - The governance of state-owned enterprises has improved, with the integration of party leadership into corporate governance becoming more institutionalized, and measures to stimulate innovation and enhance regulatory effectiveness have been implemented [3] Group 4 - Central enterprises have contributed significantly to national development, with over 10 trillion yuan in taxes paid and 1.2 trillion yuan in state-owned equity transferred to social security funds during the "14th Five-Year Plan" [3] - The enterprises actively support major national strategies and infrastructure projects, including the construction of the Sichuan-Tibet Railway and the Shenzhen-Zhongshan Link, as well as engaging in over 6,000 overseas investment cooperation projects related to the Belt and Road Initiative [3]

9月17日，国新办举行"高质量完成'十四五'规划"系列主题新闻发布会，国务院国资委主任张玉卓、国 务院国资委副主任袁野、国务院国资委副主任李镇介绍砥砺奋进"十四五"，中央企业高质量发展情况。 另外，2024年中央企业在战略性新兴产业领域的营业收入突破11万亿元，近两年营收贡献度提升8个百 分点，新一代信息技术、高端装备等5个领域的收入均超过万亿元，中央企业新能源累计发电并网装机 容量约占全国的一半，工业软件市场规模占全国比例超20%，这些情况也表明新动能新优势在加快塑 造。 袁野表示，发展战略性新兴产业需要久久为功。国务院国资委将以高质量编制和实施"十五五"规划为契 机，立足国家所需、产业所趋、央企所能，持续加大战略性新兴产业布局力度，不断提升工作质效，加 快打造一批引领未来竞争的新兴支柱产业，进一步培育壮大新质生产力。 对于备受瞩目的中央企业战略性专业化重组工作，据李镇介绍，"十四五"期间，国资央企大力推进布局 优化结构调整，聚焦战略安全、产业引领、国计民生、公共服务等，以市场化方式重组了6组10家企 业，新组建、设立了9家中央企业。下一步，国务院国资委将着眼增强核心功能、提升核心竞争力，以 系统性思维、前 ...

Group 1 - The core viewpoint emphasizes the acceleration of a new round of technological revolution and industrial transformation, urging central enterprises to seize development opportunities and actively embrace new fields and tracks to form new growth points [1] - In 2023, the State-owned Assets Supervision and Administration Commission (SASAC) initiated actions for the revitalization of central enterprises and future industries, increasing assessment guidance and policy support [1] - By 2024, investments by central enterprises in strategic emerging industries are expected to exceed 40% of total investments, with operating revenue approaching 30% [1] Group 2 - As of September 16, 2025, the National Enterprise Win-Win ETF (159719) has seen a net value increase of 51.39% over the past three years, ranking 247 out of 1867 index stock funds, placing it in the top 13.23% [2] - The ETF has recorded a maximum single-month return of 14.61% since its inception, with the longest consecutive monthly gains lasting 7 months and a maximum cumulative increase of 24.70% [2] - The ETF's management fee is 0.25% and the custody fee is 0.05%, making it the lowest among comparable funds [2] Group 3 - The FTSE China National Enterprises Open Win Index, which the ETF closely tracks, aims to reflect the performance of Chinese state-owned enterprises listed in mainland China and Hong Kong, focusing on globalization and sustainable development [2] - The index consists of 100 constituent stocks, including 80 A-share companies and 20 Chinese companies listed in Hong Kong [2] Group 4 - The top weighted stocks in the National Enterprise Win-Win ETF include China Petroleum (15.94%), China Petrochemical (11.93%), and China State Construction (9.59%) [4] - Other notable stocks include China Mobile (6.87%), China Railway (4.53%), and China Telecom (3.32%) [4]

中新网9月17日电 国新办17日举行"高质量完成'十四五'规划"系列主题新闻发布会，介绍砥砺奋进"十四 五"，中央企业高质量发展情况。 国务院国资委副主任袁野在会上介绍，发展战略性新兴产业是中央企业实现布局结构优化的"必选项"， 也是实现高质量发展的"必答题"。"十四五"期间，特别是党的二十大以后，国资央企把发展战略新兴产 业作为一项牵引性的、全局性的工作，深入实施中央企业产业焕新、未来产业启航、"AI+"等专项行 动，持续加强新领域新赛道布局，可以说力度空前，也取得了很好的效果。主要体现在"三个新"上。 首先是产业格局为之一新。中央企业聚焦9个战略性新兴产业和6个未来产业，结合企业资源禀赋，进行 系统化布局，逐步积厚成势。"十四五"以来，中央企业在战略性新兴产业领域的累计投资达到8.6万亿 元，比"十三五"时期有了大幅提升，在集成电路、生物技术、新能源汽车等领域的发展速度明显加快， 在人形机器人、超导量子计算等前沿领域也实现了突破，在工业母机、新材料等领域的托底保障能力不 断增强，总体上呈现出"梯次拓展、合力并进"这样一种产业发展新格局。 第二是增长动能为之一新。战略性新兴产业的持续投入，有效拓展了企业发展 ...

Core Viewpoint - The article highlights the significant achievements of central enterprises in China during the "14th Five-Year Plan" period, emphasizing their high-quality development, innovation capabilities, and strategic investments in emerging industries [1][3]. Financial Performance - Since the beginning of the "14th Five-Year Plan," the total assets of central enterprises have increased from less than 70 trillion yuan to over 90 trillion yuan, with 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]. - Central enterprises have contributed over 10 trillion yuan in taxes and fees during this period, and transferred 1.2 trillion yuan of state-owned equity to social security funds [3]. Innovation and Technology - Central enterprises have made substantial progress in innovation, with R&D expenditures exceeding 1 trillion yuan for three consecutive years, and the input intensity rising from 2.6% to 2.8%. They have participated in all major national scientific and technological projects, establishing 97 original technology sources and forming 23 innovation alliances [3]. - A number of critical core technologies, particularly in integrated circuits, industrial mother machines, and industrial software, have been successfully developed [7]. Strategic Investments - During the "14th Five-Year Plan," central enterprises have invested a total of 8.6 trillion yuan in nine strategic emerging industries, significantly increasing their investment compared to the "13th Five-Year Plan" [15]. - The revenue from strategic emerging industries is expected to exceed 11 trillion yuan by 2024, with contributions to revenue increasing by 8 percentage points over the past two years [17]. Digital Transformation and Sustainability - The "AI+" initiative has led to the application of over 800 scenarios, and the digital transformation efforts have resulted in the establishment of 1,854 smart factories. Energy consumption per unit of output and carbon emissions per unit of output have decreased by 12.8% and 13.9% respectively [4]. - Central enterprises are focusing on high-end, intelligent, and green development, which has become a distinctive feature of their operations [4].

Group 1 - The core viewpoint emphasizes the strategic restructuring and integration of state-owned enterprises to enhance their core functions and competitiveness, thereby supporting economic and social development [1][2][3] - During the "14th Five-Year Plan" period, nine new central enterprises were established, and six groups of ten enterprises underwent strategic restructuring, improving the efficiency of state-owned capital allocation [2][4] - The restructuring focuses on three main areas: supporting national strategies, enhancing industrial collaboration, and optimizing public services, which collectively aim to improve resource allocation and service quality [2][3][4] Group 2 - The market value of central enterprises' listed companies has exceeded 22 trillion yuan, reflecting a nearly 50% increase since the end of the "13th Five-Year Plan" [4] - Central enterprises have implemented cash dividends totaling 2.5 trillion yuan since the beginning of the "14th Five-Year Plan," contributing to the stability of the capital market [4] - Investment in strategic emerging industries has significantly increased, with a cumulative investment of 8.6 trillion yuan since the "14th Five-Year Plan," marking a substantial rise compared to the "13th Five-Year Plan" [5] Group 3 - The "AI+" initiative is being actively pursued, with over 800 application scenarios developed across 16 key industries, aiming to leverage AI for industrial upgrades [6][7] - The establishment of industry data communities has led to the creation of over 1,000 industry data sets, facilitating AI empowerment across various sectors [6] - The capability for intelligent computing supply has more than doubled since the implementation of the "AI+" initiative, with significant investments made in building AI infrastructure [6][7]

国务院新闻办公室今日上午举行"高质量完成'十四五'规划"系列主题新闻发布会，国务院国有资产监督 管理委员会主任张玉卓介绍砥砺奋进"十四五"，中央企业高质量发展情况并答记者问。 01 数览中央企业高质量发展情况 国务院国资委主任张玉卓在发布会上介绍： 中央企业有效投资进一步扩大 带动效应显著 国务院国资委相关负责人在发布会上透露，"十四五"期间，中央企业有效投资进一步扩大。企业自身的 高质量发展，为经济社会平稳健康运行提供了更好支撑。数据显示： 03 2021—2024年，中央企业累计完成固定资产投资总额19万亿元，年均增速达到6.3%； 去年四季度以来，以市场化方式发行稳增长扩投资专项债，拟发行总规模达到5000亿元，有力促 进了"两重""两新"项目投资，带动效应比较明显。 央企聚焦战略性新兴产业 "十四五"以来 科技创新硕果累累！ 一批"卡脖子"关键核心技术 集中攻克 相关负责人介绍，中央企业科技创新的沃土结出了累累硕果，集成电路、工业母机、工业软件等领域一 批"卡脖子"关键核心技术集中攻克，嫦娥六号、梦想号、"奋斗者"号、深地一号等一批"大国重器"捷报 频传。 C919大型客机、国产大型邮轮持续擦亮"中国 ...

Core Insights - Central enterprises are focusing on nine strategic emerging industries and six future industries, with significant growth in total assets and profits since the start of the 14th Five-Year Plan [1][3] - The cumulative investment in strategic emerging industries reached 8.6 trillion yuan, with a notable acceleration in sectors like integrated circuits, biotechnology, and new energy vehicles [3][4] - The restructuring and integration of state-owned enterprises have been actively pursued, enhancing the efficiency of capital allocation and operational effectiveness [5][6][7] Group 1: Economic Performance - Since the beginning of the 14th Five-Year Plan, total assets of central enterprises have increased from less than 70 trillion yuan to over 90 trillion yuan, while total profits rose from 1.9 trillion yuan to 2.6 trillion yuan, with average annual growth rates of 7.3% and 8.3% respectively [1] - Central enterprises have contributed over 10 trillion yuan in taxes and transferred 1.2 trillion yuan of state-owned equity to social security funds [1] Group 2: Strategic Investments - The annual growth rate of investments in strategic emerging industries has exceeded 20%, with over 800 application scenarios developed under the "AI+" initiative and the establishment of 1,854 smart factories [1][3] - By 2024, the revenue from strategic emerging industries is expected to surpass 11 trillion yuan, with contributions from new generation information technology and high-end equipment sectors exceeding 1 trillion yuan each [3][4] Group 3: Restructuring and Integration - The restructuring efforts have led to the establishment of six groups of ten enterprises and the formation of nine new central enterprises, focusing on strategic security and public service [5][6] - The integration aims to enhance industry collaboration, reduce redundant investments, and improve resource allocation efficiency, exemplified by the merger of Ansteel Group and Benxi Steel Group [6][7] - Future plans include enhancing core functions and competitiveness through systematic and innovative restructuring efforts [7]

中央企业资产总额已超过90万亿元 "十四五"以来，中央企业资产总额从不到70万亿元增长到超过90万亿元，利润总额从1.9万亿元增长到 2.6万亿元，年均增速分别达到7.3%和8.3%。更为重要的是，质量效率也有显著提升，营业收入利润率 从6.2%提升到6.7%，全员劳动生产率每人每年从59.4万元增长到81.7万元，国有资本回报率、净资产收 益率等指标都持续改善。 "十四五"以来，央企控股上市公司累计实现现金分红2.5万亿元。 9月17日，国务院新闻办公室举行"高质量完成'十四五'规划"系列主题新闻发布会，国务院国资委介绍 砥砺奋进"十四五"，中央企业高质量发展情况并答记者问，以下是发布会要点汇总： 有信心到今年年底完成改革主体任务 继上一次国企改革三年行动以后，又实施国有企业改革深化提升行动，这是党中央作出的又一个全局 性、战略性的重大部署。中央企业紧紧围绕增强核心功能、提升核心竞争力来推进改革，目前总体进度 符合预期，我们很有信心到今年年底前高质量完成主体任务。 将大力推动国资央企战略性专业化重组整合 下一步，将着眼增强核心功能、提升核心竞争力，以系统性思维、前瞻性谋划、创新性举措，大力推动 战略性专业化 ...