Who do you think is the strongest state owned enterprise in China?

Updated on Financial 2024-02-29
8 answers
  1. Anonymous users2024-02-06

    When it comes to central enterprises, most of the words PetroChina, Sinopec, central bank and so on will appear in people's minds. First of all, it needs to be clear that central enterprises are included in state-owned enterprises, that is to say, all central enterprises are state-owned enterprises, but state-owned enterprises are not necessarily all central enterprises.

    So let's say that I think the strongest state-owned enterprise in China is Sinopec. First of all, on August 10 this year, among the world's top 500 companies published in the magazine "Fortune", Sinopec ranked second in the world after Wal-Mart, and last year, Sinopec also ranked second in the world. Secondly, Sinopec has the second largest production line in China, and its development operations are concentrated in the Middle East, Central and Western regions, and Central and South regions.

    For central enterprises such as Sinopec, state-owned enterprises have such large financial support for the following two reasons.

    The first is the monopolistic business modelState-owned enterprises such as Sinopec, which adopt a monopoly economic model, monopolize a region or industry, and constantly enjoy the high profits brought by monopoly operations. Sinopec relies on the monopoly of the petrochemical industry, and has developed various industries such as sales companies, refining and chemical enterprises, oilfield enterprises, scientific research institutions and so on.

    The second is policy supportIt will also take special care of its own brothers such as state-owned enterprises and central enterprises, and often introduce some relevant support policies, and all kinds of excellent social resources will also be the first to think of them, such as the central mother's lending will give priority to state-owned enterprises and central enterprises.

    The third is talent absorptionState-owned enterprises and central enterprises are places where countless applicants step through the threshold and squeeze their heads every year, and state-owned enterprises and central enterprises have very high requirements for talents' academic qualifications and abilities in all aspects. In this way, the mutual demand for two-way travel has led to a virtuous circle, more people are willing to serve this iron rice bowl, and the national flag is more willing to recruit 985,211 high-quality talents, which not only increases the Greek and utilization of talents, but also the good development of the enterprise itself.

  2. Anonymous users2024-02-05

    Personally, I think the strongest state-owned enterprise in China is China Railway Corporation. Because it has the largest number of people, it is the largest central enterprise with more than 2 million employees.

  3. Anonymous users2024-02-04

    I think the strongest state-owned enterprise in China is Sinopec, which ranks second only to Walmart in the world's top 500.

  4. Anonymous users2024-02-03

    Central bank. The central bank's fiscal power is the lifeblood of the entire country, and it is well deserved to say that it is the strongest state-owned enterprise in China.

  5. Anonymous users2024-02-02

    The ranking of the most bullish central enterprises in China is as follows:

    1. ** For financial enterprises, the Ministry of Finance generally performs the duties of investors. According to the list of ** financial enterprises published on the official website of the Ministry of Finance, as of May 2022, there are 27 financial central enterprises.

    2. There are 5 other industrial central enterprises, and the Ministry of Finance shall perform the duties of investors. They are the State Railway Group, China Post Group, China National Tobacco Corporation, China South-to-North Water Diversion Group, and Beidahuang Agricultural Reclamation Group.

    3. There are 4 cultural enterprises, which are performed by the Ministry of Finance as investors. They are China Publishing Group, Bauhinia Culture Group, China International Culture Group, and China Radio and Television Network Jiqian Qing Comedy Group.

    The benefits of business formality

    Corporate compliance is a management method that is an effective means to ensure that an enterprise can achieve its compliance goals and achieve a sound and positive operation. The construction of corporate compliance is not only conducive to ensuring the stable operation of enterprises, but also effectively preventing the risk of violations. It can avoid being damaged by people with ulterior motives, and it is a powerful means for enterprises to protect their legitimate interests.

    With the completion of the compliance construction of large state-owned enterprises and foreign-funded enterprises, many enterprises that have completed the compliance construction are strengthening the compliance management requirements for business partners. Compliance has become a basic condition for cooperating with these large enterprises, if they do not meet the requirements of these large enterprises. It will suffer huge losses in the process of cooperation, and compliance is more conducive to enterprises to stand out from the competition.

  6. Anonymous users2024-02-01

    The central enterprises include China Nuclear Industry Corporation, China Aerospace Science and Technology Corporation, China Aerospace Science and Industry Corporation, Aviation Industry Corporation of China, and China Shipbuilding Corporation.

    1. China Nuclear Industry Group ****.

    China National Nuclear Corporation (CNNC) is an important state-owned backbone enterprise funded by the Chinese state, established with the approval of the Chinese state and directly managed.

    2. China Aerospace Science and Technology Corporation.

    China Aerospace Science and Technology Corporation (CASC) is a state-owned super-large high-tech enterprise with independent intellectual property rights and famous brands in China's strategic high-tech field, outstanding innovation ability and strong core competitiveness. Founded on July 1, 1999.

    3. China Aerospace Science and Industry Corporation.

    China Aerospace Science and Industry Group Co., Ltd. was established on July 1, 1999, is the largest state-owned high-tech enterprise directly managed, formerly known as the Fifth Research Institute of the Ministry of National Defense established in October 1956, first stupid and then experienced the seventh Ministry of Machinery Industry, the Ministry of Aerospace Industry, the Ministry of Aerospace Industry, and the historical evolution of China Aerospace Industry Corporation.

    4. Aviation Industry Corporation of China **** rock grip accompaniment.

    Aviation Industry Corporation of China (AVIC) is a state-owned super-large enterprise managed by the first state, and is an investment institution authorized by the Chinese state, which was established on November 6, 2008 by the reorganization and integration of the former Aviation Industry Corporation of China First Group Corporation and the Second Group Company.

    5. China Shipbuilding Group.

    China Shipbuilding Group, referred to as China Shipbuilding Group, is a joint reorganization of China Shipbuilding Industry Group (CSSC) and China Shipbuilding Industry Group (CSIC), and the SASAC performs the duties of the investor on behalf of the State-owned Assets Supervision and Administration Commission.

    Introduction of central enterprises

    **Enterprise, the abbreviation of "** management enterprise", refers to the ** people ** or entrusted with the state-owned assets supervision and administration agency to exercise the responsibilities of the investor, the leadership team by the ** directly managed or entrusted ** organization department, * * SASAC or other ** ministries and commissions to manage the state-owned or state-controlled enterprises.

  7. Anonymous users2024-01-31

    There are 97 state-owned enterprises in China. The latest list of central enterprises in 2020 has been announced. According to the official website of the State-owned Assets Supervision and Administration Commission, as of June 2020, there were 97 central enterprises in China.

    This year, a company, Nokia Bell, was removed from the list of central enterprises, and a new state-owned enterprise was added, the China Inspection Group.

    Classification of central enterprises

    In a broad sense, the central enterprises mentioned above belong to the central enterprises in the narrow sense, and from a broad point of view, the central enterprises also have financial central enterprises, cultural central enterprises and administrative central enterprises.

    At present, there are 23 financial central enterprises in China, which are not managed by the State-owned Assets Supervision and Administration Commission, but are managed by the Ministry of Finance and Huijin Company, and also belong to the first enterprise.

    It mainly involves 23 enterprises in the fields of banking, insurance, asset management and other fields, including the four major state-owned banks, the four major asset management companies, the three major insurance companies, the Agricultural Development Bank of China, the Export-Import Bank of China, the China Development Bank, the Bank of Communications, CITIC Group, China Everbright Group and China Investment Corporation.

  8. Anonymous users2024-01-30

    The four giants of central enterprises are China CITIC Group, China Poly Group, China Merchants Group, and Huafu Wurun (Group).

    1. China CITIC Group****.

    CITIC Group (formerly known as China International Trust and Investment Corporation, referred to as CITIC Group, CITIC Group in English) is a leading financial enterprise, whose main business is concentrated in the financial, industrial and other service industries.

    2. China Poly Group****.

    The predecessor of China Poly Group is Poly Technology, which was established in February 1983 and is a large-scale enterprise managed by the State-owned Assets Supervision and Administration Commission.

    3. China Merchants Group****.

    Founded on December 26, 1872 and officially opened in Shanghai on January 17, 1873, it is the first steamship transportation enterprise in China's modern history, and is the pioneer of China's national industry and commerce, and is known as "the epitome of the century-old history of China's national enterprises".

    4. China Resources (Group) ****.

    China Resources (Group) **** (referred to as China Resources or China Resources Group), founded in 1938, was formerly an underground transportation station established by the Communist Party of China in Hong Kong for the War of Resistance Against Japanese Aggression. In 1948, it was reorganized and renamed China Resources Company, and in 1952, the subordination was changed from the General Office of the Communist Party of China to the Ministry of Commerce (now the Ministry of Commerce). In 1983, China Resources (Group) was reorganized and established.

    In December 1999, it was decoupled from the Ministry of Foreign Trade and Economic Cooperation and listed as ** management. In 2003, it belonged to the first enterprise under the leadership of the State-owned Assets Supervision and Administration Commission.

    The difference between a central enterprise and a state-owned enterprise

    1. The departments under direct jurisdiction are different:

    Usually, state-owned enterprises are governed by local ** and are directly subject to the local state-owned asset management commission. The central enterprises are directly managed by the state-owned assets supervision and administration commission, the Ministry of Finance, and the Huijin Company, etc., and some of the heads of the central enterprises are hired by the Organization Department of the Central Committee.

    2. The concept is different:

    All central enterprises can be counted as state-owned enterprises, but not all state-owned enterprises are central enterprises, and central enterprises refer to some state-owned enterprises directly managed by ***.

    3. The scale of the enterprise is different

    Most of the central enterprises are super-large group companies, which are enterprises owned by the whole people in the true sense and are the pillars of the national economy. State-owned enterprises are generally local ** holding enterprises, with a small profit scale, a relatively small number of employees, and only have a certain influence in the local area.

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