publicity department of the cpc central committee held a press conference on june 17 to introduce the reform and development of state-owned assets and soes in the new era. "this decade saw the maturity and finalization of the modern enterprise system with chinese characteristics, the most comprehensive development of soes, the most significant increase in their vitality and efficiency, and the most significant improvement in their layout and structure." "said weng jieming, deputy director of the state-owned assets supervision and administration commission of the state council.
state-owned enterprises are the backbone of a big country. through 10 groups of data, panoramic scanning of the achievements of state-owned enterprise reform and development in the past decade.
last year, 96 soes entered the world's top 500
"an important sign that soes have achieved gratifying results in their high-quality development is that they have taken substantial steps to build world-class enterprises." weng jieming said.
the number of state-owned enterprises in the world's top 500 increased from 65 in 2012 to 96 in 2021. state-owned enterprises have created a number of industry leaders with strong competitiveness in shipbuilding, steel, energy, construction, water transportation, equipment manufacturing and other fields.
state-owned enterprises have greatly enhanced the strength of our economy. by the end of 2021, the total assets of state-owned assets supervised enterprises reached 259.3 trillion yuan, up 2.6 times from the end of 2012, with an average annual growth of 15.4 percent. from 2012 to 2021, the added value of state-owned assets supervised enterprises nationwide reached 111.4 trillion yuan, with an average annual growth rate of 9 percent, 2.3 percentage points higher than the average annual growth rate of gdp.
the net profits of central government enterprises doubled
giving priority to quality and performance, central government enterprises have accelerated the transformation of their development models, and their overall strength and performance have reached new heights. by the end of 2021, the total assets of central enterprises were 75.6 trillion yuan, up 141.1 percent from the end of 2012, crossing four consecutive milestones of 40 trillion yuan, 50 trillion yuan, 60 trillion yuan and 70 trillion yuan.
from 2012 to 2021, the net profit of central enterprises increased from 0.9 trillion yuan to 1.8 trillion yuan, an average annual growth rate of 7.9 percent. the operating profit margin of central enterprises in 2021 will be 6.8%, up 1.8 percentage points from 2012. r&d investment intensity was 2.5%, 0.8 percentage points higher than 2012. total labor productivity was 694,000 yuan per person, an increase of 82 percent over 2012. the asset-liability ratio on the whole has been kept within the control line and has been declining in recent years.
twenty-six groups of 47 central soes were reorganized and integrated
focusing on the functions of strategic security, industrial leadership, national economy and people's livelihood, and public services, state-owned soes will vigorously promote strategic reorganization and professional integration. since the 18th cpc national congress, 26 groups of 47 central government enterprises have been reorganized and integrated in accordance with market-oriented principles, and the number of central government enterprises has been adjusted from 117 to 97.
we will deepen efforts to slim and keep fit, and speed up the disposal of non-core businesses and inefficient and ineffective assets that do not have advantages. by the end of 2021, central soes had 93% of their subsidiaries engaged in their main businesses, 97% of their investment in their main businesses, and more than 70% of their revenue in areas related to national security, the lifeline of the national economy, and people's livelihood.
more than 20 million retirees have basically received socialized management
the soe reform over the past decade, especially the in-depth implementation of the three-year soe reform campaign, has effectively solved a number of problems that had been on the agenda for a long time but remained unsolved. corporate restructuring was completed. the party's leadership and corporate governance have been organically integrated. state-owned enterprises have completed the incorporation of party building into the constitution, and the vast majority of enterprises have made lists of major operational and management issues for pre-deliberation by party committees (leading party groups). the board of directors should be fully established, with a majority of outside directors.
we stopped stripping enterprises of their social functions and solving problems left over from history. more than 20,000 public service institutions supervised by state-owned assets nationwide and 15 million employee families have been separated from the supply of public services, supply of public services and businesses, and over 20 million retirees have basically received socialized management. this has effectively solved the long-standing problem of integrating government and business with social enterprises.
nearly 70 central enterprises have laid out new infrastructure projects
state-owned enterprises have promoted the upgrading of traditional industries and the distribution of emerging industries to expand the space for high-quality development. over the past five years, the investment of central enterprises in strategic emerging areas such as new energy, new materials and 5g applications has grown at an average annual rate of more than 20 percent.
nearly 70 central government enterprises with more than 700 subsidiaries are expanding their investment in new infrastructure, with an investment of more than 400 billion yuan in 2021. during the 14th five-year plan period, more than 1,300 investment projects are planned, with a total investment of more than 10 trillion yuan.
more than 700 state-level r&d platforms have been built
we will promote the self-reliance and self-improvement of advanced science and technology, and state-owned enterprises will play the role of the national team. over the past decade, central enterprises have built more than 700 state-level r&d platforms and seven innovation consortions, with a total r&d investment of 6.2 trillion yuan, growing at an average annual rate of over 10%. by the end of 2021, it had 1.07 million research and development personnel, an increase of 53 percent over the end of 2012, and 241 academicians of the chinese academy of sciences and chinese academy of sciences, accounting for about 1/7 of the total number of academicians in china.
in recent years, the central enterprises to manned spaceflight, lunar exploration project, deep sea exploration, beidou navigation, 5 g applications, such as domestic carriers of a batch of have the important achievement of the world's advanced level, build the hong kong-zhuhai-macao bridge, crane, a deep oil and gas fields of letan hydropower station, such as a batch of major projects, the iconic greatly encouraging the ambition of the confident of the chinese nation, character and style.
over 2.5 trillion yuan of private capital was introduced into the system through restructuring and restructuring
the reform of mixed ownership vigorously promoted the transformation of operating mechanisms. since 2013, the restructuring and reorganization of state-owned enterprises to introduce all kinds of social capital over 2.5 trillion yuan, at present the central and local state-owned enterprise number mixed ownership enterprises accounted for more than 70% and 54% respectively, a large number of enterprises to promote change, perfect the corporate governance, improve the level of standard operation, depth conversion mechanism, the vitality and effectiveness significantly increased.
"going forward, we will follow the principle of adopting policies tailored to local conditions, industries and enterprises. we will adopt policies tailored to local conditions, industries and enterprises. we will deepen mixed ownership reform in an active and prudent manner, without resorting to the policy of attracting foreign investors, covering all sectors, or setting a timetable." "said peng huagang, secretary-general of the state-owned assets supervision and administration commission of the state council.
the total overseas assets of central soes reached nearly 8 trillion yuan
with the focus on high-quality belt and road cooperation, soes have continued to enhance their capacity to allocate global resources. at present, central soes have more than 8,000 overseas institutions and projects with total assets of nearly 8 trillion yuan.
in greece, a number of landmark projects such as the piraeus port and china-laos railway have been successfully completed and are in good operation. a number of high-quality products, such as high-speed rail and nuclear power, have gone global, giving a strong impetus to enterprises upstream and downstream of the industrial chain.
we will transfer 1.2 trillion yuan of state capital to replenish the national social security fund
during the 13th five-year plan period, state-owned enterprises paid 17.6 trillion yuan in taxes, accounting for about 1/4 of the national tax revenue during the period, and 76 central enterprises transferred 1.2 trillion yuan of state capital to supplement the national social security fund.
we will adhere to a people-centered development philosophy and do all we can to help win the battle against poverty. since 2016, the state-owned assets supervision and administration commission (sasac) and central government enterprises have dispatched 37,000 temporary poverty alleviation officials, and invested hundreds of billions of yuan in helping 248 counties designated for poverty alleviation and development.
more than 900 projects were carried out in the xiongan new area
in the implementation of major national regional development strategy, governing state focus service coordinated development of the beijing-tianjin-hebei region, yangtze river delta integration development, building a large bay area of guangdong, the yangtze river economic belt, the yellow river basin ecological protection and development of high-quality regional major strategy, further develop the central coordination, the 3849 projects have been signed since the party's eighteen, more than 900 projects were carried out in the xiongan new area.
source: state-owned assets and administration commission of the state council