Chinese SOEs and Seven Decades of Achievement

This year marks the 70th anniversary of the founding of the People's Republic of China. 

Chinese central SOEs have made outstanding progress over the decades, from the construction of the country's first large-scale oil field to the opening of its first domestic airline and first 10,000-ton ocean-going ship.

As the economic backbone of socialism with Chinese characteristics, Chinese central SOEs have contributed immeasurably to the nation's economic and social development and standard of living.

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