The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) held an online conference to summarize SOEs’ achievements in 2020 and during the 13th Five-Year Plan (2016-20) and to set new goals in 2021 and the 14th Five-Year Plan (2021-25).
The state-owned enterprises (SOEs) are now making extensive changes in quality and efficiency as well as innovation in such fields as technology, management, products, marketing and brands by applying new-generation information technologies and accelerating digital transformation of traditional industries.
In the past five years, China's state-owned enterprises (SOEs) have kept optimizing their layout structure, underpinning the country’s medium and high-speed economic growth.