Sunday, September 24, 2023
Investment of China's central SOEs in strategic emerging industries at high level
Xinhua
The investment of China's centrally administrated state-owned enterprises (SOEs) in strategic emerging industries remained at a high level in 2022, according to a report.
The figure accounted for more than 20 percent of the total investment, according to the report released by the research center of the State-owned Assets Supervision and Administration Commission of the State Council.
Investment in new-energy vehicles, communications and electronics manufacturing maintained double-digit growth, the report stated.