# State-Owned%20Enterprises
Latest news and articles about State-Owned%20Enterprises
Total: 36 articles found
China’s State-Led Rescue: Local SOEs Step Into the Resale Market to Clear Property Gluts
Local governments across China are deploying state-owned enterprises to buy used homes directly from residents, aiming to stimulate new home sales and clear excess inventory. This 'trade-in' strategy seeks to break the property market deadlock by absorbing secondary housing and repurposing it for social and rental programs.
The Price of Efficiency: China’s Most Profitable High-Speed Rail Hikes Fares
China’s flagship Beijing-Shanghai high-speed rail line is raising its fare ceiling by 20%, despite posting record profits in 2025. The move underscores a shift toward market-driven pricing and the controversial practice of using profitable lines to subsidize China's vast, loss-making rural rail network.
China’s Great Inventory Pivot: Local Governments Step In to Repurpose a Bloated Property Market
Chinese municipal governments are increasingly intervening in the property market by using state-owned enterprises to buy back unsold housing and convert vacant commercial space into public services. This strategic shift aims to de-risk developer balance sheets while addressing social needs such as elderly care and affordable housing.
A State-Sponsored Lifeline for Vanke as Property Woes Deepen
Vanke has secured an additional 2.5 billion RMB loan from its state-owned largest shareholder, Shenzhen Metro, amid a historic 88.6 billion RMB annual loss. The developer is currently liquidating assets and restructuring executive pay to navigate a severe liquidity crisis and plummeting property sales.
A Pillar of Risk: The Downfall of Henan’s Bad-Debt Manager Highlights China’s Financial Cleanup
Li Jianguo, the former head of Henan’s top state-owned asset management firm, has been expelled from the CPC for causing massive state losses and deep-seated corruption. The case highlights the vulnerabilities within China's provincial bad-debt managers and signals a continued high-pressure anti-graft campaign in the financial sector.
High Spirits, Hard Fall: Former Moutai Chairman Indicted in Widening Anti-Graft Net
Ding Xiongjun, the former chairman of liquor giant Kweichow Moutai, has been indicted for bribery and money laundering. The charges follow a long history of corruption at the helm of China’s most prestigious state-owned spirit producer, highlighting the systemic risks within its lucrative distribution model.
Clipped Wings: China Prosecutes Former Aviation Titan Liu Shaoyong in Expanding Anti-Graft Drive
Liu Shaoyong, the former chairman of China Eastern Airlines and a veteran of China Southern, has been indicted for accepting massive bribes throughout his career. His prosecution signals a deepening anti-corruption campaign targeting the leadership of China's strategic state-owned enterprises and the capital-heavy aviation industry.
The Great Divergence: Record Dividends Mask Deep Fractures in China’s Corporate Landscape
China's 2025 corporate earnings reveal a stark divide, where record-high dividends of 2.43 trillion RMB are being used to offset catastrophic losses in the property and solar sectors. While state-owned enterprises provide a floor for the market, the collapse of property giants like Vanke and the solar industry's slide into overcapacity signal deep structural challenges.
The Persistence of the Proletariat: China’s Infrastructure Engine Grinds Through the May Day Holiday
As China celebrates the May Day holiday, state-owned construction firms are maintaining full operations on critical innovation and educational infrastructure projects. This persistent activity highlights the government's reliance on infrastructure investment and the 'glorious labor' narrative to drive economic momentum.
The Scaffolding of a Unified Market: China’s Property Rights Transactions Surpass 120 Trillion Yuan
China's property rights market has reached a milestone of 121.72 trillion yuan in transactions during the 14th Five-Year Plan, driven by state-owned enterprise reforms and the development of a unified national information platform. This growth reflects Beijing's strategic push to centralize and modernize its internal asset markets to improve capital efficiency.
China’s Data Ambitions: Breaking the Silos of State-Owned Giants
China Mobile has launched a 'trusted data space' hub in Chengdu, marking a significant step in enabling secure data circulation among central state-owned enterprises. The facility leverages massive computing power to support AI model training and aligns with the national 'East Data, West Computing' strategy.
Servicing the Sword: China’s State-Owned Giant Professionalizes Support for the PLA
China Rongtong Group has launched a comprehensive initiative to professionalize logistical and social support for the PLA, ranging from remote medical services to 24/7 digital hotlines. These efforts aim to boost military morale by resolving long-standing issues in housing, family employment, and healthcare through a state-owned corporate framework.