# state-owned enterprises
Latest news and articles about state-owned enterprises
Total: 4 articles found
Moutai’s Money Manager Falls: Probe of CFO-Board Secretary Exposes Governance Risks at China’s Most Valuable Liquor Firm
Guizhou provincial investigators have placed Kweichow Moutai’s chief financial officer and company secretary Jiang Yan under disciplinary and criminal scrutiny. Her role overseeing Moutai’s finance arms and capital operations makes the inquiry significant for corporate governance and investor confidence in one of China’s most valuable listed companies.
Beijing Puts Tech and State Capital at the Centre of Its Growth Pitch as NPC Opens
At the opening of the 14th National People’s Congress, Chinese leaders and ministers billed 2025 as a year of record R&D and rapid AI and robotics deployment, with state-owned enterprises ploughing trillions of yuan into strategic emerging industries. Officials framed these gains as evidence that Beijing will continue to rely on state-directed investment and technology-driven industrial policy to steer China's economy in 2026.
Guangzhou Pharma Graft: 17 Executives Sentenced in RMB200m Corruption and Fake‑drug Ring
China’s Guangzhou Pharmaceutical Group has publicly announced the conviction or disciplining of 17 executives in a corruption probe involving more than RMB200 million. The cases, which include bribery, kickbacks and the sale of counterfeit medicines, focus heavily on advertising, procurement and distribution channels within the state‑owned group and its Wanglaoji subsidiary.
China’s State Firms See Profits Slip in 2025 Despite Flat Revenues, Raising Questions for Beijing’s Growth and Reform Strategy
China’s state-controlled firms posted a 6.3% drop in profits for 2025 despite a 0.5% rise in revenue, with total profits around ¥4.04 trillion and an asset‑liability ratio of 65.1%. The data highlight margin pressure across SOEs and present Beijing with a choice between fiscal support and deeper restructuring.