Municipal state-owned enterprises refer to state-owned enterprises directly invested and established by the Municipal People's Government or the state-owned assets supervision and administration institution. State-owned enterprises refer to state-owned enterprises invested and established by the State Council or local governments. In addition, the business scope and management scope of municipal state-owned enterprises are usually limited to areas below the municipal level, while state-owned enterprises may operate and manage nationwide.
To sum up, the main difference between municipal state-owned enterprises and state-owned enterprises lies in the different investment subjects and business scope. Municipal state-owned enterprises are directly invested and established by the Municipal People's government or the state-owned assets supervision and administration institution, and their business scope and management scope are usually limited to the areas below the municipal level; State-owned enterprises are invested and established by the State Council or local governments, and their business scope and management scope may involve the whole country.
Legal basis:
1. Article 5 of the Law of People's Republic of China (PRC) on State-owned Assets of State-owned Enterprises stipulates: "the State Council and local people's governments perform the investor's duties on behalf of the State Council and local people's governments respectively, enjoy the investor's rights and interests, and are responsible for the supervision and management of state-owned assets."
2. Article 74 of the Company Law of People's Republic of China (PRC) stipulates: "The establishment and organization of a wholly state-owned company shall be stipulated by the State Council."
3. Article 3 of the Law of People's Republic of China (PRC) on State-owned Assets of Enterprises stipulates: "State-owned assets are owned by the state, that is, by the whole people. The State Council exercises the ownership of state-owned assets on behalf of the state. "