The difference between state-owned companies and state-owned enterprises

Legal analysis: The important difference is that state-owned companies are the main organizational forms of state-owned enterprises. A company is a form of enterprise. The companies mentioned in China's Company Law are profit-making legal entities in China, including limited liability companies and joint stock limited companies. It is an enterprise organization form formed in the market economy to meet the needs of socialized mass production, and it is also applicable to state-owned enterprises and state-owned companies. As a form of production and operation organization, state-owned enterprises have both commercial and public welfare characteristics; According to the management authority of state-owned capital, it is divided into central enterprises and local enterprises, and the types of companies it belongs to are related categories of state-owned companies.

Legal basis: People's Republic of China (PRC) Company Law.

Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company with the shares subscribed by them.

Article 64 The provisions of this section shall apply to the establishment and organization of a wholly state-owned company. Where there are no provisions in this section, the provisions in the first and second sections of this chapter shall apply. A wholly state-owned company as mentioned in this Law refers to a limited liability company which is solely funded by the state and authorized by the State Council or the local people's government to perform the responsibilities of the investor.