Special legal person enterprise. It is completely funded by the government and its legal person status is clear. It is regulated by the state through special laws and policies and is not regulated by the company law.
Wholly state-owned company. It is fully funded by the government, regulated by the company law, with social public goals as the mainstay and economic goals as the supplement.
State holding company. Owned by the government, regulated by the company law, mainly relying on economic goals and focusing on social goals. These enterprises have both social and economic goals, mainly quasi-natural monopoly enterprises and pillar industries of national economic development.
What is a state-owned enterprise?
State-owned enterprises are the pillars of our national economy. At present, the contribution rate of state-owned economy to GDP is around 30%. Central enterprises are the main force of state-owned enterprises in China. In China, according to the use of state-owned assets, they can be divided into operating assets and non-operating assets. Operating assets can be divided into central enterprises and local enterprises according to government management authority.
There are three kinds of central enterprises in a broad sense: first, enterprises managed by the State Council State-owned Assets Supervision and Administration Commission are divided into those that provide public goods, such as military industry and telecommunications; Providing natural monopoly products, such as oil; Provide competitive products, such as general industry, construction and trade. Second, the enterprises managed by CBRC, CIRC and CSRC belong to the financial industry. Third, enterprises managed by other departments or mass organizations in the State Council belong to tobacco, gold, railway passenger and freight transportation, ports, airports, radio and television, culture, publishing and other industries.
According to the latest judicial examination, a public institution refers to a social organization that relies on financial allocations and aims at public welfare. It used to be difficult to distinguish between state-owned enterprises and institutions. However, in the wave of market economy, the state promotes state-owned enterprises to the market through equity reform, and state-owned enterprises also aim at pursuing surplus value, not just to meet the production needs of the country. To put it simply, state-owned enterprises are not only sheltered by national policies, but also within the broad scope of enterprise legal persons.
In the past, state-owned enterprises were synonymous with places where taxes paid by the whole country supported some people.
Nowadays, state-owned enterprises are synonymous with several rich and powerful self-employed people (mainly powerful people) in China. They mix their money together and use it as bait to take money from the people of the whole country.