At present, the standard name is state-funded enterprises, including wholly-owned, holding and shareholding enterprises. According to the provisions of the Law on State-owned Assets of Enterprises, as long as there is state capital or state corporate capital among the investors of an enterprise, it is said that a state-funded enterprise is a state-funded enterprise.
State-owned enterprises, in international practice, only refer to enterprises invested or controlled by the central government or the federal government of a country. In China, state-owned enterprises also include enterprises invested and controlled by local governments. The will and interests of the government determine the behavior of state-owned enterprises. As a form of production and operation organization, state-owned enterprises have the characteristics of both profit-making legal persons and public welfare legal persons. Its profitability is reflected in the pursuit of maintaining and increasing the value of state-owned assets. Its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a role in coordinating the development of all aspects of the national economy.
State-owned enterprises refer to the state's ownership or control over its capital, and the will and interests of the government determine the behavior of state-owned enterprises.
State-owned enterprises are the backbone of national economic development and the pillar of Socialism with Chinese characteristics.
As an organizational form of production and operation, state-owned enterprises have both commercial and public welfare characteristics. Their commerciality is reflected in the pursuit of maintaining and increasing the value of state-owned assets, and public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of national economic regulation and play a role in coordinating the development of all aspects of the national economy.
According to the authority of state-owned assets management, state-owned enterprises are divided into central enterprises (state-owned enterprises supervised and managed by the central government) and local enterprises (state-owned enterprises supervised and managed by local governments).
Individual central enterprises have a special responsibility in the process of national social and economic development, which belongs to the direct management of the State Council, and these central enterprises belong to the ministerial level.
legal ground
Law of People's Republic of China (PRC) on State-owned Assets of Enterprises
Article 2 The state-owned assets of enterprises mentioned in this Law (hereinafter referred to as state-owned assets) refer to the rights and interests formed by the state's various forms of capital contribution to enterprises.
Article 5 The state-funded enterprises mentioned in this Law refer to wholly state-owned enterprises and state-funded companies, as well as state-owned capital holding companies and state-owned capital shareholding companies.