China Telecom is a state-owned super-large communication backbone enterprise with a registered capital of 2 1, 3 1 billion yuan, assets of more than 800 billion yuan and annual revenue of more than 430 billion yuan, ranking among the Fortune 500 companies for many years. The company owns three listed companies: China Telecom Co., Ltd., China Communications Service Co., Ltd. and 100 Holding Co., Ltd.
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Central enterprises in a broad sense include three categories:
1. The central enterprises managed by the State Council SASAC 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.
2. The central enterprises managed by the Ministry of Finance and Central Huijin Company belong to the financial industry, such as China Bank, China Agricultural Bank, China Industrial and Commercial Bank, China Construction Bank, Bank of Communications, China Development Bank, The Export-Import Bank of China, China Agricultural Development Bank, China Life Insurance (Group) Company, China People's Insurance Group Co., Ltd., China Taiping Insurance Group Co., Ltd. and China Export Credit Insurance Corporation.
4. Central 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, such as China Post Group Corporation, China Publishing Group Corporation, China Supply and Marketing Group Co., Ltd., China International Television Corporation and China Tobacco Corporation.
State-owned Assets Supervision and Administration Commission of the State Council-Directory of Central Enterprises
China Telecom's official website-Group profile
Baidu encyclopedia-central enterprises