Is CRRC a state-owned enterprise or a central enterprise?

Central enterprises. According to official website information of SAIC, CRRC is a central enterprise directly managed by the State Council SASAC. A central enterprise refers to a wholly state-owned or state-controlled enterprise that is directly managed by the central government or entrusted by the Central People's Government (the State Council) or the state-owned assets supervision and administration institution to exercise the investor's responsibilities. The leading group is entrusted by the Central Organization Department, the State-owned Assets Supervision and Administration Commission and other central ministries and commissions. Central enterprises occupy a dominant position in major industries and key areas related to national security and the lifeline of the national economy, and are an important pillar 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).