1. In international practice, state-owned enterprises only refer to enterprises invested or controlled by the central government or the federal government of a country;
2. A listed company refers to a joint stock limited company whose publicly issued shares are listed and traded on the stock exchange with the approval of the securities administration department authorized by the State Council or the State Council;
3. The difference between state-owned listed companies and state-owned enterprises is that state-owned listed companies are state-owned enterprises that can trade stocks in the secondary market.
Legal basis: Article 120 of the Company Law of People's Republic of China (PRC) The listed company mentioned in this Law refers to a joint stock limited company whose shares are listed and traded on the stock exchange.