What are the state-owned and collective economies in China?

1. The state-owned economy refers to an economic type in which the means of production are owned by the state and is an important part of the socialist public ownership economy. Including enterprises invested and established by state organs, institutions and social organizations at the central and local levels using state-owned assets. State-owned enterprises include China National Nuclear Corporation, China Nuclear Industry Construction Corporation, China Aerospace Science and Technology Corporation, China Aerospace Science and Technology Corporation, China Aviation Industry Corporation I, China Aviation Industry Corporation II, China Shipbuilding Corporation, China Shipbuilding Industry Corporation, China Ordnance Industry Corporation, China Ordnance Equipment Corporation and so on.

2. The collective economy is a public economy in which the means of production are owned by some workers. The essence of collective economy is cooperative economy, including trade unions and capital trade unions. Enterprises in the collective economy include: Jiangsu Baixue Electric Appliance Co., Ltd., Jiangsu Hanshin Electric Appliance Co., Ltd., Star Group Co., Ltd., Qingdao Aucma Group Co., Ltd., Harbin Beer Co., Ltd., Haier Group Co., Ltd., Shunde Wanhe Electric Appliance Co., Ltd., Jiangsu Yurun Food Group Co., Ltd., Shanxi Gucheng Dairy Group Co., Ltd., Tianjin Blue Sky Group Co., Ltd., etc.