China's state-owned enterprises (SOEs) have long been regarded as an important pillar of China's economy, and their role in promoting economic growth and helping the implementation of major national strategies is particularly prominent. However, compared with central SOEs, the leadership level of local SOEs is usually no higher than that of the department. However, if we want to make statistics on the senior management of central enterprises, we can find that most of the central enterprises are held by authoritative figures at or above the deputy ministerial level, and even the top leadership of some central enterprises has reached the ministerial level, which shows that China attaches great importance to and trusts the leadership of central enterprises.
In this large group of state-owned enterprises, we inevitably ask several questions - what is the development process of state-owned enterprises? And how do their leaders exert leadership in their highest positions to drive business progress? What is the profitability of these central enterprises? To answer these questions, this article will take you through an in-depth look at the operating models of state-owned enterprises and their influence.
What we should pay attention to is that in the initial stage of the development of state-owned enterprises, all income needs to be handed over to the state, and wages are also distributed by the relevant departments. However, with the advancement of reform and the changes in the development of state-owned enterprises, the profit ratio of state-owned enterprises now has customized regulations, and enterprises can use the remaining part for daily operations and increase their own development after paying the corresponding amount of tax. For example, up to now, the proportion of net profits paid by central enterprises has been set at between 10% and 15%, which undoubtedly shows the important position of state-owned enterprises in financial resources and economic development.
When it comes to the comprehensive strength of central enterprises, we must realize that in the current team of central enterprises, the highest ranking and rich business experience is China Merchants Group, headquartered in Shenzhen. According to the 2021 annual report, the group's annual profit amounted to 169.2 billion yuan, and it is worth mentioning that their total assets as of the end of 2021 have reached 1168 trillion yuan, therefore, among the 97 central enterprises, it is indisputably ranked first.
At the same time, although the number of state-owned enterprises in China's total of 130 state-owned enterprises is not large, with good profit performance, they brought a whopping 417 trillion yuan in turnover and 2With a total profit of 9 trillion yuan, the profits obtained by these 130 central enterprises alone account for 64 of the state-owned enterprises in the country.
On the land of my magnificent motherland, from provincial-level cities to counties and townships, all kinds of state-owned enterprises can be seen in almost every corner. In particular, some of the stronger local state-owned enterprises (SOEs) have surpassed some of the central SOEs in terms of overall strength, which also proves the rapid and strong development of China's SOEs. Among these local state-owned enterprises, some of them have a very strong overall strength, and even achieved good results in the ranking of the world's top 500 enterprises.
In fact, the financial status of state-owned enterprises is one of the important indicators of China's economic development. According to the latest data, in 2021 alone, the total revenue of China's state-owned enterprises reached a staggering 7555 trillion yuan, and the profit has also reached 45 trillion yuan, with an average daily profit of 12.3 billion yuan. Therefore, it is not for nothing that some people even jokingly called China's state-owned enterprises "big rich people" today.
If we look at the current entry of central enterprises from the perspective of the global market, it is not difficult to find that they still have a long journey on the road of future development and construction. Data from 2020 shows that the total number of central enterprises overseas.