China’s centrally administered state-owned enterprises held 99.3 trillion yuan in total assets at the end of August 2026, according to a People’s Daily article published on November 13. The article said the total could rise further by year-end, but did not provide a forecast figure.
The article examines how Communist Party leadership is incorporated into state-owned enterprise governance. It cites a call by the party’s 20th Central Committee at its fifth plenary session to strengthen leadership of state-owned enterprises and state-owned financial firms, including party committee review of major management decisions before they proceed through corporate governance processes.
As examples, the article says centrally administered enterprises have established more than 400 branches in the Xiong’an New Area since 2023. It also describes personnel training, workplace party organizations and anti-corruption oversight. According to the article, the Central Commission for Discipline Inspection and the National Supervisory Commission have completed the placement of disciplinary inspection and supervision teams at enterprises managed by the central authorities.
These figures and assessments are reported by the original article; it presents stronger party leadership as a means of improving enterprise performance.
