Investment of China's central SOEs in strategic emerging industries at high level: report-Xinhua

Investment of China's central SOEs in strategic emerging industries at high level: report

Source: Xinhua

Editor: huaxia

2023-09-23 19:41:15

BEIJING, Sept. 23 (Xinhua) -- The investment of China's centrally administrated state-owned enterprises (SOEs) in strategic emerging industries remained at a high level in 2022, according to a report.

The figure accounted for more than 20 percent of the total investment, according to the report released by the research center of the State-owned Assets Supervision and Administration Commission of the State Council.

Investment in new-energy vehicles, communications and electronics manufacturing maintained double-digit growth, the report stated.