China's centrally-administered state-owned enterprises (SOEs) just dropped a science bombshell 💣: They invested 1.1 trillion yuan ($157.69B) in research and development last year, maintaining their R&D spending above the trillion-yuan mark for the fourth straight year.
Tech Titans Leading the Charge
Deputy regulator chief Pang Xiaogang revealed Wednesday that these economic powerhouses aren't just maintaining momentum – they're accelerating China's tech race. From quantum computing to AI infrastructure, central SOEs are driving breakthroughs that ripple through global supply chains 🌐
Future-Proof Investments
2025 saw strategic emerging industries get 2.5 trillion yuan ($359.5B) love injection 💉 – that's 41.8% of total SOE investments. Think next-gen semiconductors, green energy systems, and smart manufacturing tech that's reshaping factories from Shenzhen to Stuttgart.
While posting 2.5 trillion yuan in profits, these state-backed giants now control assets worth over 95 trillion yuan ($13.7T) – equivalent to Japan's entire GDP 🇯🇵📈
