Is Hongqi a State-Owned Enterprise or a Central Enterprise?

[SiennaMarie]

Hongqi is a central enterprise. The following introduces the differences between state-owned enterprises and central enterprises: Different definitions: Central enterprises refer to state-owned companies directly under the relevant departments of the State Council; while state-owned enterprises generally refer to enterprises where state capital (local SASAC, finance) holds controlling shares, participates in shares, or is solely owned, and whose investment behavior is determined by the will and interests of local governments. Different industries controlled: Central enterprises are all in industries that control the lifeline of the country, such as aerospace, science and industry, nuclear power, shipbuilding, armaments, electronic technology, oil and gas, and other scarce resources; while state-owned enterprises, such as water conservancy, electric power, construction, chemical industry, etc., are non-monopoly resource-based enterprises and allow investment cooperation from high-quality private enterprises.