Central state-owned enterprises maintained stable and orderly economic operations in the first quarter, with continuous improvement in operational quality and efficiency, strong growth in effective investment, and increasing value contributions. Fixed asset investment reached 1.05 trillion yuan, a year-on-year increase of 23.5%, and added value reached 2.7 trillion yuan, up about 3% year-on-year.
On April 20, the State-owned Assets Supervision and Administration Commission of the State Council held a meeting to report on the first-quarter economic operations of central enterprises and sign the 2026 business performance responsibility agreements. This information was obtained from the meeting.
Data shows that in the first quarter of this year, central enterprises saw steady growth in basic supplies such as electricity sales, air transport, total water transport turnover, refined oil sales, and coal production and sales, effectively maintaining market supply and price stability. Industrial development is advancing towards innovation and optimization, with investment in strategic emerging industries increasing by 19.5% year-on-year.
The State-owned Assets Supervision and Administration Commission of the State Council requires central enterprises to more solidly and effectively carry out various key tasks, go all out to improve quality, efficiency, and stabilize growth, persistently focus on strengthening internal capabilities and self-improvement, dynamically optimize business strategies, and actively expand effective investment in areas such as nurturing emerging pillar industries, large-scale equipment renewal and transformation, and construction of affordable infrastructure, effectively supporting the expansion of domestic demand. Greater efforts should be made to cultivate and develop new quality productive forces, based on the real economy, continuously promote technological innovation, prioritize basic research, focus on research and development reserves and talent reserves, and accelerate industrial transformation based on main responsibilities and development stages, rapidly expanding new momentum and new advantages.
Focusing on further deepening the reform of state-owned assets and state-owned enterprises, the State-owned Assets Supervision and Administration Commission of the State Council clarified that it is necessary to highlight key points, strengthen problem orientation, and enhance coordination. At the same time, it emphasized the need to firmly hold the bottom line of preventing systemic risks, strengthen risk source control, process monitoring, and result management, further build and utilize transparent supervision platforms, continuously optimize and improve risk monitoring and early warning mechanisms, and strictly enforce the primary responsibility of enterprises for production safety.
