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2nd LD-Writethru-Economic Watch: China's central SOEs harness innovation to foster new growth drivers

NAMPA / Xinhua
2026-01-28
BEIJING, Jan. 28 (Xinhua) -- China's state-owned enterprises (SOEs) directly administered by the central government have intensified moves to explore the innovation frontier, with robust tech investment and brisk adoption of new technologies, in a bid to develop more competitive, world-class enterprises. Central SOEs invested 1.1 trillion yuan (about 157.69 billion U.S. dollars) in research and development (R&D) in 2025, official data showed o......
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