China’s central state-owned enterprises reported stable and orderly Q1 operations with continued improvement in efficiency and quality, according to the State-owned Assets Supervision and Administration Commission. Fixed-asset investment reached 1.05 trillion yuan, up 23.5% year-on-year, while value-added output totaled 2.7 trillion yuan, up about 3%. Investment in strategic emerging industries increased 19.5%, indicating a shift toward higher-quality and new-growth sectors, with overall industr

China’s central state-owned enterprises reported stable and orderly Q1 operations with continued improvement in efficiency and quality, according to the State-owned Assets Supervision and Administration Commission. Fixed-asset investment reached 1.05 trillion yuan, up 23.5% year-on-year, while value-added output totaled 2.7 trillion yuan, up about 3%. Investment in strategic emerging industries increased 19.5%, indicating a shift toward higher-quality and new-growth sectors, with overall industrial development moving toward more advanced and optimized structure.