Guangdong provincial SASAC said provincially owned enterprises had total assets
of RMB 2.99 tln at end-June, up 6.2% YoY; Jan–Jun cumulative operating revenue
was RMB 372.65 bln, up 7% YoY; total profit was RMB 25.30 bln, up 11.8% YoY. The
meeting called for optimizing SOE economic layout and structural adjustment,
drafting a 15th Five-Year Plan, upgrading core infrastructure sectors
(transport, energy, water, construction, mining) and accelerating deployment in
frontier areas including artificial intelligence, advanced biomanufacturing,
next-generation information technology, marine ranching, low-altitude economy
and new energy storage, and for speeding cultivation of industry leaders and
innovation entities.
