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World News December 24, 2025

Xi urges central SOEs to contribute more to Chinese modernization

Chinese President Xi Jinping urged centrally administered state-owned enterprises (SOEs) to better serve national and Party priorities and play a stronger role in advancing Chinese modernization. He emphasized high-quality economic and social development, improving people’s livelihoods, deepening reforms, managing risks, boosting core competitiveness, and achieving breakthroughs in key technologies. Xi also stressed strengthening Party leadership over SOEs, improving supervision, and combating corruption.

Premier Li Qiang said that during the 15th Five-Year Plan period (2026–2030), central SOEs should support major infrastructure projects, upgrade infrastructure with digital and intelligent technologies, develop emerging and future industries, ensure stable energy and resource supplies, and strengthen applied basic research. He also called for deeper SOE reforms and more proactive leadership.

Credit : CGTN

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