China’s central state-owned enterprises held 99.3 trillion yuan in total assets at the end of August 2026, according to a People’s Daily report published on November 13. The report said the total could reach a new level by year-end, but did not give a specific forecast.
The article examines efforts to strengthen Communist Party leadership within state-owned enterprises. It cites a call from the Fifth Plenary Session of the 20th Communist Party Central Committee for party committees to review major business and management matters before decisions are made, alongside improvements to corporate governance.
As an example of state-owned enterprises serving national priorities, the report says central enterprises have established more than 400 branches and other offices in the Xiong’an New Area of Hebei province since 2023. It also describes changes to leadership training and recruitment, including a 2026 training plan from the State-owned Assets Supervision and Administration Commission’s cadre education center with more than 100 courses scheduled for the year.
On oversight, the report says the Central Commission for Discipline Inspection and the National Supervisory Commission have completed the placement of inspection and supervision teams at centrally managed enterprises. It describes monitoring systems at state grain-storage facilities and internal inspections as part of broader anti-corruption efforts.
The article presents these developments as evidence that party-building supports enterprise performance. That assessment is the report’s characterization, rather than a separately established measure of the policies’ effects.