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Is China Power Construction Group a state-owned enterprise or a central enterprise?
China Power Construction Group is a state-owned enterprise and a central enterprise. According to the information of official website of the State Administration for Industry and Commerce, the capital of China Electric Power Construction Group Co., Ltd. is all funded by the state and not owned by state-owned enterprises. It is a legally established organization engaged in production and business activities, belonging to state-owned enterprises, while the central enterprises, that is, central enterprises, are all called "central management enterprises", which refer to units appointed by the Central Organization Department, the State Council State-owned Assets Supervision and Administration Commission or other ministries. Therefore, China Power Construction Group is a state-owned enterprise as well. Central enterprises are directly under the jurisdiction of the State Council, while state-owned enterprises are under the unified jurisdiction of local governments. This is an important difference between central enterprises and state-owned enterprises in management. Although there are some differences between them, they all belong to the country.
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