China's centrally administered state-owned enterprises (SOEs) have posted a combined total profit of 2.5 trillion yuan (about 360 billion U.S. dollars) in 2025, official data showed on Wednesday.

By the end of 2025, the centrally administered SOEs' total assets have exceeded 95 trillion yuan (about 13.66 trillion U.S. dollars), while total profits have reached 2.5 trillion yuan. The investment by the central SOEs in fixed assets totaled 5.1 trillion yuan. The central SOEs have contributed more than 2.5 trillion yuan in taxes and fees during this period, effectively driving the interconnected development of both upstream and downstream businesses of the country's industrial chains, data from the state assets regulator showed.

"In 2025, China's state-owned enterprises (SOEs) directly administered by the central government invested 1.1 trillion yuan (about 157.69 billion U.S. dollars) in research and development (R&D) . The R&D spending has remained above 1 trillion yuan for four consecutive years. Twenty-two new academicians were elected to the Chinese Academy of Sciences (CAS) and the Chinese Academy of Engineering (CAE), a record high in history. A total of 23 innovation consortia incorporated more than 100 new innovation entities to tackle key challenges, achieving a series of breakthroughs in frontier fields and further highlighting the pivotal role of national strategic scientific and technological capabilities," said Pang Xiaogang, deputy head of the State-owned Assets Supervision and Administration Commission of the State Council.

China's central SOEs have played an important role in advancing key technologies, fostering strategic emerging industries, and developing new quality productive forces.

In 2025, the central SOEs invested 2.5 trillion yuan in strategic emerging industries, accounting for 41.8 percent of their total investment, which has boosted the growth across upstream and downstream enterprises of the country's industrial chains, providing strong support for China's overall economic and social development.