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China's central SOEs invest 1.1 trln yuan in Xinjiang during 14th Five-Year Plan period

March 15, 2026 | 22:17 |4809
Source: orient.tm

China's centrally-administered state-owned enterprises (SOEs) invested a total of 1.1 trillion yuan (about 159 billion U.S. dollars) in northwest China's Xinjiang Uygur Autonomous Region during the 14th Five-Year Plan period (2021-2025), official data showed Friday.

Over the five years, central SOEs generated 6.2 trillion yuan in operating revenue in the region, according to a meeting on central SOEs' industrial support for Xinjiang held in Beijing on Friday.

In 2025 alone, central SOEs completed 265.7 billion yuan of investment and created 107,000 new jobs in the region.

Central SOEs will further expand investment in Xinjiang in 2026 and accelerate the implementation of a number of major projects, according to the meeting.

During the meeting, 18 central SOEs signed letters of intent for 92 projects in Xinjiang, spanning sectors including energy, mineral resources, computing power and equipment manufacturing.

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