State-owned enterprises of Taiwan

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Corporations such as CPC Corporation and Taiwan Financial Holdings Group are owned by the government of Taiwan (officially the Republic of China). Taiwan launched privatization programs in 1989. [1]

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List of government-owned corporations

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This is a list of state-owned enterprises of China. A state-owned enterprise is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular or dominant stockholder. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms are often used interchangeably. The defining characteristics are that they have a distinct legal shape and they are established to operate in commercial affairs. While they may also have public policy objectives, SOEs should be differentiated from other forms of government agencies or state entities that are established to pursue purely non-financial objectives. The role of the Chinese Communist Party (CCP) in SOEs has varied at different periods but has increased during the rule of CCP General Secretary Xi Jinping, with the Party formally taking a commanding role in all SOEs as of 2020. For example, Lai Xiaomin, the former president of China Huarong Asset Management, which is a famous state-owned enterprise, announced in 2015 that during the operation of China Huarong Asset Management, the Committee of China Communist Party will play a central role, and party members will play an exemplary role.

References

  1. "Taiwan - 7-State-Owned Enterprises". export.gov. 21 July 2017. Retrieved 20 June 2018.