The reporter recently learned from the State-owned Assets Supervision and Administration Commission of the State Council that in 2023, the central enterprises completed a total investment of 6.2 trillion yuan, an increase of 6.9%. Among them, fixed asset investment (including real estate) completed 5.1 trillion yuan, an increase of 11.4%.

Strategic emerging industries developed rapidly. Sinopec's total investment of 20.5 billion yuan "West to East hydrogen" pure hydrogen long distance pipeline project was officially launched, and China Electronics' first 12-inch automotive chip pilot line was successfully completed... In 2023, central enterprises completed investment in strategic emerging industries of 2.2 trillion yuan, an increase of 32.1%.

Investment in key industries has achieved remarkable results. In 2023, the investment in the fields of petroleum and petrochemical, power grid, metallurgy and nonferrous metals, and communication enterprises will reach 3.3 trillion yuan, an increase of 9.3%, accounting for 53.2% of the total investment. Among them, power grid enterprises focused on energy security and green low-carbon transformation, and accelerated the construction of key projects such as new energy bases, and the investment increased by 16% year-on-year. Petroleum and petrochemical enterprises focused on increasing storage and production, and stepped up exploration and development efforts, which effectively supported domestic crude oil output of 208 million tons and natural gas production of 230 billion cubic meters.

Key projects were carried out in an orderly manner. More than 1,000 key projects undertaken by central enterprises in the national "14th Five-Year Plan" major projects, central enterprises' industrial rejuvenation action and future industrial sailing action have been promoted in an orderly manner, with an investment of 2 trillion yuan completed by 2023.

It is understood that the State-owned Assets Supervision and Administration Commission of the State Council will orderly promote the progress of investment, form more physical workload, and drive economic growth with investment growth.

Source: SASAC of The State Council