Chinese State-Owned Enterprises (SOEs) are companies that are owned and operated by the government of China. They play a significant role in the country's economy, contributing to various sectors such as energy, telecommunications, and transportation. SOEs are often established to ensure that essential services and resources are managed in the public interest. These enterprises are typically large and can dominate their respective industries. The Chinese government uses SOEs to implement economic policies and maintain control over key sectors. While they can drive economic growth, SOEs also face challenges such as inefficiency and competition from private companies.