A State-Owned Enterprise (SOE) is a business entity that is owned and operated by a government. These enterprises can be found in various sectors, including utilities, transportation, and natural resources. The primary goal of an SOE is to provide essential services to the public and contribute to the economy, often prioritizing social welfare over profit. SOEs can vary in size and scope, ranging from large corporations to smaller local businesses. They may compete with private companies but often receive government support or subsidies. Examples of SOEs include China National Petroleum Corporation and Amtrak in the United States.