Is Yaocheng Health Technology a State-owned Enterprise or a Private Enterprise?
Yaocheng Health Science and Technology is a state-owned enterprise. State-owned enterprises are state-owned enterprises. In international practice, they only refer to enterprises invested or controlled by the central government or the federal government of a country. In China, state-owned enterprises also include enterprises invested and controlled by local governments. The will and interests of the government determine the behavior of state-owned enterprises. As a form of production and operation organization, state-owned enterprises have the characteristics of both profit-making legal persons and public welfare legal persons.