Central enterprise standard abbreviation
State-owned enterprises are short for enterprises owned by the whole people, and central enterprises are short for enterprises directly under the central government. According to the state-owned assets management authority of China government, the state-owned enterprises in China are divided into central enterprises and local enterprises. Central enterprises must be state-owned enterprises, but not necessarily state-owned enterprises. Central enterprises are different from subordinate units of state-owned enterprises. Central enterprises are directly managed by the State-owned Assets Supervision and Administration Commission, and some heads of central enterprises are appointed by the Central Organization Department. General state-owned enterprises are under the jurisdiction of local governments.