Yuan Ye, Deputy Director of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, announced at a press conference on the 17th that 2025 marks the conclusion of the 14th Five-Year Plan and is pivotal for furthering reforms. SASAC and central enterprises will adhere to the principle of steady progress, comprehensively adopt new development concepts, prioritize high-quality development, and initiate special measures to boost quality and efficiency. These measures include strengthening technological innovation capabilities, optimizing corporate structures, deepening state-owned enterprise reforms, enhancing the quality of listed subsidiaries, mitigating risks, and increasing added value, functional value, economic value added, the share of revenue from strategic emerging industries, and brand value. The objective is to fortify core functions and competitiveness, facilitate the enhancement, optimization, and expansion of state-owned capital and enterprises, lay a solid foundation for the successful conclusion of the 14th Five-Year Plan and a strong start for the 15th Five-Year Plan, and contribute to technological innovation, industrial control, and safety support.