The difference between state-owned enterprises and central enterprises lies in the difference of subordinate units.
Central enterprises are directly managed by SASAC, while state-owned enterprises are under the jurisdiction of local governments. Moreover, the concepts of state-owned enterprises and central enterprises cross each other. State-owned enterprises are enterprises established by the state as the main body of investment and classified according to the system. From the source, they belong to the central ministries and commissions and are called central enterprises. Moreover, in terms of affiliation, central enterprises are managed by national ministries and commissions, and provincial and municipal enterprises are managed by provincial and municipal industrial bureaus.