State-owned enterprises refer to enterprises owned and controlled by the state or government. State-owned enterprises occupy a very important position in China's economic system and play an important role in national economy, social development and public interests. The level of state-owned enterprises is usually related to their position and role in the national economy. Vice-ministerial state-owned enterprises usually refer to those state-owned enterprises that play an important role in the national economy, and their level is equivalent to the vice-ministerial level of government departments. State-owned enterprises play a very important role in the economic development of China. They play an important role in infrastructure construction, public services, scientific and technological innovation, environmental protection and other fields. At the same time, state-owned enterprises are also an important force for China enterprises to enter the international market, showing great strength and influence in international cooperation and competition.
To sum up, Shandong Expressway, as a vice-ministerial state-owned enterprise, plays an important role in the economic construction of Shandong Province and even the whole country. Its level reflects the state's attention and support for Shandong Expressway Group in infrastructure construction and operation management.
Legal basis:
Law of People's Republic of China (PRC) on State-owned Assets of Enterprises
Article 16
State-funded enterprises enjoy the right to possess, use, profit from and dispose of their movable property, immovable property and other property in accordance with laws, administrative regulations and articles of association. The operational autonomy and other legitimate rights and interests enjoyed by state-funded enterprises according to law are protected by law.