Traditional Culture Encyclopedia - Hotel accommodation - Is Lingtai County Hotel a state-owned enterprise or a private enterprise?

Is Lingtai County Hotel a state-owned enterprise or a private enterprise?

state-owned enterprise

State-owned hotels or state-owned hotels are actually state-owned enterprises.

In international practice, state-owned enterprises 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.

Simply put, a state-owned hotel means that the ownership of the hotel belongs to the state, and the state authorizes the local government authorities to manage it.