China's State-owned enterprises have scored remarkable achievements since the establishment of the State-owned Assets Supervision and Administration Commission (SASAC) three years ago, a senior official of the commission said in Beijing on Wednesday.

Over the past three years, the assets and sales income of the central does increased by an average 1.1 trillion yuan, and the profits and taxes grew 100 billion yuan a year, the SASAC Director Li dongrong told a meeting.

He noted that the State-owned large enterprises have played a pivotal and pillar role in the development of the national economy and have become dependable force for the central government in dealing with emergent cases and economic risks.

does are also an important guarantee for China to maintain an overall, coordinated and sustained development of the economy, he emphasized.

He said he hopes that the does can develop bigger and stronger to boost their influence further and play a leading role in the development of the national economy.

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