China’s SASAC Urges Central SOEs to Tighten Safety Controls at High-Risk Operations

The instruction lands in the closing year of a three-year safety campaign, which gives SASAC a natural deadline to demonstrate results rather than just issue guidance. It applies to central SOEs, the same entities that dominate China's industrial, energy and infrastructure footprint — and, increasingly, its blockchain and digital-asset pilots. The operational question is whether a review of high-risk scenarios translates into enforceable protocols or remains a compliance exercise; how central SOEs reconcile tighter controls with fast-moving digital-asset and tokenisation projects is the detail worth watching.