Wed, 27 Oct 2021

Profits of Chinese SOEs surge 75 pct in Jan.-Aug.

24 Sep 2021, 21:18 GMT+10

© Provided by Xinhua

BEIJING, Sept. 24 (Xinhua) -- The combined profits of China's state-owned enterprises (SOEs) surged 75 percent year on year to over 3.12 trillion yuan (about 483 billion U.S. dollars) in the first eight months of this year, official data showed Friday.

During the period, the SOEs saw their operating revenue up 24.9 percent year on year to more than 47.4 trillion yuan, according to the Ministry of Finance.

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