Wed, 27 Oct 2021

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

Xinhua
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.

More Beijing News

Access More

Sign up for Beijing News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!