Download
China's central SOEs report solid revenue, profit growth in Jan.-Oct.
CGTN

Translating...

Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

China's central SOEs report solid revenue, profit growth in Jan.-Oct.

China's centrally administered state-owned enterprises (SOEs) saw steady growth in revenue and profit in the first 10 months of this year despite downward pressure, according to the country's top state-owned assets regulator.

The central SOEs raked in 32.3 trillion yuan (about $4.54 trillion) in combined revenue in January-October period, up 9.9 percent from the same period last year, said the State-owned Assets Supervision and Administration Commission of the State Council.

The net profits of central SOEs reached 1.7 trillion yuan during the period, up 3.9 percent year on year.

Source(s): Xinhua News Agency

MORE FROM CGTN

{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

ShowBiz

12:04, 18-Mar-2025

Elevating consumption: China's path to continued growth
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Economy

12:03, 18-Mar-2025

China is rising to a global leader in health research
{"type":2,"value":"Marie Soulière","commentator":[],"valueShow":true,"commentatorShow":false}

Biz Analysis

11:12, 18-Mar-2025

China's people-centered policies drive economic growth and well-being
{"type":2,"value":"Xie Huihua","commentator":[],"valueShow":true,"commentatorShow":false}

Economy

10:18, 18-Mar-2025

TOP NEWS

Xi's inspection tour in Guizhou spotlights high-quality development
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

10:55, 18-Mar-2025

New policy measures unveiled to encourage consumption
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

China

09:42, 18-Mar-2025

Israeli strikes kill hundreds in Gaza, threatening collapse of truce
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Europe

11:20, 18-Mar-2025

Search Trends