Staying with the Chinese economy. Fresh data from the Finance and Commerce ministries showed that China's economy remained healthy in the first half of 2019. That came the State Council Information Office said that Chinese central State-Owned Enterprises maintained steady growth in the first six months.

The Chinese economy grew steadily in the first half based on fresh data from the Finance and Commerce Ministries. The Finance Ministry said Tuesday that the fiscal revenue growth matched the GDP expansion in the first six months. That came as the balance between the public budget income and expenditures was no more than 1.5 trillion yuan or 228 billion U.S. dollars. Meanwhile, the Commerce Ministry said that non-financial outbound direct investment made by Chinese investors amounted to 350 billion yuan or about 50 billion U.S. dollars. That was a 0.1 percent increase year on year. The investment covered almost 36 hundred overseas companies in 151 countries and regions.

The State Council Information Office on Tuesday also released data on the first-half year performance of Chinese central State-Owned Enterprises. The numbers showed that operating revenues rose 5.9 percent year on year to more than 14.5 trillion yuan. The central SOEs realized over 700 billion yuan of net profit. That was a 8.6 percent increase compared with the same period last year. Analysts say the increase was thanks to effective investment and supply-side reforms.

Growth and stability.

Key words describing the economic operation of Chinese central state-owned enterprises in the first half of the year.

The main figures, as quoted by China's state council representatives: operating revenue grew by 5.9 percent on a year-on-year basis.

The net profit in June hit a record high at over 23 billion U.S. dollars with a year-on-year increase of 8.4 percent.

Spokesman Peng Huagang explained the reasons.

PENG HUAGANG, SECRETARY GENERAL STATE-OWNED ASSETS SUPERVISION & ADMINISTRATION COMMISSION, STATE COUNCIL "We take supply-side reform as the core and promote high-quality development and actively respond to the intricate and complex domestic and international business environments."

He also stressed that reforms would be deepened, like in the mixed ownership economy, the restructuring of companies, and the procuration operation of central SOEs.

And he stressed that central SOEs' business performance is now under strict supervision for better outcomes.

PENG HUAGANG, SECRETARY GENERAL STATE-OWNED ASSETS SUPERVISION & ADMINISTRATION COMMISSION, STATE COUNCIL "We are motivating those with good progress to make more contributions, to make better profits. And we will strengthen dynamic supervision to those lagging behind and help them achieve goals set for the whole year."

Furthermore, Peng says that China welcomes collaboration between its central SOEs and multinational corporations.

ZHENG YIBING BEIJING "Based upon the current development, officials say China will take further steps to help central SOEs realize a steady and sustained progress in their economic operation, and contribute to a healthy development of the national economy. Zheng Yibing, CGTN, Beijing."