Profits at China's state-owned firms rose 25.3 percent on year in the first two months this year. That's the word from the Ministry of Finance. Total profits stood at 367.29 billion yuan, while revenues rose 11.2 percent to 8.3 trillion yuan. Oil, steel, electric power and the coal industry were outpacing other sectors to lead the growth. And state firms' liabilities increased 9.3 percent from a year earlier to almost 107 trillion yuan at the end of February.