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China's central SOEs see profits rise 2.1% in 2020

China's centrally administered state-owned enterprises (SOEs) saw a profit growth in 2020 despite the impact of the COVID-19 outbreak. Their net profits hit 1.4 trillion yuan (US$215.77 billion), up 2.1% year on year, according to an SCIO briefing on Tuesday.

China SCIOUpdated: February 24, 2021
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