Combined net profits of China's central SOEs set new high in Q1

The combined net profits of China's centrally administered state-owned enterprises (SOEs) hit 415.29 billion yuan (US$63.62 billion) in the first quarter of 2021, setting a new record for the quarter, according to a press conference held Friday.

April 16, 2021

China's Q1 central SOEs investment posts rapid growth

China's centrally-administered state-owned enterprises (SOEs) invested 497.89 billion yuan (about 76.25 billion U.S. dollars) in fixed assets in the first three months. It is up 36.5 percent from a year ago, according to official data on Friday.

April 17, 2021