China's central SOEs post record revenues, profits in 2021

China's centrally administered state-owned enterprises (SOEs) registered record highs in total revenue, profit, and net profit in 2021, said an official at a press conference Wednesday.

January 20, 2022

Regulator says central SOEs are in fine fettle

With better control over the debt-to-asset ratio, China's centrally administered State-owned enterprises will see both gross and net profit growth rates outpace the GDP growth rate this year, said Peng Huagang, secretary-general of the State-owned Assets Supervision and Administration Commission, the nation's top State asset regulator.

January 20, 2022

China's central SOEs report record revenues, profits in 2021

China's centrally-administered state-owned enterprises (SOEs) registered their best performance ever in 2021, with record-setting revenues and profits, despite lingering impacts from the COVID-19 pandemic, according to official data released Wednesday.

January 20, 2022