China’s central SOEs see steady, rapid revenue growth

China’s central SOEs see steady, rapid revenue growth

China’s central state firms continued to see steady growth in the first nine months of the year, official data showed. Aggregate revenues of the country’s centrally-administered state-owned enterprises (SOEs) increased 11 percent year-on-year to 21.1 trillion yuan ($3.05 trillion) in the January-September period, according to the State-owned Assets Supervision and Administration Commission (SASAC). The revenue […]

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