According to the latest statistics released by the State-Owned Assets Supervision and Administration Commission of the State Council on Decmber 15, in the first 11 months of this year, SOEs have achieved a total of 10.76 trillion yuan in revenue, increasing by 20.2% year-on- year.
It also shows that China's centrally administered state-owned enterprises (SOEs) are operating steadily in general, despite the constantly spreading international financial crisis. Of all the SOEs, 119 enterprises have realized year-on-year revenue increases, accounting for 83.2% of the total enterprises.
Reporters learned that as a result of the influence of policy-related losses and the international financial crisis, SOEs have seen a relatively serious reduction in their overall benefits.
From January to November, the combined profits of SOEs stood at 683.04 billion yuan, 239.27 billion yuan less year-on-year, which is a decrease of 26%. However, excluding petrol and power enterprises which are greatly impacted by policies, other SOEs' profits only dropped 3%.
Seventy-five enterprises, 52.4% of the total SOEs, have achieved accumulative year-on-year profit growth. The tax payments by SOEs still maintain a momentum of increase. In the first 11 months, SOEs have paid 922.14 billion yuan in taxes, an increase of 20.6% year-on-year.
By People's Daily Online
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