人民网
Wed,Apr 23,2014
English>>Business

Editor's Pick

Chinese centrally administered SOEs' profits edge up

(Xinhua)    20:44, April 23, 2014
Email|Print|Comments       twitter     facebook     Sina Microblog     reddit    

BEIJING, April 23 -- The profits of China's centrally administered SOEs grew by 3.4 percent in the first quarter of 2014 to reach 310.7 billion yuan (50.1 billion U.S. dollars), official data showed on Wednesday.

The growth was slightly slower that the 3.8-percent profit increase in the whole of 2013, according to figures released by the State-owned Assets Supervision and Administration Commission.

In the first quarter, these enterprises made 5.6 trillion yuan in business revenue, up 4.6 percent year on year. This growth was also slower than in 2013, when an 8.4-percent increase was attained in the whole year.

China has 113 centrally administered SOEs, which manage the bulk of the country's state assets.

(Editor:HuangJin、Yao Chun)

Related reading

We Recommend

Most Viewed

Day|Week|Month

Key Words

Links