Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Cabinet lays out view of state assets for first time
Print Edition
The State Council, China’s Cabinet, for the first time reported on the condition of state-owned assets in full length to the top legislature yesterday.
The Standing Committee of the National People’s Congress reviewed exhaustive reports on the status, management and reform progress of SOAs.
According to the report, total SOAs in non-financial enterprises had reached 183.5 trillion yuan (US$26.4 trillion) by the end of 2017, while that in financial enterprises had hit 241 trillion yuan.
Finance Minister Liu Kun, on behalf of the State Council, delivered a special report on SOAs in financial enterprises, which offered statistics on different layers of the assets.
From 2013 to 2017, revenue of centrally-administered state-owned financial enterprises increased from 4.3 trillion yuan to 5.8 trillion yuan.
The net profit attributable to parent companies grew from 1.2 trillion yuan to 1.4 trillion yuan, according to Liu’s report.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
