SOEs' profits jump
Source: Xinhua |
January 22, 2011, Saturday
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Print Edition
Print Edition
NET profits of China's centrally-administered state-owned enterprises rose 40.2 percent on an annual basis to 849 billion yuan (US$128.95 billion) last year, the State-owned Assets Supervision and Administration Commission said yesterday.
Revenue at the companies increased 32.1 percent year on year to 16.7 trillion yuan, the commission said in a statement.
China's 122 centrally-administered SOEs paid taxes of 1.41 trillion yuan in 2010, an increase of 27.7 percent year on year, according to the statement.
Revenue at the companies increased 32.1 percent year on year to 16.7 trillion yuan, the commission said in a statement.
China's 122 centrally-administered SOEs paid taxes of 1.41 trillion yuan in 2010, an increase of 27.7 percent year on year, according to the statement.
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