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  • China's central SOEs' investment in strategic emerging industries tops 1 trln yuan in first 7 months

    Investment towards China's strategic emerging industries by centrally-administered state-owned enterprises (SOEs) has surpassed 1 trillion yuan (about 140.87 billion U.S. dollars) in the first seven months of the year, official data showed Thursday.

    September06,2024


  • Net profits of China's central SOEs hit 1.75 trln yuan in Jan-Nov

    China's centrally-administered state-owned enterprises (SOEs) saw robust growth in net profits in the first 11 months of the year, said the country's top state assets regulator on Saturday.

    December20,2021


  • China establishes new state-owned logistics group

    China formally established a new state-owned logistics group on Monday, People.cn reported.

    December07,2021


  • Net profits of China's central SOEs hit 1.2 trln yuan in Jan.-July

    Net profits of China's centrally-administered state-owned enterprises (SOEs) saw robust growth amid steady economic recovery and reforms to make their operations more efficient, data from the country's top state assets regulator showed.

    August20,2021


  • China's central SOEs urged to increase profitability, deepen reform

    China's top state-asset regulator has urged the country's centrally-administered state-owned enterprises (SOEs) to increase profitability and deepen reform.

    July20,2020


  • China's SOEs help ease company burden by cutting fees of 120 bln yuan in H1

    China's centrally-administered state-owned enterprises (SOEs) have cut prices and fees in the first half of the year, thus helping ease operational cost for the virus-hit economy by over 120 billion yuan (about 17.14 billion U.S. dollars), according to the country's state-asset regulator.

    July20,2020


  • State-owned enterprises in Tianjin 2020 to invest RMB76.9 bln to boost economic dev.

    A total of 2,138 investment projects are planned in the year by state-owned enterprises in north China's Tianjin Municipality, involving an investment of 76.902 billion yuan, reported Tianjin Daily Wednesday.

    July01,2020


  • Central SOEs to invest heavily in virus-hit Hubei

    Thirty-four Chinese centrally-administered state-owned enterprises (SOEs) inked 72 investment deals with the virus-hit Hubei Province earlier this week, according to the state-owned Assets Supervision and Administration Commission (SASAC) of the State Council.

    June08,2020


  • China moves to optimize state assets supervision

    China's top state assets regulator said Wednesday that the country will strengthen state assets supervision with priority on capital management.

    November28,2019


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