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China unveils inaugural list of most innovative central SOEs
China's top state assets regulator released the inaugural list of centrally-administered state-owned enterprises (SOEs) leading in science and technology innovation on Wednesday.
July25,2024
China sets up special fund worth 30 bln yuan to revitalize SOEs' land assets
China held a founding ceremony on Friday marking the official establishment of a special fund to revitalize the land assets of state-owned enterprises (SOEs).
July05,2024
Chinese SOEs see steady revenue, profit growth in first 10 months
The revenue and profits of China's state-owned enterprises (SOEs) and state holding enterprises registered steady expansion in the first 10 months of this year, official data showed.
December01,2023
China to boost modernization of SOEs: state-asset regulator
China will strive to transform its state-owned enterprises (SOEs) into modern entities that meet the requirements of Chinese modernization, said an official with the country's top state-asset regulator on Tuesday.
March22,2023
China's central SOEs' revenue to hit 39.4 trln yuan in 2022
China's centrally-administered state-owned enterprises (SOEs) are likely to see a steady expansion in revenue and profit in 2022, said the country's top state assets regulator on Thursday.
January06,2023
China's central SOEs make progress in advancing reform: report
China's centrally administered state-owned enterprises (SOEs) have seen notable progress in advancing reforms and addressing challenges over the past decade, according to a latest report.
November08,2022
China Focus: Chinese SOE strives for win-win investment partnerships with Africa
In the ground control room of a copper mine in Zambia's Copperbelt Province, technicians from Zambia and China are busy remotely maneuvering the unmanned underground mining machinery.
September06,2022
Profits of Chinese SOEs down in first five months amid pandemic
China's state-owned enterprises (SOEs) reported increased revenue but decreased profits in the first five months of this year, due to a high comparison base last year and the impacts of the pandemic, official data showed Tuesday.
June29,2022
Over 90 pct of China's SOE reform three-year action plan completed
China has completed over 90 percent of the major tasks of a three-year action plan to reform local state-owned enterprises (SOEs), according to a meeting Saturday.
May07,2022
China's central SOEs record growth in R&D spending
China's centrally administered state-owned enterprises (SOEs) spent more on research and development to boost innovation-driven development in the first three months of 2022, the country's top state-owned assets regulator said on Tuesday.
April20,2022
Chinese SOEs report rising profits in first two months
Profits and revenues of China's state-owned enterprises (SOEs) soared significantly in the first two months of this year, the Xinhua-run Shanghai Securities News reported on Monday.
March29,2021
China's central SOEs report revenue, profit growth in Q3
China's centrally administered state-owned enterprises (SOEs) saw both profit and revenue growth in the third quarter (Q3), the country's state-asset regulator said Tuesday.
October21,2020
Profits, revenues of Chinese SOEs continue to rise in August
Profits and revenues of China's state-owned enterprises (SOEs) and state-controlled firms continued to post year-on-year growth in August, the Ministry of Finance said Wednesday.
September23,2020
China rolls out new measures to boost reform and development of SOEs and private businesses
China will take solid steps in implementing the three-year action plan for SOE reform, and make more efforts to create a level playing field for private firms, the State Council's executive meeting chaired by Premier Li Keqiang decided on Thursday.
September18,2020
Main economic indicators of SOEs rebounds in March
China's state-owned enterprises (SOEs) reported a significant pickup in major performance indicators in March, with economic operation showing a rehabilitative growth, though their major performance indicators declined year on year in the first quarter, showed statistics from Ministry of Finance.
April23,2020
China's central SOEs spend 22.58 bln yuan in poverty alleviation
China's Central SOEs Industrial Investment Fund for Poor Areas had invested in 91 projects in poverty-stricken areas by the end of March, with total investment of 22.58 billion yuan (about 3.2 billion U.S. dollars), official data showed Tuesday.
April15,2020
China's central SOEs to unveil recruitment plans targeting migrant workers
China urged its centrally-administered state-owned enterprises (SOEs) to formulate special recruitment plans targeting migrant workers in poor counties via both online and offline channels, according to a recent circular released by the country's state asset regulator.
March26,2020
China's central SOEs lead production resumption with major projects orderly progressing
To promote work and production resumption amid epidemic, China’s policymakers have rolled out a slew of measures including reducing taxes, increasing fiscal spending, injecting liquidity into the financial system, and lowering electricity, natural gas and water costs for companies.
February27,2020
China's central SOEs register rapid profit growth in 2019
Net profits of China's centrally-administered state-owned enterprises (SOEs) rose 10.8 percent year on year to 1.3 trillion yuan (about 188.8 billion U.S. dollars) in 2019, official data showed Wednesday.
January16,2020
Debt-asset ratio at China's central SOEs down in 2019
The debt-to-asset ratio at China's centrally-administered state-owned enterprises (SOEs) headed downward for the third consecutive year in 2019, official data showed Wednesday.
January16,2020
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