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  • 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


  • China expected to unveil action plan on SOE reform early next year

    A three-year action plan on the reform of state-owned enterprises (SOEs) is expected to be rolled out in the first quarter of 2020 to optimize the use of state-owned assets and spur innovation, Economic Information Daily reported Thursday.

    December20,2019


  • China further alleviates burdens on private companies: official

    Government departments and large state-owned enterprises have paid over 580 billion yuan (about 82.89 billion U.S. dollars) of debts to private enterprises in the first 11 months of 2019, according to the Ministry of Industry and Information Technology.

    December18,2019


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