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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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