Total profits of China's SOEs hit $650 billion in 2023
Time:2024-05-21 14:05:25 Source:opinionsViews(143)
(ECNS) -- The profits of China's state-owned enterprises (SOEs) recorded stable growth in 2023, according to China's Ministry of Finance on Monday.
Total profits of China's SOEs increased 7.4 percent year on year to 4.6 trillion yuan ($650 billion) last year.
During this period , the operation revenue of China's SOEs hit 8.6 trillion Yuan, marking an increase of 3.6 percent year on year.
China's SOEs paid 5.9 trillion yuan infees and taxes in 2023, down 0.5 percent year on year.
The average debt-to-asset ratio stood at 64.6 percent at the end of last year, up 0.3 percent year on year.
Previous:The government wants to buy their flood
Next:College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
You may also like
- The Latest
- Government departments defend staffing increase in late 2023
- Man who went missing while fishing on boat off Hawke's Bay coast named
- Department of Conservation 'spread too thin', Penny Nelson tells select committee
- Russian theater director and playwright go on trial over a play authorities say justifies terrorism
- US says China helping Moscow in biggest defence expansion since Soviet era
- Taiwan earthquake injuries top 1000, missing hotel workers found
- Wellington City Council seeks feedback on its 10
- Shohei Ohtani's first walk