Total profits of China's SOEs hit $650 billion in 2023
Release time：2024-05-21 12:57:06 Source：Global Glimmer news portal
(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：Children are evacuated from school 'during an exam' after threat made via email
- Next：Socialite Jasmine Hartin enjoys beach snuggle with electrician hunk
Related articles
- Shooting injures 2 at Missouri high school graduation ceremony
- Winston Peters to meet Anthony Blinken and Trump official in Washington
- Tech industry plans for lower
- Colorado reporter's expulsion from Republican gathering causes uproar
- Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
- More productive land being used for urban development, study finds
- Israeli military reduces troops in southern Gaza, spokesperson says
- HK indie music collective Un.Tomorrow seeks community, history
- Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
- Watch live: Millions across North America await total solar eclipse
- Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
- China economy update: Evergrande shares plunge 70 per cent
- How electorate candidates funded their campaigns
- Chinese state media demands British Museum return 23,000 cultural relics
- The Latest
- Chubby Hearts Hong Kong: Gov't gave HK$7.8 million for installation
- Officials advise softer is better when it comes to boot camps
- Biden hosts Kishida in official visit as US, Japan bolster defense ties
- Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
- Students petition Parliament to keep free school lunches funding
Random recommendation
'Kingdom of the Planet of the Apes' reigns at the box office with $56.5 million openingHelena Bonham Carter channels her inner rock star as she arrives on the red carpet in blackIndonesia's Mount Ibu erupts, spewing thick ash and dark clouds into the skyUkraine's first lady and foreign minister visit RussiaBlach's solid outing, Tovar's homer lift Rockies past Rangers 3Szegedi hat trick sparks UCLA women to 7Rwanda denies involvement in grenade attack blamed on Burundi rebelsSam Cane set to retire from the New Zealand All Blacks after the 2024 international seasonAustralia: Plane lands without landing gear after burning off fuelAll of the hidden pro
- Copyright © 2024 Powered by Total profits of China's SOEs hit $650 billion in 2023 ,Global Glimmer news portal sitemap