App | 中文 |
HOME >> NEWS >> PHOTOS

China’s central SOEs report strong profit growth in first two months

Updated: Mar 9,2019 6:42 PM     Xinhua

Xiao Yaqing (C), head of the State-owned Assets Supervision and Administration Commission of the State Council, deputy head of the commission Weng Jieming (R), and secretary-general and spokesperson of the commission Peng Huagang attend a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

BEIJING — China’s centrally-administered State-owned enterprises (SOEs) saw strong revenue and profit growth in the first two months of 2019, the head of China’s top SOE watchdog said on March 9.

Their operation revenues grew by 3.9 percent year-on-year, while profits surged by 15.3 percent, Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council, told a news conference on the sidelines of the annual legislative session.

Xiao Yaqing (C), head of the State-owned Assets Supervision and Administration Commission of the State Council, deputy head of the commission Weng Jieming (R), and secretary-general and spokesperson of the commission Peng Huagang, attend a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council, attends a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Xiao Yaqing (C), head of the State-owned Assets Supervision and Administration Commission of the State Council, deputy head of the commission Weng Jieming (2nd R) and secretary-general and spokesperson of the commission Peng Huagang (2nd L) attend a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council, deputy head of the commission Weng Jieming, and secretary-general and spokesperson of the commission Peng Huagang, attend a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

A journalist asks questions during a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Weng Jieming, deputy head of the State-owned Assets Supervision and Administration Commission of the State Council, attends a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Xiao Yaqing (C), head of the State-owned Assets Supervision and Administration Commission of the State Council, answers questions during a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Peng Huagang, secretary-general and spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council, answers questions during a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Combo photo shows Xiao Yaqing (C), head of the State-owned Assets Supervision and Administration Commission of the State Council, deputy head of the commission Weng Jieming (R), and secretary-general and spokesperson of the commission Peng Huagang, attending a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council, answers questions during a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Weng Jieming, deputy head of the State-owned Assets Supervision and Administration Commission of the State Council, answers questions during a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Peng Huagang, secretary-general and spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council, answers questions during a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council, answers questions during a news conference on the reform and development of State-owned enterprises for the second session of the 13th National People’s Congress (NPC) in Beijing, capital of China, March 9, 2019. [Photo/Xinhua]

VIDEOS