China's SOEs profits up 8.2 percent


(MENAFN) State-owned enterprises (SOEs) in China recorded profits of USD351.05 billion in the year's first 11 months, which 8.2 percent more than the same period a year ago. The growth pace, however, slowed down from a 10.1 percent increase in the first 10 month. The Ministry of Finance said that total business revenues at SOEs went up 11 percent year on year to USD6.8 trillion.


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