(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. |
Damian Lillard's 35Minnesota state senator arrested on suspicion of burglaryJaiswal strikes form as Rajasthan beats Mumbai to stay on top in IPLLawsuit alleges negligence in hiring of maintenance man accused of torturing residentWalz appointments give the Minnesota Supreme Court its first female majority in decadesCommanders release Shaka Toney after he was reinstated following a gambling suspensionSerie A title, second star and derby: Inter takes it all with win over MilanMinistry of Defence gives Ukrainian soldiers free cigarettesJunta forces Rohingyas to protest ethnic rebels in Myanmar’s Rakhine state — Radio Free AsiaDoes this video show a military convoy in Myanmar’s Rakhine state? — Radio Free Asia