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Published 2 years ago

Profits of Chinese SOEs surge 30.1% in 2021

Summary by Ground News
The combined profits of China's state-owned enterprises (SOEs) surged 30.1 percent year on year to nearly 4.52 trillion yuan (about 715 billion U.S. dollars) in 2021. The SOEs raked in 75.55 trillion yuan in their operating revenue last year, up 18.5 percent.

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