男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Net profit of central SOEs grows 6.1% in H1

govt.chinadaily.com.cn | Updated: 2022-07-21 14:04
Share
Share - WeChat
A containership owned by COSCO, a central SOE, is berthed at a port in Qinzhou, Guangxi Zhuang autonomous region, in March. [Photo/XINHUA]

The net profits of Chinese central State-owned enterprises (SOEs) hit 1.08 trillion yuan ($160.9 billion) during the first half of this year, up 6.1 percent year-on-year, according to the State-owned Assets and Administration Commission of the State Council (SASAC).

In the first half of this year, central SOEs raked in 19.2 trillion yuan in operating revenue and 1.4 trillion yuan in combined profits, increasing 12 percent and 7.1 percent year-on-year respectively.

The stellar growth turned out to be a hard-earned victory given that the recent COVID outbreaks had disrupted China's economic revival this year. After a strong start in early 2022, China's economy growth slowed to 0.4 percent in the second quarter, falling short of market expectations.

The fact that China's central SOEs have withstood the pressures from COVID disruption is a testament to the effectiveness of their continuous efforts of reform and restructuring.

As of this May, about 94.7 percent of the measures outlined in China's Three-Year Action Plan (2020-22) for central SOEs had been put into place. As many as 99.9 percent of 12,700 subsidiaries of central SOEs had already chose their boards of directors. Those with a majority of outside directors account for 99.3 percent of the total.

Central SOEs have also made notable progress in their strategic restructuring and professional integration. For instance, big strides were made by the China Oil & Gas Pipeline Network Corporation, Ansteel Group and China Poly Group Corp in the reorganization of their main business operations.

Performance-based appraisal system has been adopted everywhere without exception. A system of equity incentives was implemented in 182 listed enterprises held by central SOEs, while equity and dividend incentives were adopted by 497 sci-tech firms controlled by central SOEs.

Thanks to mixed-ownership reform, central SOEs attracted a total of 190 billion yuan capital investment in the first half of this year.

In the second half of this year, SASAC says it will make greater efforts to reach its development targets for the overall year, enhance quality and efficiency in the development of centrally-administered SOEs, to ensure China's economic growth falls within a reasonable range.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 石门县| 惠州市| 咸宁市| 东阳市| 镇远县| 嫩江县| 永福县| 天峻县| 肇东市| 射阳县| 顺义区| 武汉市| 耒阳市| 武冈市| 新泰市| 花莲市| 西青区| 大兴区| 营山县| 中江县| 梧州市| 砀山县| 安泽县| 怀柔区| 广宁县| 鹿邑县| 鄂托克旗| 张家口市| 巩留县| 稻城县| 黎川县| 香河县| 武定县| 登封市| 南宫市| 申扎县| 泗阳县| 伊宁县| 东台市| 边坝县| 三河市|