www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

China SOEs profits fell 13.8% in Q1

(Xinhua) Updated: 2016-04-27 07:53

BEIJING - Many of China's State-owned enterprises (SOEs) reported drops in profits in Q1, as building materials, electronics and tobacco reported large profit declines, Ministry of Finance data showed on Tuesday.

The combined profits of China's SOEs fell 13.8 percent year on year to 432 billion yuan ($67 billion) in the first three months, although the decline narrowed from a 14.2-percent drop in the January-February period.

Total business revenue for state firms decreased 3 percent from a year ago to 9.95 trillion yuan, while operating costs went down 3 percent to 9.7 trillion yuan.

SOEs in the areas of petrochemicals and medicine saw profits grow, while oil, coal, steel, non-ferrous metals continued to suffer losses.

By the end of March, total assets of SOEs stood at 122 trillion yuan, while liabilities grew 18.1 percent year on year to 81.2 trillion yuan.

The figures, which exclude financial firms, were collected from SOEs in 36 provincial-level regions and those administered by the central government.

China has about 150,000 SOEs, many of which are uncompetitive with declining profits.

The government is determined to continue SOE reform this year, an important part of supply-side structural reform, according to Zhang Shuyu with the University of International Business and Economics.

Pilot programs this year are planned in payment distribution, investment of state capital and mergers and acquisitions.

The reform is not going as quickly as expected because the desire of SOEs to reform themselves is weak, as some of them control the country's most profitable sectors, such as railways, telecommunications and natural resources, Zhang said.

To press ahead with reform, the central government said in March it will encourage private enterprises to participate and allow private capital to invest in key sectors including power, oil, natural gas, railways, aviation and telecoms.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成年午夜性爽快免费视频不卡 | 米奇888在线播放欧美 | 国产欧美自拍视频 | 自拍视频第一页 | 成年人免费在线视频网站 | 久久九九精品一区二区 | 成人午夜影视全部免费看 | 日韩一级高清 | 好妞操| 一个人看的日本www的免费视频 | 国产亚洲精品午夜高清影院 | 91高清免费国产自产 | 亚洲综合日韩精品欧美综合区 | 91精品国产手机在线版 | 在线免费观看成年人视频 | a视频免费 | 欧美精品国产一区二区三区 | 久久成人a毛片免费观看网站 | 男女男精品视频在线播放 | 我要看三级毛片 | 成人免费在线观看视频 | 国产一区二区中文字幕 | 毛片在线视频在线播放 | 亚洲精品成人一区二区aⅴ 亚洲精品成人一区二区www | 中日韩欧美一级毛片 | 日本一区二区高清免费不卡 | 欧美日韩一区二区三区免费 | 黄色影视频| 一区二区三区国产精品 | 国产一级一片免费播放i | 久久久久久久国产a∨ | 久久国产成人福利播放 | www.亚洲免费| 日韩一区二区在线免费观看 | 亚洲精品国产福利片 | 中日韩一级片 | 欧美一级特黄视频 | 99精品福利视频在线一区 | 91精品成人 | 日韩久久影院 | 三级大片网站 |