Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Sept. 29 (Xinhua) — The business performance of China's state-owned enterprises and state-owned holding companies improved in the first eight months of 2025, official data showed Monday.
The combined operating revenue of these enterprises rose 0.2 percent year-on-year to 53.96 trillion yuan (about $7.59 trillion) during the period, an improvement from the January-July 2025 period, according to China's Ministry of Finance.
The combined profits of these companies fell 2.7 percent year-on-year to 2.79 trillion yuan in the January-August period, slowing from the 3.3 percent decline recorded in the first seven months of this year.
Taxes and fees payable by businesses fell slightly by 0.3 percent to 3.9 trillion yuan in the reporting period, compared with a 0.4 percent drop in January-July, ministry data showed. -0-
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