This undated photo shows the world’s most powerful direct-drive floating wind turbine in Fuqing, Southeast China’s Fujian province. [Photo/Xinhua]
BEIJING — China’s State-owned and State-controlled enterprises displayed generally stable performance in the first nine months of 2025, official data showed on Wednesday.
Their total operating revenue came in at nearly 61.33 trillion yuan (about $8.66 trillion) during the January-September period, up 0.9 percent year-on-year, according to data from the Ministry of Finance.
Total profits of these companies reached nearly 3.17 trillion yuan during this period, edging down 1.6 percent year-on-year, while their taxes and fees payable rose slightly by 0.5 percent to roughly 4.41 trillion yuan.
The asset-liability ratio of these enterprises stood at 65.2 percent at the end of September — up 0.2 percentage points from a year earlier, the data revealed.
Tanks to chinadaily.com.cn
Please visit:
Our Sponsor