13.7 percent increase in profits of central enterprises in China in the first quarter
China’s central state-owned enterprises registered strong revenue and profit growth in the first three months of 2022, according to the State Council’s State-Owned Assets Supervision and Administration Commission. The net profit of central state-owned enterprises grew 13.7 percent year on year to 472.3 billion yuan (about 73.9 billion US dollars) in the first quarter, the … Read more