China's central SOEs report record revenues, profits in 2021

24.01.2022

China's centrally-administered State-owned enterprises (SOEs) registered their best performance ever in 2021, with record-setting revenues and profits, despite lingering impacts from the COVID-19 pandemic, according to official data released Wednesday.

Net profits of central SOEs went up 29.8 percent from a year ago to hit 1.8 trillion yuan ($282.81 billion) last...