In the first two months of this year, the operating revenue of central soes increased by 17.6 percent year-on-year


The business revenue of state-owned enterprises increased by 17.6% year-on-year in the first two months of this year, People’s Daily Beijing, March 16 (Xinhua)From January to February this year, central government enterprises achieved 5.7 trillion yuan in operating revenue, 367.87 billion yuan in total profit, and 282.17 billion yuan in net profit, up 17.6 percent, 20.6 percent, and 20.4 percent, respectively, year-on-year. The quality of their operations continued to improve, laying a solid foundation for a “good start” to the first quarter.The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) pointed out that, going forward, we will continue to focus on improving the quality and efficiency of steady growth, actively implement the requirements of “two increases, one control and three increases”, and ensure that the annual targets and tasks are fulfilled.We will meet the three-year action targets and tasks for SOE reform with high quality, and carry out timely inspections and oversight to ensure a successful conclusion.We should accelerate the optimization of the distribution and restructuring of the state-owned economy, encourage the concentration of state capital in important industries and fields that are vital to national security, the lifeblood of the economy, the country’s economy and people’s livelihood, and provide strong support for ensuring the supply of grain and other important agricultural products and ensuring the supply and price of energy and important raw materials.We will make great efforts to strengthen oversight of state assets, fully leverage the advantages of professional, systematic, and law-based oversight, and constantly improve the effectiveness of oversight over state assets.We need to make industrial and supply chains more resilient and competitive, further focus on primary responsibilities and businesses, and develop the real economy. We need to pursue self-reliance and self-improvement through high-quality science and technology, and move faster to develop sources of original technologies and the length of modern industrial chains.(Reporter Liu Zhiqiang)

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