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| Tags: 150, average, billion, central, increase, profits, soe, yearly, yuan |
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08-11-2008, 06:10 AM
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Central SOE profits increase average of 150 billion yuan yearly
Since the State-owned Assets Supervision and Administration Commission (SASAC) was established five years ago, the sales revenue of central SOEs grew by 1.3 trillion yuan on average each year, and profits increased by 150 billion yuan on average each year. Taxes-paid grew by 100 billion yuan on average each year, and total assets averaged an increase of 1.5 trillion yuan each year. From 2002 to 2007, SOE sales revenue, profits, and taxes-paid have an average annual increase of 18.7%, 36%, and 20 ...
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