Chinese State-Owned Firms' Profits, Revenues Retreat in H1

MT Newswires Live

2025/07/30

Chinese state-owned enterprises saw profits and operating revenues slide 3.1% and 0.2%, respectively, in the first quarter, Xinhua News Agency reported Tuesday, citing the Finance Ministry.

Taxes and fees payable inched down 0.8% to about 3 trillion yuan, Xinhua said.

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