Off the wire
• Two local officials under graft investigation  • Indian markets close lower  • Across China: Corban Festival celebrated in NW China village  • China urges related parties in Syria to implement ceasefire agreement  • China, Japan to hold maritime talks  • Duterte wants U.S. special forces to leave S. Philippines  • Top news items of major Zambian media outlets  • Top news items of leading Kenyan media outlets  • Feature: Ethiopians celebrate traditional New Year  • 46 injured in blast in Turkey  
You are here: 　 Home

China SOE profit decline narrows

Xinhua, September 12, 2016 Adjust font size:

The profit decline posted by China's state-owned enterprises (SOEs) narrowed during the first seven months of the year, official data showed Monday.

Profits fell 6.5 percent year on year to 1.31 trillion yuan (around 195.8 billion U.S. dollars) during the January to July period, according to a statement by the Ministry of Finance.

The pace of decline was slower than the 8.5-percent fall registered in H1. Endi