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China central govt-owned enterprises' 2017 profit 15.2pc

Published January 15, 2018 Updated January 15, 2018 12:27pm

Xinhua said operating revenue for the enterprises also rose 13.3 percent last year to 26.4 trillion yuan,

State-owned China National Radio reported similar figures separately on Monday and said the enterprises' profit growth rate was the fastest in five years.

Xinhua also said the central government-owned enterprises will target coal capacity cuts of 12.65 million tonnes in 2018.

 

 

Copyright Reuters, 2018