FILE PHOTO: A Chinese national flag flutters at the headquarters of a commercial bank on a financial street in central Beijing, China November 24, 2014. REUTERS/Kim Kyung-Hoon/File Photo
January 15, 2018
BEIJING (Reuters) – Total profit of enterprises owned by China’s central government rose by more than 15 percent in 2017, marking the fastest growth in five years, the country’s state-owned radio reported on Monday.
China National Radio cited data from China’s State-owned Assets Supervision and Administration Commission but did not state the total profit figure.
Operating revenue for the enterprises also rose by more than 13 percent to 26.4 trillion yuan ($4.11 trillion), the broadcaster said.
(Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong)
