It was known by the reporter on August 18 from the Ministry of Finance (MOF) that from January to July this year, the business revenues of the national state-owned enterprises and state-holding enterprises amounted to RMB16.86977t, up 38.8% year-on-year while down 7.8% from a month earlier. Main economic benefit indicators of state-owned enterprises continuously fell within the range of growth year-on-year while the gauges for total business revenues, realized profits and tax payable declined by degrees from a month earlier.

Based on the data issued by the MOF, from January to July, the state-owned enterprises accumulatively realized profits of RMB1.09677t, up 50.1% year-on-year while down 11.5% from a month earlier.