China's State-owned Assets Management Commission
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"In the first three quarters of the year, the central enterprises have made steady progress in their economic operation, steadily improved their production and operation, sustained and rapid economic growth, laying a good foundation for the realization of the year-round goals and tasks." SASAC said.
The data also show that in the first three quarters of the year, the cumulative operating income of the central enterprises reached 21.1 trillion yuan, an increase of 11% over the same period of the year. The growth rate was 0.9 percentage points faster than that in the first half of the year. The growth rate has exceeded 10% for four consecutive months.
In the first three quarters, the central enterprises completed 1.5 trillion yuan of investment in fixed assets, an increase of 2.7% over the same period of last year. The growth rate was 1.1 percentage point faster than that of January-August, and the growth trend was accelerated in the last two months.
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