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China Daily | Updated: 2010-01-20 08:08
SOE profits up 9.8%
Profits at State-owned enterprises (SOEs) rose 9.8 percent in 2009, compared with a 25.2 year-on-year decrease in the previous year, the Ministry of Finance said yesterday. Profits totaled 1.34 trillion yuan, driven largely by the petrochemical, automobile, property and building materials industries.
China-Africa fund
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