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Central SOEs increase payback to the State

By Bao Chang | China Daily | Updated: 2011-02-23 07:44

Central SOEs increase payback to the State

A China Mobile advertisement in Beijing. Companies controlled by the central government, including China Mobile, are expected to pay more dividends to the State. A Qing / For China Daily

BEIJING - Central State-owned enterprises (SOEs) will hand over 15 percent of their total profits to the State this year - 5 percent more than last year - in a bid to share the benefits provided by the rapid growth of the SOEs with the public.

Central SOEs increase payback to the State

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