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China Daily | Updated: 2011-03-18 07:57
Profit rises for nation's SOEs
Net profit at Chinese State-owned enterprises in the first two months this year rose 29.4 percent from a year earlier to 331.7 billion yuan ($50.4 billion), the Ministry of Finance said on Thursday.
Combined revenue for January and February rose 26.4 percent from a year ago to 5.14 trillion yuan, according to the statement.
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