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China Daily | Updated: 2011-09-27 07:45

SOE profits grow in first three quarters

China's central-government-administered State-owned enterprises (SOE) reported a 13.1-percent year-on-year increase in net profits in the first eight months of 2011.

But, growth for the period was 2.6 percentage points lower than for the first seven months, indicating an August slowdown, according to he State-owned Assets Supervision and Administration Commission's (SASAC) website on Tuesday.

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