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China Daily | Updated: 2019-04-25 07:56

State enterprises show healthy momentum

Profits of Chinese mainland State-owned enterprises maintained stable growth in the first quarter of 2019, official data showed on Tuesday. The combined profits of the SOEs rose 15.6 percent year-on-year to 819.77 billion yuan ($122 billion) for the January-March period, the Ministry of Finance said on its website.

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