China News Service, July 16, Peng Huagang, member of the Party Committee, Secretary-General and press spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council, said on the 16th that the central enterprise's cumulative operating income in the first half of the year was 13.4 trillion yuan, a year-on-year decrease of 7.8%, and the decline was narrower than the first quarter. 4 The percentage drop in income has narrowed for three consecutive months. Central enterprises achieved operating income of 2.9 trillion yuan in June, a year-on-year increase of 0.6%. Most enterprises have recovered or exceeded the same period.

  On the 16th, the State Council Office held a press conference on the economic operation of central enterprises in the first half of 2020. Peng Huagang introduced the relevant situation at the meeting. He pointed out that since this year, the SASAC and central enterprises have resolutely implemented the decision-making and deployment of the Party Central Committee and the State Council, actively responded to the new coronary pneumonia epidemic, and fully organized the production and supply of medical protective materials. The central government’s economic performance has improved significantly, and positive changes have increased significantly. In June, revenue and profits achieved positive growth simultaneously in June.

  According to Peng Huagang, in the first half of the year, central enterprises achieved a net profit of 438.55 billion yuan, a year-on-year decrease of 37.7%, a decrease of 21.1 percentage points from the first quarter and 12.6 percentage points from January to May. Central enterprises achieved a net profit of 166.48 billion yuan in June, an increase of 64.63 billion yuan from May, a year-on-year increase of 5%. For the first time this year, a positive monthly net profit has been achieved.

  At the same time, central enterprises have resolutely implemented the national policies for reducing electricity prices, gas prices, capital fees, road fees, and rents. In the first half of the year, they have reduced the total operating costs of the whole society by more than 120 billion yuan. Overcoming difficulties, made a positive contribution.

  Peng Huagang pointed out that in the second half of the year, the State-owned Assets Supervision and Administration Commission and central enterprises will earnestly implement the spirit of the "two sessions" and the government work report, closely follow the goal of building a well-off society in an all-round way, adhere to the overall tone of progress in stability, adhere to the new development concept, and resolutely fight Three major battles, a solid "Six Stabilization" work, a comprehensive implementation of the "Six Guarantees" task, further deepen the supply-side structural reforms, make every effort to stabilize operations, stabilize benefits and stabilize growth, and make positive contributions to the sustainable and healthy development of the national economy.