According to data from the State-owned Assets Supervision and Administration Commission, in 2020, central enterprises will achieve a cumulative operating income of 30.3 trillion yuan and a cumulative net profit of 1.4 trillion yuan, a year-on-year increase of 2.1%. Nearly 80% of central enterprises’ net profit has been increasing year-on-year.
In December, the central enterprises achieved net profit of 176 billion yuan, the best level in the same period in history. Since the second half of the year, monthly net profit has maintained double-digit growth for six consecutive months.
In 2020, central enterprises will complete 2.8 trillion yuan in fixed asset investment (excluding real estate), a year-on-year increase of 1.9%.
In addition, central SOEs have taken the initiative to reduce costs and burdens for small, medium and micro enterprises, accumulatively reducing or exempting rents by more than 7.5 billion yuan and reducing tolls by more than 5 billion yuan.
(CCTV reporter Chen Sicong Jiang Haoyu Qiu Xinlu)