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Latest data shows China's economic resilience

chinadaily.com.cn | Updated: 2024-01-30 06:40
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A view of a shipyard runs by Dalian Shipbuilding Industry Co Ltd, a subsidiary of State-owned China State Shipbuilding Corp Ltd, in Dalian, Liaoning province, in February. [PHOTO/CHINA DAILY]

Central SOEs record high-quality growth

In 2023, the central State-owned enterprises recorded an operating income of 39.8 trillion yuan, realizing steady growth with high quality.

They completed cumulative fixed asset investments of 5.09 trillion yuan, up 11.4 percent year-on-year.

Strategic emerging industries received a total investment totaling 2.18 trillion yuan, a year-on-year growth of 32.1 percent.

Currently, these enterprises are undertaking over 1,000 major projects, including those outlined in the national 14th Five-Year Plan.

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