(ECNS) -- Total revenue of China's state-owned enterprises hit 39.8 trillion yuan (about $5.5 trillion) in 2023, with a total profit of 2.6 trillion yuan, indicating steady and high-quality growth, according to a report from the State-owned Assets Supervision and Administration Commission of the State Council on Wednesday.
Cumulative fixed asset investment, including real estate, reached 5.09 trillion yuan, with a year-on-year growth of 11.4 percent.
Investment in strategic emerging industries reached 2.18 trillion yuan, with a year-on-year growth of 32.1 percent.
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
Sean 'Diddy' Combs: What we know about the accusations against him
ACC admits it failed amputee over unpaid entitlements
Climate strike expected to attract thousands
Pregnancy app used by the NHS accused of 'imposing gender ideology'
Chinese new energy industry contributes to global green, low
Ukraine could face defeat in 2024. Here's how that might look
Christopher Luxon defends more funding for Ruapehu ski fields
Elon Musk gets approval from FDA to implant his Neuralink brain chip into a second patient
Invasive fish species likely illegally released in Kāpiti lakes
'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
Government warns against travel to Gaza, Israel border regions