China-Central SOE/Performance

Profits for China’s centrally administered state firms up 20.9 pct in Q1

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Shotlist


FILE: Heilongjiang Province, northeast China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of scenes in machinery factory
2. Employees on machinery production line
3. Mechanical part on production line
4. Various of employees on machinery production line

Beijing, China - April 16, 2018 (CCTV - No access Chinese mainland)
5. SOUNDBITE (Chinese) Peng Huagang, deputy secretary-general, State-owned Assets Supervision and Administration Commission (SASAC) (ending with shot 6):
"The total profits of the central SOEs increased 65.07 billion yuan to 377.06 billion yuan in the first quarter, up 20.9 percent year on year. The return on capital rose significantly."
6. Press briefing in progress

FILE: China - Exact Location and Date Unknown
7. Wind power generators in operation
8. Power generating facilities of State Grid Corporation of China
9. Power transmission facilities
10. Various of pipes and storage tanks of natural gas
11. Various of coal spoil tip, vehicles
12. Various of industrial robot, machinery on production line
13. Aerial shot of freight train, containers at terminal
14. Aerial shot of containers at port
15. Various of containers being handled at port
16. Various of buildings under construction
17. Various of offshore drilling platform

Storyline


Profits for China's centrally administered state-owned enterprises (SOEs) increased 20.9 percent year on year in the first quarter, the top SOE regulator said Monday.

The centrally administered SOEs have continued their structural adjustment and maintained a steady growth with a sound momentum since the beginning of this year.

The total revenue of the central SOEs increased by 8.7 percent year on year to 6.4 trillion yuan (about 1.02 trillion U.S. dollars) in the first quarter.

"The total profits of the central SOEs increased 65.07 billion yuan to 377.06 billion yuan in the first quarter, up 20.9 percent year on year. The return on capital rose significantly," said Peng Huagang, deputy secretary-general of the State-owned Assets Supervision and Administration Commission (SASAC).

Sectors like the power, coal, mechanics and trade enjoyed especially fast growth in revenue, while petroleum, petrochemical, construction and transportation sectors saw steady revenue growth.

The data also show a strong growth of the real economy. Industrial SOEs contributed 68.9 percent of the total central SOE profit growth.

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  • ID : 8078427
  • Published : 2018-04-16 12:21
  • Last Modified : 2018-04-16 19:06:20
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 2'02
  • Audio Language : Chinese/Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8078427
  • Published : 2018-04-16 19:03
  • Last Modified : 2018-04-16 19:06:21
  • Location : Beijing,Chine
  • Category : economy, business and finance
  • Duration : 2'02
  • Audio Language : Chinois/Nats/Muet partiel
  • Source : China Central Television (CCTV)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Version : 1
  • ID : 8078427
  • Published : 2018-04-16 18:45
  • Last Modified : 2018-04-16 19:06:20
  • Location : بكين,الصين
  • Category : economy, business and finance
  • Duration : 2'02
  • Audio Language : الصينية/ بعضها بلا صوت طبيعي
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8078427
  • Published : 2018-04-16 18:57
  • Last Modified : 2018-04-16 19:06:20
  • Location : Пекин,Китай
  • Category : economy, business and finance
  • Duration : 2'02
  • Audio Language : Китайский/Частично немое
  • Source : China Central Television (CCTV)
  • Restrictions : Недоступно материковой части Китая
  • Version : 1
  • ID : 8078427
  • Published : 2018-04-16 17:01
  • Last Modified : 2018-04-16 19:06:20
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 2'02
  • Audio Language : Chino/Nats/Parte Muda
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Version : 1
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