Chinese SOEs maintain steady profit growth in H1

BEIJING, July 23 (Xinhua) -- Profits of Chinese state-owned enterprises (SOEs) grew steadily in the first half of 2019, official data showed Tuesday.

The combined profits of China's SOEs rose 7.2 percent year on year to 1.82 trillion yuan (about 264.5 billion U.S. dollars) for the first six months, the Ministry of Finance (MOF) said in an online statement.