Chinese SOEs report generally stable performance in Jan.-Nov.

BEIJING, Dec. 29 (Xinhua) -- China's state-owned and state-controlled enterprises (SOEs) demonstrated generally stable performance in the first 11 months of 2025, with revenues registering slight growth while profits experienced a modest year-on-year decline, according to official data released on Monday.

These enterprises collectively generated operating revenues totaling 75.63 trillion yuan (about 10.8 trillion U.S. dollars) during the January-November period, reflecting a 1 percent year-on-year increase, according to data from the Ministry of Finance.

Total profits for the same period amounted to nearly 3.72 trillion yuan, marking a 3.1 percent year-on-year decrease.

Meanwhile, taxes and fees payable by SOEs edged up 0.2 percent year on year to nearly 5.28 trillion yuan.