Headline : China's centrally-administered SOEs expect RMB750b in annual profits this year  

Summary :Dec. 14, Li Rongrong, director of the State Assets Supervision and Administration Commission (SASAC) of the State Council, says China's centrally-administered state-owned enterprises (SOEs) are expected to reap RMB750b in profits this year. In the first 11 months of the year, the 131 centrally-administered SOEs saw operation revenues grow to RMB11.1tr, a 3.4% year-on-year growth, and profits grow to RMB710.96b.  

Source :http://news.china.com/zh_cn/domestic/945/20091214/15736448.html
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