Ministry of Finance: From January to March 2026, the total operating income of national state-owned and state-controlled enterprises decreased by 0.4% year-on-year, and the total profit decreased by 5.1% year-on-year.

On April 30th, the Ministry of Finance released the economic performance of national state-owned and state-holding enterprises for the first three months of 2026. From January to March, the total operating income of national state-owned and state-holding enterprises (hereinafter referred to as state-owned enterprises) decreased by 0.4% compared to the same period last year, and the total profit decreased by 5.1%. From January to March, the total operating income of state-owned enterprises was 1,988.12 billion yuan, down 0.4% year-on-year. From January to March, the total profit of state-owned enterprises was 1,049.37 billion yuan, down 5.1% year-on-year. From January to March, the tax and fee payment of state-owned enterprises was 1,627.54 billion yuan, up 0.6% year-on-year. At the end of March, the asset-liability ratio of state-owned enterprises was 65.5%, up 0.5 percentage points year-on-year. This article was selected from the official website of the Ministry of Finance, GMTEight Editor: Chen Wenfang.