Ministry of Finance: From January to July, the total profit of state-owned enterprises increased by 0.6% year-on-year.

Economic Operation of State-Owned and State-Controlled Enterprises in the Country from January to July 2026 From January to July, the total operating income of state-owned and state-controlled enterprises (hereinafter referred to as state-owned enterprises) decreased by 2.4% year-on-year, while total profits increased by 0.6%. I. Total Operating Income. From January to July, the total operating income of state-owned enterprises was 46,446.64 billion yuan, a year-on-year decrease of 2.4%. II. Total Profits. From January to July, the total profits of state-owned enterprises were 2,508.99 billion yuan, a year-on-year increase of 0.6%. III. Taxes Payable. From January to July, the taxes payable by state-owned enterprises amounted to 3,661.56 billion yuan, a year-on-year increase of 5.0%. IV. Debt-to-Asset Ratio. By the end of July, the debt-to-asset ratio of state-owned enterprises was 65.6%, an increase of 0.4 percentage points year-on-year. The state-owned and state-controlled enterprises referred to in this report include central enterprises and enterprises belonging to central departments and units under the responsibilities of the Ministry of Finance and the State-owned Assets Supervision and Administration Commission, as well as local state-owned and state-controlled enterprises from 36 provinces (autonomous regions, municipalities directly under the Central Government, and planned separately listed cities), and the state-owned and state-controlled enterprises under the Xinjiang Production and Construction Corps, excluding state-owned first-level financial enterprises and their affiliated enterprises. Industries involved include agriculture, forestry, animal husbandry, and fishery, industry, construction, transportation and storage, postal and telecommunications, wholesale and retail, real estate, information technology services, and other industries. Due to the impact of objective factors such as changes in the number of enterprises and changes in equity, the enterprises included in the aggregate scope of national state-owned and state-controlled enterprises vary during different periods. The year-on-year growth relevant data in this report is calculated by comparing the current year's data of enterprises within this period's aggregate scope with the same caliber data from the same period last year. This article is extracted from the official website of the Ministry of Finance, GMTEight edited by Liu Jiayin.