Economic operation of national and state-owned holding enterprises in China from January to May 2026.

From January to May, the total operating income of national state-owned and state-controlled enterprises decreased by 0.7% year-on-year, while the total profit increased by 3.5% year-on-year. Specific data includes: the total operating income of state-owned enterprises was 3,282.216 billion yuan, the total profit was 1,725.8 billion yuan, and the taxes and fees paid were 2,627.45 billion yuan. At the end of May, the asset-liability ratio of state-owned enterprises was 65.5%, an increase of 0.5 percentage points year-on-year.