CultureCitizen
Silver Member
- Jun 1, 2013
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Now some links to set up the discussion :
"According to thelatest data released by the ministry of finance, state-ownedandstate-controlled enterprises have achieved gross revenue of more than 42.3 trillion yuan in 2012, a year-on-year increaseof 11 percent; the total profit reached 2.2 trillion yuan, a decline of 5.8 percent from last year."
Revenue of state-owned enterprise increase 11 percent in 2012 - People s Daily Online
43 trillion yuan are like 7.3 trillion USD !!
And that's onle SOEs . Somehow this is a hint that China is under reporting its GDP.
China Economy Economy Watch
"As of 2012, large state-owned enterprises produced over 50 percent of China’s goods and services and employed over half of the nation’s labour force. 65 of the Chinese SOEs also made it into 2012 Fortune Global 500 list, including State Grid Corporation of China, which operates the country's power grid, and oil companies China National Petroleum Corporation and Sinopec."
" the nation has gradually reduced its reliance on state-owned enterprises (SOEs) – though they still account for 46 percent of China’s industrial output, down from 77.6 percent 35 years ago"
"According to thelatest data released by the ministry of finance, state-ownedandstate-controlled enterprises have achieved gross revenue of more than 42.3 trillion yuan in 2012, a year-on-year increaseof 11 percent; the total profit reached 2.2 trillion yuan, a decline of 5.8 percent from last year."
Revenue of state-owned enterprise increase 11 percent in 2012 - People s Daily Online
43 trillion yuan are like 7.3 trillion USD !!
And that's onle SOEs . Somehow this is a hint that China is under reporting its GDP.
China Economy Economy Watch
"As of 2012, large state-owned enterprises produced over 50 percent of China’s goods and services and employed over half of the nation’s labour force. 65 of the Chinese SOEs also made it into 2012 Fortune Global 500 list, including State Grid Corporation of China, which operates the country's power grid, and oil companies China National Petroleum Corporation and Sinopec."
" the nation has gradually reduced its reliance on state-owned enterprises (SOEs) – though they still account for 46 percent of China’s industrial output, down from 77.6 percent 35 years ago"
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