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Hunan SOEs Remarkable Achievements in Past Five Years 湖南国企交出亮丽“成绩单”

Since the 18th National Congress of the Communist Party of China in 2012, the Hunan provincial state-owned assets system has implemented a series of policies on SOEs reform and development, according to the decisions and plans made by the CPC Hunan Provincial Committee and the People’s Government of Hunan Province. It has deepened reform, promoted transformation and upgrading, and assisted the SOEs in raising quality and efficiency. The state-owned assets of the province have grown steadily, the structure of state-owned economy continuously optimized, and the vitality, competitiveness, and influence of state-owned enterprises constantly strengthened.

In the past five years, Hunan provincial SOEs have achieved remarkable results, with a number of competitive enterprises meeting modern enterprise system requirements. As of the end of 2016, the total assets of provincially supervised SOEs reached 580.289 billion yuan, an increase of 82.35% compared with that at the end of 2011. The SOEs under provincial supervision realized an operating income of more than one trillion yuan, up 32.23% over the previous five-year period. The accumulated taxes paid amounted to 52.883 billion yuan, with a growth rate of 5.74%. The economic performance continued to move in a positive direction: a total profit of 7.487 billion yuan was made between January and August this year, and more than 8.716 billion yuan gained in reversing losses to turn a profit year on year, growing by 709.2%.

Please refer to www.enghunan.gov.cn when using the article.

Translator: Yu Jiangjiang

Chinese source: hunan.gov.cn

党的十八大以来,湖南省国资系统认真贯彻落实中央关于国有企业改革发展的一系列方针政策,按照省委、省政府的决策部署,全面深化改革,促进转型升级,国企提质增效,全省国有资产规模实力不断壮大,国有经济布局结构不断优化,国有企业的活力、竞争力、影响力不断增强。

这五年,湖南省属企业交上了一份亮丽“成绩单”,一批符合现代企业制度要求、竞争力强的国企脱颖而出。截至2016年底,省属监管企业资产总额达到5802.89亿元,较2011年底增长了82.35%;五年来省属监管企业累计实现营业收入11018.67亿元,较上一个五年相比增长了32.23%;五年来累计上缴税收528.83亿元,较上一个五年相比增长了5.74%。经济效益持续向好,今年1至8月,实现利润总额74.87亿元,同比扭亏增利87.16亿元,增长709.2%。