On the morning of December 26, the State-owned Assets Supervision and Administration Commission of Zhongshan People's Government reported the key measures, progress and next-step focuses of the reform of municipal state-owned enterprises (SOEs).
In the first 11 months of this year, the operating revenues of Zhongshan's municipal SOEs, the profits turned over to the state and the taxes paid were up 2.0%, 12.2% and 23.7% year on year respectively. Their total assets by the end of November were up 6.6% year on year.