Ministry of Finance: From January to May, the total operating revenue of state-owned and state-controlled enterprises nationwide decreased by 0.7% year-on-year, while the total profit increased by 3.5% year-on-year.

On June 30, the Ministry of Finance released the "Economic Operation of National State-Owned and State-Holding Enterprises from January to May 2026". It mentioned that from January to May, the total operating income of national state-owned and state-holding enterprises (hereinafter referred to as state-owned enterprises) decreased by 0.7% year-on-year, while the total profit increased by 3.5%. From January to May, the total operating income of state-owned enterprises was 3,282.216 billion yuan, a decrease of 0.7% year-on-year. The total profit of state-owned enterprises during this period was 1,725.80 billion yuan, an increase of 3.5% year-on-year. During January to May, state-owned enterprises paid taxes and fees amounting to 2,627.45 billion yuan, reflecting a 5.7% increase compared to the same period last year. At the end of May, the asset-liability ratio of state-owned enterprises was 65.5%, a 0.5 percentage point increase compared to the same period last year. Note: The report includes central enterprises under the Ministry of Finance, the State-owned Assets Supervision and Administration Commission of the State Council, enterprises of central departments and units, as well as state-owned and state-holding enterprises of 36 provinces (autonomous regions, municipalities directly under the central government, and special administrative regions), and enterprises belonging to the Xinjiang Production and Construction Corps, excluding primary financial state-owned enterprises and their affiliates. The industries covered include agriculture, forestry, animal husbandry, fishery, industry, construction, transportation, warehousing, postal services, telecommunications, wholesale and retail, real estate, information technology services, and other industries. Due to objective factors such as changes in enterprise additions and reductions and changes in equity, the entities included in the scope of the National State-owned and State-holding Enterprises summary for different periods are not entirely the same. The year-on-year growth-related data in this report is calculated by comparing the data of enterprises within the same period this year with the data of the same period last year on a consistent basis. This article is compiled from the Ministry of Finance, and edited by GMTEight: Chen Siyu.