Global Times writes: Net profits of China’s centrally administered state-owned enterprises (SOEs) exceeded 1 trillion yuan ($155 billion) in the first half of this year for the first time, reaching nearly 73 percent of the level for all of 2020 and achieving stellar growth amid a complicated international environment.
read article: Central SOEs report stellar H1 net profits: SASAC – Global Times

Workers at a Sinopec branch in Southwest China’s Chongqing Municipality adopt full-process electric automation to complete staged fracturing of the 28th section of a well in nine days, the first successful use of the automation of reservoir reconstruction technology in China. Photo: cnsphoto



