BEIJING (Reuters) – Profits at China’s state-owned enterprises rose 170% to 1.79 trillion yuan ($276.18 billion) in the first five months of the year versus the same period a year prior, the ministry of finance said on Wednesday.
($1 = 6.4812 Chinese yuan renminbi)
(Reporting by Liangping Gao and Ryan Woo; Editing by Andrew Heavens)