According to data released by the Chinese Ministry of Finance on the 27th, the total operating revenue of state-owned and state-controlled enterprises (referred to as state-owned enterprises) in China increased by 1.6% year-on-year from January to July this year, while the total profit decreased by 2.0%. Excluding state-owned first tier financial enterprises, from January to July, the total operating revenue of state-owned enterprises in China was 47287.27 billion yuan (RMB), a year-on-year increase of 1.6%; The total profit of state-owned enterprises was 25701.5 billion yuan, a year-on-year decrease of 2.0%. From January to July, the tax payable by state-owned enterprises was 3487.27 billion yuan, a year-on-year increase of 1.3%. At the end of July, the asset liability ratio of state-owned enterprises was 64.9%, an increase of 0.1 percentage points. (New Society)