On July 24, the "Economic Information Daily" reporter learned from the Ministry of Finance that the total profit of state-owned enterprises increased by 21.1% in the first half of this year, and the profits of steel, nonferrous metals, petroleum and petrochemical industries increased significantly. According to industry analysts, the growth rate of state-owned enterprises' profits has reached the highest level since 2012, and the structural reforms on the supply side have been further promoted. It is an important support to vigorously carry out the improvement of quality and efficiency. The relevant reforms in the second half of the year will be further deepened and more breakthroughs will be made.

According to statistics from the Ministry of Finance, from January to June, the total operating income of state-owned enterprises was 27,758.86 billion yuan, a year-on-year increase of 10.2%; the total profit was 1,718.63 billion yuan, a year-on-year increase of 21.1%; the tax payable was 2,285.13 billion yuan, a year-on-year increase of 10.0%. Among them, the operating income of the central enterprises was 1,613.77 billion yuan, a year-on-year increase of 9.9%; the profit was 11.131 billion yuan, a year-on-year increase of 18.6%; the tax payable was 16.23 billion yuan, a year-on-year increase of 6.8%. The operating income of local state-owned enterprises was 116.28 billion yuan, up 10.6% year-on-year; the profit was 604.22 billion yuan, up 26.0% year-on-year; the tax payable was 662.11 billion yuan, up 18.4% year-on-year.

“De-leverage and de-capacity support the macroeconomic operating environment, which also improves the external environment of state-owned enterprises and brings benefits to the profits of state-owned enterprises.” Jiang Zhen, deputy researcher of the Institute of Finance and Economics of the Chinese Academy of Social Sciences, accepted the Economic Reference. The reporter said in an interview.

Zhou Lisha, an associate researcher at the Research Center of the State-owned Assets Supervision and Administration Commission of the State Council, also believes that state-owned enterprises have the largest growth rate among various economic types in the first half of the year and have made significant contributions to overall economic growth. The reason is that state-owned enterprises, especially central enterprises, have intensified the structural reforms on the supply side, and vigorously carrying out the improvement of quality and efficiency is an important support.

It is worth noting that from January to June, the profits of state-owned enterprises in the steel, nonferrous metals, petroleum and petrochemical industries increased significantly year-on-year, which was higher than the increase in revenue. "Steel, petrochemical and other traditional industrial industries are also undergoing conversion, such as the upgrading of production processes, the application of new technologies, etc., and the emergence of new modes of new business, which is also a form of conversion of old and new kinetic energy." Jiang Zhen pointed out that combining countries From the perspective of promoting the steady development of the economy and society, and adhering to the trend of social development, the new mode of new business has emerged in an endless stream, and the development of state-owned enterprises must be closely integrated with the new kinetic energy.

Zhou Lisha said that in the first half of the year, the state continued to deepen the supply-side structural reforms, and the leverage ratio and cost of enterprises continued to decline, laying a good foundation for further reform of the follow-up reform. In the future, the reform will be further deepened, including the central enterprises tightening the debt constraint, the investment scale of high-debt enterprises is steadily decreasing; the multi-channel supplemental equity capital, the scale of equity financing is growing rapidly, the intensity of mixed reform is increased, and social capital is widely introduced; deepening state-owned enterprises Reform, revitalize corporate assets, improve the efficiency of asset operations, actively promote market-oriented reform measures, and improve corporate efficiency.