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The central government's State-owned enterprises (SOEs) posted better-than-expected net profits of 535.32 billion yuan in the first half of 2017, thanks to supply-side reform, innovation and curbs on capital outflow, the State-owned Assets Supervision and Administration Commission said on Tuesday.
国务院国有资产监督管理委员会近日表示，得益于供给侧改革、创新以及遏制资本外流，今年上半年央企实现净利润总额5353.2亿元，超出预期。
The half-year profits represent a year-on-year growth of 18.6%, with double-digit growth each month.
上半年央企利润总额同比增长18.6%，每个月都保持了两位数增长。
Profits in June reached 159.67 billion yuan, hitting a record high since the statistics became available.
6月利润额达到1596.7亿元，创下有数据记载以来的单月利润历史最好水平。
Of the 102 central SOEs, 99 were in the black, 48 had profits grow by more than 10% and 29 had profits increase by more than 20%.
102家央企中，有99家企业盈利，48家企业利润增幅超过10%，29家企业利润增幅超过20%。
Shen Ying, chief accountant of the State-owned Assets Supervision and Administration Commission, said the government will further tighten State capital supervision, enhance risk control and deepen SOE reform by cutting unnecessary administrative bodies, strengthening debt risk control and applying capital outflow restraints.
国有资产监督管理委员总会计师沈莹表示，政府将进一步加强国家资本监管，增强风险控制，通过减少不必要的行政机构来深化国有企业改革，并加强债务风险控制，实施资本外流限制。
The total revenue of central SOEs amounted to 12.5 trillion yuan in the first half of the year, up 16.8% year-on-year, also seeing double-digit growth for six consecutive months.
上半年央企累计实现营业收入12.5万亿元，同比增长16.8%，也是连续6个月实现两位数增长。
