Chinese SOEs maintain double-digit profit growth

BEIJING, Dec. 22 (Xinhua) -- Chinese state-owned enterprises (SOEs) continued to see double-digit profit growth in the first 11 months of the year as the economy held steady, official data showed Friday.

Combined SOE profits rose 23.5 percent year on year to 2.6 trillion yuan (around 395.6 billion U.S. dollars) for the January-November period, the Ministry of Finance said.