Feb. 22, 2007 (China Knowledge) – China's 159 centrally-managed state-owned enterprises (SOEs) saw RMB 8.14 trillion in sales revenue last year, a growth of 20.1% over the previous year, according to figures provided by the State Assets Supervision and Administration Commission (SASAC).

Profits for the central SOEs increased by 18.2% to hit RMB 754.7 billion in 2006.

The biggest margin-growth in production and sales came from the coal, electric power and petroleum sectors. The nation's two leading coal producers, Shenhua Group and China National Coal Energy Group, turned out 293 million tons of raw coal in 2006, up 18.1%.

The three leading oil and gas producers, namely China National Petroleum, China Petrochemical and China National Offshore Oil, pumped out more than 200 million tons of crude oil, up 4.3%, and 64.1 billion cubic meters of natural gas, up 21.1% last year.

The combined output of oil products amounted to 172 million tons, up 4.8%.