State-owned Assets Supervision and Administration Commission Director Zhang Yuzhuo: Since the 14th Five-Year Plan, the operational quality and efficiency of central enterprises have remained stable and improving.

On September 17th, Zhang Yuzhuo, Director of the State-owned Assets Supervision and Administration Commission of the State Council, said at a press conference on the theme of "high-quality completion of the 'Fourteenth Five-Year Plan'" held by the State Council Information Office, that since the beginning of the Fourteenth Five-Year Plan, central enterprises have taken new steps in high-quality development, with the operational quality and efficiency maintained at a steady and positive level. The total assets of central enterprises have grown from less than 70 trillion yuan to over 90 trillion yuan, total profits have increased from 1.9 trillion yuan to 2.6 trillion yuan, with average annual growth rates reaching 7.3% and 8.3% respectively. More importantly, quality and efficiency have significantly improved. The operating income profit margin has increased from 6.2% to 6.7%. Labor productivity per person per year has increased from 59.4 thousand yuan to 81.7 thousand yuan. Indicators such as the return on state-owned capital and net asset return on investment have continued to improve.