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China's state-owned assets up in 2024: report

China

China

China

China's state-owned assets up in 2024: report

2025-10-26 17:53 Last Updated At:19:37

The combined assets of China's state-owned enterprises (SOEs) further increased last year, said a comprehensive state assets management report submitted to China's top legislature on Sunday.

At the end of 2024, Chinese SOEs, excluding those in the financial sector, held 401.7 trillion yuan in total assets with 109.4 trillion yuan in state-owned capital equity, according to the report.

State-owned financial enterprises recorded 487.9 trillion yuan in assets with 33.9 trillion yuan in financial capital equity, it said.

The report attributes the achievements to the efforts of all localities and governments to strengthen supervision of the state-owned assets.

China's state-owned assets up in 2024: report

China's state-owned assets up in 2024: report

Candlelight memorials were held across China on Saturday to honor the victims of the Nanjing Massacre during Japan's aggression against China in 1937.

The Nanjing Massacre took place when Japanese troops captured the then-Chinese capital on Dec. 13, 1937. Over the course of six weeks, they proceeded to kill approximately 300,000 Chinese civilians and unarmed soldiers in one of the most barbaric episodes of WWII.

Saturday marks the 12th National Memorial Day for Nanjing Massacre Victims.

In Nanjing, now the capital of east China's Jiangsu Province, a candlelight memorial and international peace rally was held on Saturday night, joined by around 200 participants from China and across the world.

As night fell over the city, people from different walks of life gathered at the square of the Memorial Hall of the Victims in Nanjing Massacre by Japanese Invaders to pay tribute to those killed.

Participants included representatives of inheritors of the historical memory of the Nanjing Massacre, descendants of international friends who aided China during the war, and young students. Dressed in plain attire, they took part in the solemn commemorative event.

Five representatives from various sectors passed along illuminated bouquets of Zijin grass, known as February orchid in Nanjing and radish flower in Japan, jointly forming a light display spelling out the word "Peace." Candles were also arranged into the shape of a dove, symbolizing the shared hope for lasting peace.

"This history is deeply cruel and painful, but we must remember it. Only by remembering history can we truly cherish the peace we enjoy today. When I grow up, I hope to work together with others to safeguard peace," said Yue Cen, a student from Nanjing Foreign Language School's Xianlin Campus.

A similar candlelight memorial was also held in Shenyang, the capital of northeast China's Liaoning province, where the September 18 Incident in 1931 marked the start of Japan's 14-year invasion of China.

More than 200 representatives from various sectors gathered at the 9.18 Historical Museum to pay tribute, lighting candles in memory of the Nanjing Massacre victims.

"On the National Memorial Day, the nation remembers its suffering. It reminds us to cherish the peace that was won at the cost of lives. I will study harder, strengthen my abilities, and contribute my youth to national rejuvenation," said Li Shuhang, a student from Shenyang University.

Candlelight memorials held in China for Nanjing Massacre victims

Candlelight memorials held in China for Nanjing Massacre victims

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