On April 27, the State-owned Assets Supervision and Administration Commission of Yichang Municipal People’s Government released the economic performance data for the state-owned enterprises (SOEs) of Yichang in the first quarter of the year. As of the end of March, the local SOEs of Yichang recorded total assets of 878.683 billion yuan, a year-on-year increase of 12.25%. Their total operating revenue reached 52.58 billion yuan, up 20.16% year-on-year. Taxes and fees paid amounted to 3.331 billion yuan, a growth of 0.93%, while R&D investment stood at 314 million yuan, an increase of 3.93%. For SOEs directly under municipal administration, total assets reached 385.155 billion yuan, up 9.71% year-on-year, with total operating revenue hitting 29.009 billion yuan, a year-on-year rise of 22.72%. (Sanxia Daily: Reporter/Jin Zhi, Correspondent/Liu Jia)