(Yicai Global) June 13 -- China's central enterprises, which are directly owned by the central government, set their net profit growth target at 9 percent for this year at a signing ceremony for performance responsibility, the State-Owned Assets Supervision and Administration Commission announced on its website today.

China's 97 central enterprises posted a total net profit of CNY1.2 trillion (USD173.4 billion) last year, with growth of 15.7 percent.

Editor: William Clegg