The total assets of state-owned enterprises supervised by the State-owned Assets Supervision and Administration Commission in Ningxia Hui Autonomous Region totaled 416.37 billion yuan (US$ 66.95 billion) and net assets have reached 104.9 billion yuan by the end of 2012, officials said.

The operating revenues and profits of state-owned enterprises in Ningxia reached 93.96 billion yuan and 13.32 billion yuan respectively in 2012, up 13 percent and 9 percent year-on-year.