China Energy Engineering Corporation (CEEC) reported a 33.81% year-over-year decrease in new contract value for the first half of the year, totaling 513.19 billion yuan. In contrast, Power Construction Corporation of China (PCC) saw a smaller 9.73% decline in its first-half new contract value, reaching 619.89 billion yuan. PCC's performance was bolstered by a significant 39.29% increase in overseas contract value, which offset a 22.47% decrease in domestic contracts. AI
RANK_REASON Reporting on financial performance and contract values of major state-owned enterprises. [lever_c_demoted from significant: ic=2 ai=0.1]
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