Business / Biz Photos

Top 10 companies receiving most subsidies

Updated: 2014-04-24 15:28 (chinadaily.com.cn)
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No 2, TCL Group

TCL, one of the largest consumer electronic companies in China, made a profit of 2.11 billion yuan in 2013, up by 164.93 percent year-on-year.

However, if the government subsidy worth 2.20 billion yuan is deducted, it's hard to say that the company is profitable.

Top 10 companies receiving most subsidies
A display stand of TCL Group on March 24,2012, Nanjing, East China's Jiangsu province.[Photo/dfic.cn]

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