Earnings at state-owned enterprises (SOEs) doubled to US$10.88 billion in January from a year earlier, the South China Morning Post reported. However, economists warned that the different timing of the Lunar New Year holiday made direct year-on-year comparisons difficult. Revenues at SOEs rose 67.8% year-on-year to US$169.9 billion. On a month-on-month basis, revenues were down 23.1%, while profits fell 14.5%. The figures are nonetheless a sign of economic growth, pushed by government stimulus measures. Earlier this week, the Politburo said that stimulus measures would be maintained to ensure a sustained recovery.