A few centrally administered state-owned enterprises (SOEs) have confronted imbalances in their development overseas, Shao Ning, deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, admitted in an interview. But he added on the whole, SOEs' overseas business have been successful, the China Business News reported Tuesday.

Although some SOEs have suffered losses in their overseas operations, on the whole, the achievements outshine the losses, Shao said in response to reports criticizing the heavy losses of state assets caused by central enterprises’blind investments and lack of supervision.

According to Shao, the aggregate revenue of centrally administered SOEs abroad totaled 3.4 trillion yuan（$0.54 trillion), overall profits totaled 128 billion yuan from January to November, 2011, representing year-on-year increases of 30.7 percent and 28 percent respectively. The numbers are much better than central enterprises’operations at home.

However, Shao pointed out that for some centrally administered SOEs, the risk assessment and prevention systems, and overseas assets management systems are still fragile and incomplete, which combined with a lack of international talents and insufficient managerial expertise may lead to losses in certain cases.