Banking remains the most profitable sector in China, and majority of the top 10 Chinese companies earning the most were banks this year, the People's Daily reported.

Industrial and Commercial Bank of China, China Construction Bank, and Agricultural Bank of China secured the top three spots with gains of 286.05 billion yuan ($41.28 billion), 242.26 billion yuan and 192.96 billion yuan, respectively.

Among the top 500 Chinese enterprises this year, according to the newspaper, banks contributed 43.4 percent of the total profit, though in sheer numbers they were just 3.4 percent.

Now let's look at the full list of the top 10 Chinese companies with most profit.

No 10 Bank of Communications

Profit: 70.22 billion yuan

Bank of Communications in Beijing on April 27, 2018. [Photo/VCG]

No 9 China Merchants Bank

Profit: 70.64 billion yuan

China Merchants Bank in Beijing on Aug 10, 2018. [Photo/VCG]

No 8 China Mobile Limited

Profit: 73.89 billion yuan

China Mobile Limited in Beijing on July 29, 2017. [Photo/VCG]

No 7 Tencent

Profit: 74.51 billion yuan

A flag bearing the Tencent's logo can be seen outside the company's offices in Beijing on Aug 14, 2018. [Photo/VCG]

No 6 Ping An Insurance (Group) Co of China Ltd

Profit: 89.09 billion yuan

A view of the headquarters of Ping An Insurance (Group) of China in Beijing on April 14, 2018. [Photo/IC]