China Enterprise Evaluation Association released 2022 China Top 500 New Economy on April 4, a ranking showing that in 2022, the gross revenue of top 500 strongest Chinese enterprises focusing on new economy exceeded 20 trillion yuan ($2.90 trillion), up 24.13 percent year-on-year, 10 percentage points higher than that of 500 strongest Chinese firms and 15 percentage points higher than that of top 500 Chinese private firms over the same time.
Let's take a look at the top 10 Chinese firms in new economy.
10 Longi
An employee conducts inspection and packaging operations at a workshop of Longi Green Energy Technology Co Ltd, a solar energy technology corporation in Xi'an, Shaanxi province, in January. [Photo/Xinhua]
9 JD
A logo of Chinese e-commerce giant JD. [Photo/IC]
8 CETC
Photo taken on Dec 3, 2018, shows the exhibition pavilion of China Electronics Technology Corporation at the Egypt Defence Expo in Cairo, Egypt. [Photo/Xinhua]
7 AVIC
The booth of AVIC, featuring a giant Wing Loong 3 unmanned aircraft, attracts journalists in Zhuhai, Guangdong province, on Nov 6, before the Zhuhai Airshow begins. CHEN JIMIN/CHINA NEWS SERVICE
6 BYD
A BYD car rolls off the production line in Hefei, Anhui province, on June 30, 2022. [Photo/VCG]
5 Huawei
Shoppers pass a Huawei store in Tianjin in November 2022. [Photo/China Daily]
4 CATL
CATL batteries are displayed during an expo in Xiamen, Fujian province. [Photo provided to China Daily]
3 Douyin
A man holding a phone walks past the logo of TikTok, known in China as Douyin, at the 2020 International Artificial Products Expo in Hangzhou, Zhejiang province. [Photo/Agencies]
2 Alibaba
The stand of Alibaba Group during an industry expo in Fuzhou, Fujian province. [Photo/CHINA DAILY]
1 Tencent
The booth of Tencent during the 2022 China International Fair for Trade in Services held in Beijing in September 2022. [SONG YU/FOR CHINA DAILY]