Business magazine Fortune released its latest China 500 companies list on July 25, with the total revenue and profits of the 500 companies hitting $15 trillion and $717.1 billion in 2022.
State Grid received $530 billion in revenue, taking the first spot in the Fortune China 500 list, followed by China National Petroleum and Sinopec Group with the revenue at $483 billion and $471.15 billion respectively.
The metal products industry has 56 companies in the ranking thereby claiming the largest number of companies on the list.
No 10 Sinochem Holdings
Sinochem's booth during an event in Shanghai in September. [Photo provided to China Daily]
No 9 Ping An Insurance
The headquarters of Ping An Insurance (Group) Company in Shanghai on Dec 4, 2021. [Photo/VCG]
No 8 Agricultural Bank of China
A booth of Agricultural Bank of China at an expo held in Beijing, Sept 1, 2022. [Photo/VCG]
No 7 China Construction Bank
A booth of China Construction Bank at an expo held in Beijing, April 25, 2023. [Photo/VCG]
No 6 Industrial and Commercial Bank of China
A booth of Industrial and Commercial Bank of China at an expo held in Beijing, April 25, 2023. [Photo/VCG]
No 5 Hon Hai Precision Industry
Foxconn employees work on a production line in Zhengzhou, Henan province, in January, 2023. Foxconn, also known as Hon Hai Precision Industry Co, is a major supplier of Apple Inc. [PHOTO/CHINA NEWS SERVICE]
No 4 China State Construction Engineering
Visitors at the booth of China State Construction Engineering at an expo in Shanghai, May 11, 2023. [Photo/VCG]
No 3 Sinopec Group
A Sinopec employee assists with the docking of a liquefied natural gas tanker in Tianjin in October. [Photo/Xinhua]
No 2 China National Petroleum
Two China National Petroleum Corp employees inspect gas pipelines in Qinghai province in January. [Photo/Xinhua]
No 1 State Grid
State Grid employees check solar power panels in Tibet autonomous region. [Photo by Song Weixing/For chinadaily.com.cn]
Business magazine Fortune released its latest China 500 companies list on July 25, with the total revenue and profits of the 500 companies hitting $15 trillion and $717.1 billion in 2022.
State Grid received $530 billion in revenue, taking the first spot in the Fortune China 500 list, followed by China National Petroleum and Sinopec Group with the revenue at $483 billion and $471.15 billion respectively.
The metal products industry has 56 companies in the ranking thereby claiming the largest number of companies on the list.
No 10 Sinochem Holdings
Sinochem's booth during an event in Shanghai in September. [Photo provided to China Daily]
No 9 Ping An Insurance
The headquarters of Ping An Insurance (Group) Company in Shanghai on Dec 4, 2021. [Photo/VCG]
No 8 Agricultural Bank of China
A booth of Agricultural Bank of China at an expo held in Beijing, Sept 1, 2022. [Photo/VCG]
No 7 China Construction Bank
A booth of China Construction Bank at an expo held in Beijing, April 25, 2023. [Photo/VCG]
No 6 Industrial and Commercial Bank of China
A booth of Industrial and Commercial Bank of China at an expo held in Beijing, April 25, 2023. [Photo/VCG]
No 5 Hon Hai Precision Industry
Foxconn employees work on a production line in Zhengzhou, Henan province, in January, 2023. Foxconn, also known as Hon Hai Precision Industry Co, is a major supplier of Apple Inc. [PHOTO/CHINA NEWS SERVICE]
No 4 China State Construction Engineering
Visitors at the booth of China State Construction Engineering at an expo in Shanghai, May 11, 2023. [Photo/VCG]
No 3 Sinopec Group
A Sinopec employee assists with the docking of a liquefied natural gas tanker in Tianjin in October. [Photo/Xinhua]
No 2 China National Petroleum
Two China National Petroleum Corp employees inspect gas pipelines in Qinghai province in January. [Photo/Xinhua]
No 1 State Grid
State Grid employees check solar power panels in Tibet autonomous region. [Photo by Song Weixing/For chinadaily.com.cn]
