How many Fortune 500 companies are there in China?

Updated on Financial 2024-02-09
4 answers
  1. Anonymous users2024-02-05

    Not much, PetroChina, Sinopec, China Mobile, China Telecom, Baosteel, etc.

  2. Anonymous users2024-02-04

    133. In 2020, the number of companies in Chinese mainland (including Hong Kong) reached 124, surpassing the United States (121) for the first time in history. Including Taiwanese companies, a total of 133 Chinese companies made the list.

    On August 10, 2020, Beijing time, Fortune released the latest Fortune Global 500 list. Walmart ranked first for the seventh year in a row, Sinopec ranked second, State Grid rose to third, PetroChina ranked fourth, and Shell fell to fifth.

    In 2020, the Fortune Global 500 companies reached a record high of $33 trillion in operating revenue, close to the combined GDP of China and the United States. The threshold for entry into the rankings (minimum sales revenue) has also been raised from $24.8 billion to $25.4 billion.

    Ranking analysis

    In the return on equity (ROE) list, Lloyd's Register jumped to the top spot;Among the top Chinese companies are Hengli Group, Taikang Insurance, Tsingshan Holdings, Country Garden and Chinese Life Insurance.

    In the profit margin list, TSMC ranked the highest, Berkshire Hathaway ranked second, and Pfizer's profit margin increased significantly year-on-year to rank third. Alibaba ranked fifth with a profit margin of nearly 29 percent.

    In terms of changes in rankings, the fastest rise this year was Prudential Group, which jumped 292 places. It is worth mentioning that six of the top 10 companies with the fastest jumps in the ranking are companies in the insurance industry. The two fastest-growing companies in China are also in the insurance industry, namely:

    AIA (up 138 places), Cathay Financial Holdings (81 places).

    The above content refers to Encyclopedia - 2020 Fortune Global 500 List.

    People's Daily Online - Fortune Global 500: 133 Chinese companies are on the list, ranking in the world.

  3. Anonymous users2024-02-03

    Hello, I'm glad to answer for you Thank you for your patience There are 145 of the world's top 500 China. On August 3, 2022, Beijing time, the 2022 Fortune Global 500 list was released. With the addition of enterprises in Taiwan, a total of 145 companies in China were on the list, an increase of 2 over the previous year, and the number of companies on the list ranked first among all countries for the fourth consecutive year.

    The average operating income of China's large-scale Xunlu (including Hong Kong) enterprises reached 100 million US dollars, a significant increase compared with its own figures last year; In addition, the average total assets are 358 billion US dollars, and the average net assets are 100 million US dollars, both exceeding the average level of the world's top 500 companies.

  4. Anonymous users2024-02-02

    There are 143 Fortune 500 companies in China. In the Fortune Global 500 list, China has a total of 143 companies on the list, an increase of 10 over last year, and the number of companies on the list has surpassed the United States for the second consecutive year, ranking first in the world.

    Introduction to the companies on the list in China.

    Chinese companies are the largest in the top 500 and have the fastest growth rate, with 18 new Chinese companies on the list, which shows that China's economy is still growing strongly and the growth of enterprises is good. From the perspective of the industries to which the listed companies belong, the number of private enterprises has increased, and the share of the Internet, pharmaceutical, and manufacturing industries has increased, which shows that China's economic structural optimization has entered a virtuous cycle and high-quality development has made solid progress.

    In addition, Chinese companies have benefited from continued positive economic fundamentals. Enterprises such as China Shipbuilding and Weichai Power entered the top 500 list, mainly benefiting from the accelerated recovery of China's economy, especially during the epidemic, and strong foreign trade export demand gave rise to maritime demand. As China responded to the epidemic in a timely and proper manner, restored production capacity, and became a global economic stabilizer, China has become the world's leading commodity merchant in the past year, and China's manufacturing industry has also won the trust of the global market.

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