List_of_largest_Chinese_companies

List of largest Chinese companies

List of largest Chinese companies

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This article lists the largest companies in China in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes. In 2022, Fortune's Global 500 list of the world's largest corporations included 145 Chinese companies in total.[1] Over the same year, Forbes reported that three of the world's ten largest public companies were Chinese, including the world's largest bank by total assets, the Industrial and Commercial Bank of China.[2] Many of China's largest companies are state-owned enterprises, due to the significant presence of the Chinese government in the national economy.[3]

The headquarters of the electric utility company State Grid in Beijing. It was China's largest and the world's third-largest company by revenue in 2021, with annual revenues of over US$460 billion.[1] The Industrial and Commercial Bank of China was both China and the world's largest company by assets in 2021, with over US$5.5 trillion in total assets.[2]

2022 Fortune Global 500 List

This list details the twenty five largest Chinese companies according to the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for their respective fiscal year ending on or before 31 March 2022. Also listed for each company are the location of its headquarters, their primary industry and their number of employees, in addition to ownership characteristics.

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2022 Forbes Global 2000 List

This list details the twenty five largest Chinese companies according to the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, assigning an equal weighting to revenue, profit, assets and market value. The figures are given in billions of US dollars and are for the trailing twelve months up to 22 April 2022. Also listed for each company are the location of its headquarters and their primary industry.

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See also


References

  1. "Global 500". Fortune. 2022. Retrieved 3 August 2022.
  2. "Global 2000". Forbes. 2022. Retrieved 3 August 2022.
  3. "State-owned enterprises: Fixing China Inc". The Economist. 30 August 2014. Retrieved 6 February 2015.

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