To help investors gain a better understanding of the corporate sector in China, Standard & Poor's has conducted a statistical survey of the Top 100 listed corporations in the country. This is the third year that Standard & Poor's has reviewed these leading corporations. The selection criteria are based on the latest available revenue size.
(See "Sizing Up China's Corporate Elite" for the top outfits' growth outlooks. And check out BW Online's in-depth coverage of the yuan revaluation and its implications.)
Ranking Company Annual Sales (Mil. Yuan)
1 China Petroleum & Chemical 590,632
2 PetroChina 388,633
3 China Mobile 192,381
4 China Telecom 161,212
5 China United Telecommunications 79,332
6 China Netcom Group 64,922
7 Minmetals Development 64,593
8 Baoshan Iron & Steel 58,638
9 Cnooc 55,222
10 China Resources Enterprises 50,105
11 Sinopec Zhenhai Refining & Chemical 41,991
12 TCL Corp. 40,282
13 Sinopec
Shanghai Petrochemical 39,403
14 Aluminum Corp. of China 32,313
15 Sinopec Yangzi Petrochemical 31,774
16 Air China 30,835
17 Huaneng Power International 30,293
18
Jilin Chemical Industrial 27,903
19
Maanshan Iron & Steel 26,770
20 China International Marine Containers 26,568
21 China Southern Airlines 24,194
22
Wuhan Iron & Steel 24,148
23 Lenovo Group 23,991
24 Hunan Valin Steel Tube & Wire 23,786
25 Angang New Steel 23,228
26 Zte 22,698
27 Shanxi Taigang Stainless Steel 22,410
28 China Shipping Container Lines 22,364
29
Tangshan Iron & Steel 21,884
30 Sinotrans 21,880
31
Beijing Shougang 21,074
32 China Eastern Airlines 19,893
33
Handan Iron & Steel 19,453
34 Guangdong Midea Electric Appliances 19,201
35
Jinan Iron & Steel 19,147
36
Chongqing Changan Automobile 18,527
37 Sinopec
Beijing Yanhua Petrochemical 17,940
38 Bei Qi Foton Motor 17,886
39 COFCO International 17,872
40 Laiwu Steel 17,762
41 Bengang Steel Plates 17,349
42 Inner Mongolia
Baotou Steel 16,246
43 Digital China Holdings 15,457
44
Qingdao Haier 15,299
45 Jinzhou Petrochemical 15,038
46
Xiamen C&D 14,378
47
Shanghai Construction 14,165
48 Gree Electric Appliances (Zhuhai) 13,833
49
Shanghai Friendship Group 13,753
50 Datang International Power Generation 13,584
51
Panzhihua New Steel & Vanadium 13,439
52 Konka Group 13,363
53 Sinopec Yizheng Chemical Fibre 13,348
54 Sinochem International 13,006
55
Anyang Iron & Steel 12,918
56 AviChina Industry & Technology 12,877
57 Boe Technology Group 12,442
58 Yanzhou Coal Mining 12,209
59 Torch Automobile Group 11,540
60 Sichuan Changhong Electric 11,539
61 Great Wall Technology 11,419
62 Weiqiao Textile 11,088
63
Shanghai Pharmaceutical 10,815
64 Jiangxi Copper 10,627
65 SGIS Songshan 10,329
66
Beijing Enterprises Holdings 10,287
67
Ningbo Bird 10,246
68
Nanjing Iron & Steel 10,226
69 Huadian Power International 10,175
70
GuangZhou Iron & Steel 10,100
71
Xiamen International Trade 10,096
72 Henan Shuanghui Investment & Development 10,056
73
Hangzhou Iron & Steel 9,955
74 Sinopec QILU 9,842
75 FAW Car Co. 9,643
76 China Overseas Land & Investment 9,179
77 China Oriental Group 9,119
78 Suning Appliance Chains 9,107
79
Nanjing Textiles 8,999
80 Sinopec Kantons Holdings 8,992
81 Gan Su Jiu Steel Group Hong Xing Iron & Steel 8,965
82 Xinxing Ductile Iron Pipes 8,801
83 Inner Mongolia Yili Industrial 8,735
84
Shijiazhuang Refining-Chemical 8,689
85
Lianyungang Ideal Group 8,662
86 Tsingtao Brewery 8,621
87
Shanghai Material Trading Centre 8,576
88 Guangdong Kelon Electrical Holdings 8,436
89 Hainan Airlines 8,411
90 Anhui Conch Cement 8,385
91 Tsinghua Tongfang 8,149
92 Anhui Jianghuai Automobile 8,069
93 Semiconductor Manufacturing International 8,067
94 TCL Communication Technology 7,780
95 GD Power Development 7,752
96
GuangZhou Pharmaceutical 7,708
97 CNHTC
Jinan Truck 7,683
98 China Vanke 7,667
99 Hisense Electric 7,500
100
Shanghai Automotive 7,491
