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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 se
lection 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
Source: China Daily/BW Online
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