The China Top 500 Enterprises 2007 List
released in Wuhan on Saturday said that the top 500 gained 17.49
trillion yuan (2.3 trillion U.S. dollars) of business revenue last year,
up 23.7 percent over 2005..(Xinhuanet File Photo)
WUHAN, Sept. 1 (Xinhua) -- The combined business
revenue of China's top 500 companies accounted for 83.5 percent of the gross
domestic product in 2006, almost six percentage points higher than the previous
The China Top 500 Enterprises
List released here on Saturday said that the top 500 gained 17.49 trillion yuan
(2.3 trillion U.S. dollars) of business revenue last year, up 23.7 percent over
Sinopec maintained its No.1 position with a business revenue
of 1.06 trillion yuan, up 29 percent year-on-year, according to the
report issued by the China Enterprise Confederation (CEC) and China Enterprise
Directors Association (CEDA) on Saturday.
Second to fifth rankings went respectively to China
National Petroleum Corporation, State Grid, Industrial and Commercial Bank of
China and China Mobile.
A total of 349 enterprises, or nearly 70 percent of
the total in the list, were state-owned or state-controlled. Their combined
assets reached 14.9 trillion yuan at the end of 2006, accounting for 85 percent
of the total.
The number of private-owned enterprises in the list
rose to 89,with 1.4 trillion yuan of business revenue.
The CEC said the list included 22 enterprises in 11
different industries which made their way into the World Top 500 while there
were 11 in 2002.