Location of China

Since the introduction of economic reforms in 1978, the Chinese economy has become one of the world's fastest-growing major economies. As of 2016, it was the world's second-largest economy by nominal GDP and largest by purchasing power parity (PPP). China was also the world's largest exporter and second-largest importer of goods.[1] China is a member of numerous formal and informal multilateral organizations, including the WTO, APEC, BRICS, the Shanghai Cooperation Organisation (SCO), the BCIM, and the G-20.

A company incorporated in any of China's special administrative regions is not considered to be incorporated in China. See the corresponding list for companies incorporated in China's special administrative regions. For further information on the types of business entities in this country and their abbreviations, see business entities in China.

Largest firms

See also: List of largest Chinese companies

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2023.[2] Only the top five firms (if available) are included as a sample.

Rank Name 2023 Revenues (USD $M) Employees Notes
3 State Grid Corporation of China $530,008.8 870,287 Massive national infrastructure monopoly for electricity, the firm is by far the largest utility in the world. The entity maintained the #3 position in 2023, just behind Walmart and Saudi Aramco.
5 China National Petroleum Corporation $483,019.2 1,087,049 China's primary state oil & gas entity. CNPC was overtaken by Amazon and slipped from #4 to #5 in 2023.
6 Sinopec Group $471,154.2 527,487 China's second-largest state-owned fossil fuel company. Sinopec specialises in refining crude oil into a variety of consumer products.
13 China State Construction Engineering $305,884.5 382,492 Largest construction firm in the world, The company furthers China's "Belt and Road" initiative, a strategic push by the Chinese government to extend the country's international influence by funding infrastructure projects abroad.
28 Industrial and Commercial Bank of China $214,766.3 427,587 A state-run entity that is the largest commercial bank in the world by revenue, with assets valued at more than $5.7 trillion. ICBC has moved aggressively into international markets.

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
361 Degrees Consumer goods Clothing & accessories Jinjiang 2003 Sporting goods
Agricultural Bank of China Financials Banks Beijing 1951 Bank
Aigo Consumer goods Consumer electronics Beijing 1993 Consumer electronics
Air China Consumer services Airlines Beijing 1988 Flag-carrier airline
Alibaba Group Technology Internet Hangzhou 1999 Online holdings
Aluminum Corporation of China Limited Basic materials Aluminum Beijing 2001 Aluminum
Amoi Industrials Electronic equipment Xiamen 1997 Electronics manufacturing
Anta Sports Consumer goods Clothing & accessories Jinjiang 1994 Sportswear
Baidu Technology Internet Beijing 2000 Web services
Bank of China Financials Banks Beijing 1912 State-owned bank
Bank of Communications Financials Banks Shanghai 1908 Bank
China Baowu Steel Group Basic materials Iron & steel Shanghai 1978 Steel
BBK Electronics Consumer goods Consumer Electronics Dongguang 1998 Smartphones
Bosideng Consumer goods Clothing & accessories Shanghai 1975 Apparel
Brilliance Auto Consumer goods Automobiles Shenyang 1991 Automobiles
BYD Auto Consumer goods Automobiles Xi'an 2003 Automobile, bus, etc.
Changan Automobile Consumer goods Automobiles Chongqing 1962 State-owned automotive
Changhe Consumer goods Automobiles Jingdezhen 1970 Automobiles
Changhong Consumer goods Durable household products Mianyang 1958 Appliances
Changhong Technology Basic materials Commodity chemicals Shenzhen 1987 Plastic
Cheers Wines Consumer Goods Wines Beijing 2011 Wines
ChemChina Basic materials Speciality chemicals Beijing 1984 Chemicals
Chery Automobile Consumer goods Automobiles Wuhu 1997 Automobiles
Chicecream Consumer staples Food producers Shanghai 2018 Ice cream
China Clean Energy Basic materials Specialty chemicals Fuqing 1995 Specialty chemicals, Energy
China Communications Construction Industrials Heavy construction Beijing 2005 Construction
China Construction Bank Financials Banks Beijing 1954 Bank
China COSCO Shipping Industrials Marine transportation Shanghai 2016 Formed from COSCO and China Shipping Group
China Dongxiang Consumer goods Clothing & accessories Beijing 2007 Sportswear
China Eastern Airlines Consumer services Airlines Shanghai 1988 Airline
China Electronics Corporation Consumer goods Consumer electronics Shenzhen 1989 Computer software
China Housing and Land Development Financials Banks Xi'an 1992 Real estate
China International Marine Containers Industrials Marine transportation Shenzhen 1980 Shipping, logistics
China Life Insurance Company Financials Life insurance Beijing 1949 Life insurance
China Medical Technologies Health care Medical technology Beijing 2004 Medical devices
China Merchants Bank Financials Banks Shenzhen 1987 Bank
China Merchants Energy Shipping Industrials Marine transportation Shanghai 2004 Shipping line
China Metal Recycling Industrials Waste & disposal services Guangzhou 2000 Recycling
China Minmetals Basic materials Metals & minerals Beijing 1950 Trading
China Mobile Telecommunications Mobile telecommunications Beijing 1997 State-owned mobile
China National Building Material Industrials Building materials Beijing 1984 Construction
China National Erzhong Group Industrials Diversified industrials Deyang 1958[3] Forge and metal working
China National Nuclear Corporation Energy Nuclear power Beijing 1955 Nuclear technology
China National Offshore Oil Corporation Oil & gas Exploration & production Beijing 1982 Oil company
China National Petroleum Corporation Oil & gas Exploration & production Beijing 1988 State-owned oil & gas
China Nepstar Health care Pharmaceuticals Shenzhen 1995 Pharmacy chain
China Netcom Technology Internet Beijing 1999 Internet, defunct 2008
China Pabst Blue Ribbon Consumer goods Brewers Zhaoqing 1988 Brewery
China Poly Group Conglomerate Fine arts Beijing 1999 auctions
China Post Industrials Delivery services Beijing 1997 Postal service, shipping
China Railway Industrials Rail transport Beijing 2013 Passenger rail
China Resources Consumer goods Conglomerate Shenzhen 1938 -
China Shipping Group Industrials Marine transportation Beijing 1997 Merged into China COSCO Shipping
China Southern Airlines Consumer services Airlines Guangzhou 1988 Airline
China State Construction Engineering Industrials Heavy construction Beijing 1957 State construction and contracting
China Telecom Telecommunications Fixed line telecommunications Beijing 2000 State-owned communications
China Three Gorges Corporation Utilities Alternative electricity Beijing 1993 Principal for the Three Gorges Dam
China Tobacco Consumer goods Tobacco Beijing 1982 Tobacco
China Unicom Telecommunications Mobile telecommunications Beijing 1994 State-owned mobile network
China Universal Financials Investment services Shanghai 2005 Investment management
China Wu Yi Industrials Heavy construction Fuzhou 1994 Construction
China Zhongwang Basic materials Aluminum Liaoyang 1993 Aluminum
Chunlan Group Industrials Electronic equipment Taizhou 1985 Air conditioners, engines
CITIC Group Financials Investment services Beijing 1979 Investment management
CNHLS Consumer services Restaurants & bars Fuzhou 1994 Fast food chain
COFCO Group Consumer goods Food processing Beijing 1949 Food
Comac Industrials Aerospace Shanghai 2008 Aircraft
Commercial Press Consumer services Publishing Beijing 1897 Publishing
COSCO Industrials Marine transportation Beijing 1961 Shipping line, now China COSCO Shipping
CRRC Industrials Railroads Beijing 2015 Railway transport
CSG Holding Industrials Glass Shenzhen 1984 Glass
Dalian Hi-Think Computer (DHC) Industrials Business support services Dalian 1996 Outsourcing
Dashang Group Consumer services Broadline retailers Dalian 1995 Department stores
Dayun Group Industrials Automobiles Yuncheng 1987 Engines, trucks, motorcycles, etc.
Dicos Consumer services Restaurants & bars Chengdu 1994 Fast food
Dongfeng Motor Corporation Consumer goods Automobiles Wuhan 1969 State-owned automotive
DXY.cn Technology Internet Zhenjiang 2000 Online community
Eisoo Technology Internet Shanghai 2006 cloud computing
Eno Consumer goods Clothing & accessories Shanghai 2006 Apparel
ERKE Consumer goods Clothing & accessories Quanzhou 2000 Sportwear
FAW Group Consumer goods Automobiles Changchun 1953 State-owned automotive
Feicheng Acid Chemicals Basic materials Specialty chemicals Feicheng 1994 Chemicals
Feiyue Consumer goods Footwear Shanghai 1920 Shoes
Foshan Haitian Consumer goods Food products Foshan 1955 Food
Founder Group Technology Computer services Beijing 1986 Information technology, part of Peking University
Fushi Copperweld Industrials Electronic equipment Beijing 1915 Electrical conductors
GAC Group Consumer goods Automobiles Guangzhou 1997 State-owned automotive
Geely Consumer goods Automobiles Hangzhou 1986 Automobiles
Gome Consumer services Specialty retailers Beijing 1987 Appliance retailer
GMY Lighting Technology Lights and lighting technolgoy Technology Heshan, Guangdong 1998 Specialty lighting components
Great Leap Brewing Consumer goods Brewers Beijing 2010 Microbrewery
Gree Electric Consumer goods Durable household products Zhuhai 1989 Appliances
GreenTree Inns Consumer services Hotels Shanghai 2004 Hotel chain
Gushan Environmental Energy Oil & gas Exploration & production Fuzhou 2001 Energy
Hafei Industrials Electronic equipment Harbin 1950 Engines, trucks
Haier Consumer goods Durable household products Qingdao 1984 Consumer electronics, home appliances
Hainan Airlines Consumer services Airlines Haikou 1993 Airline
Hangzhou Wahaha Group Consumer goods Soft drinks Hangzhou 1987 Beverages
Harbin Brewery Consumer goods Brewers Harbin 1900 Brewery
Harbin Pharmaceutical Group Health care Pharmaceuticals Shanghai 1988 Pharmaceuticals
Hasee Consumer goods Consumer electronics Shenzhen 1995 Computers, tablets, mobile phones
Hefei Meiling Consumer goods Durable household products Hefei 1992 Appliances
Hengan Basic materials Paper Jinjiang 1985 Paper
Hisense Consumer goods Consumer electronics Qingdao 1969 Consumer electronics, home appliances, mobile phones
HiSilicon Technology Semiconductors Shenzhen 2004 Semiconductors, part of Huawei
Huawei Consumer goods Consumer electronics, Telecommunications equipment Shenzhen 1987 Computers, mobile phones, tablets, telecommunication equipment
Huayi Brothers Media Corporation Consumer services Broadcasting & entertainment Beijing 1994 Media
Huiyuan Juice Consumer goods Soft drinks Beijing 1992 Privately owned juice and beverage
Hytera Industrials Electronic equipment Shenzhen 1993 Radios and telecommunications
Industrial and Commercial Bank of China Financials Banks Beijing 1984 Commercial bank
Inspur Technology Computer services Jinan 2000 IT
JDB Group Consumer goods Soft drinks Dongguan 1995 Beverage
Jiangling Motors Consumer goods Automobiles Nanchang 1952 Automotive
Jiangsu Hengrui Health care Pharmaceuticals Lianyungang 1997 Pharmaceuticals
Jianlibao Group Consumer goods Soft drinks Foshan 1984 Soft drink
Jiuguang Department Store Consumer services Broadline retailers Shanghai 2004 Retail
Joyoung Consumer goods Durable household products Jinan 1994 Home appliances
JXD Industrials Electronic equipment Shenzhen 1995 Consumer electronics and games
Kingsoft Technology Software Beijing 1989 Software
Kingway Brewery Consumer goods Brewers Shenzhen 1990 State-owned brewery
Lenovo Consumer goods Consumer electronics Hong Kong 1984 Computers, tablets, mobile phones
Li-Ning Consumer goods Footwear Beijing 1990 Sporting goods
Little Sheep Group Consumer services Restaurants & bars Baotou 1999 Restaurants, condiments
LiuGong Industrials Industrial machinery Liuzhou 1993 Machinery
Loncin Holdings Consumer goods Automobiles Chongqing 1983[4] Motorcycles
Lonking Industrials Commercial vehicles & trucks Longyan 1993 Construction machinery
Mailman Group Technology Internet Shanghai 1999 Technology and social media agency
Maoye International Consumer services Broadline retailers Shenzhen 1996 Department stores
Meizu Consumer goods Telecommunications equipment Zhuhai 2003 Mobile phones
Mengniu Dairy Consumer goods Food products Hohhot 1995 Dairy products, ice cream
Meters/bonwe Consumer goods Clothing & accessories Shanghai 1995 Apparel
Midea Group Consumer goods Durable household products Beijiao 1968 Appliances
Mingyang Wind Power Utilities Alternative electricity Zhongshan 2006 Wind power
Miniso Consumer services Broadline retailers Guangzhou 2011 Low-cost variety stores
Mr. Lee Consumer services Restaurants & bars Beijing 1988 Fast food
Nanjing Automobile Consumer goods Automobiles Nanjing 1947 State-owned automotive
Neusoft Technology Software Shenyang 1991 Software
Ningbo Bird Telecommunications Mobile telecommunications Fenghua District 1992 Mobile phones
Opple Lighting Industrials Building materials & fixtures Zhongshan 1996 Lighting
Panda Electronics Consumer goods Consumer electronics Nanjing 1936 Consumer electronics
Peak Sport Products Consumer goods Clothing & accessories Quanzhou 1989 Sportswear
Pearl River Piano Group Consumer goods Recreational products Guangzhou 1956 Pianos
People's Insurance Company of China Financials Full line insurance Beijing 1949 Insurance
Ping An Bank Financials Banks Shenzhen 1995 Bank, part of Ping An Insurance
Ping An Insurance Financials Full line insurance Shenzhen 1988 Insurance
Qihoo 360 Technology Software Beijing 2005 Software
Qinghai Huading Industrial Industrials Industrial machinery Xining 1998 Mechanical products
SAIC-GM Consumer goods Automobiles Shanghai 1997 Joint venture with General Motors (US) and SAIC Motor
SAIC Motor Consumer goods Automobiles Shanghai 2011 Automobiles
Sany Industrials Industrial machinery Changsha 1989 Machinery
SDLG Industrials Industrial machinery Linyi 1972 Machinery, joint with Volvo Construction Equipment (Sweden)
Septwolves Consumer goods Clothing Jinjiang 1990 Clothing
SF Express Industrials Delivery services Shenzhen 1993 Logistics
Shaanxi Automobile Group Industrials Commercial vehicles & trucks Xi'an 1968 Trucks, buses
Shaanxi Yanchang Petroleum Oil & gas Exploration & production Xi'an 1905 State-owned oil & gas
Shanghai Film Group Corporation Consumer services Broadcasting & entertainment Shanghai 2001 Film production
Shanghai Pharmaceuticals Health care Pharmaceuticals Shanghai 1994 Pharmaceuticals
Shanghai Pudong Development Bank Financials Banks Shanghai 1993 Commercial bank
AVIC Industrials Aerospace and defense Beijing 1951 Aircraft
Shenzhen Airlines Consumer services Airlines Shenzhen 1992 Airline
Shenzhen Energy Utilities Conventional electricity Shenzhen 1993 Power generation
Shenzhen Media Group Consumer services Broadcasting & entertainment Shenzhen 2004 Television and radio
Shinho Consumer goods Food products Yantai 1992 Food
Shougang Basic materials Iron & steel Beijing 1919 Steel
Shui On Land Financials Real estate holding & development Shanghai 2004 Real estate
Sichuan Airlines Consumer services Airlines Chengdu 1986 Airline
Simcere Pharmaceutical Health care Pharmaceuticals Nanjing 1995[5] Generic drug manufacturer
Sinoenergy Oil & gas Exploration & production Qingdao 2004 Natural gas
Sinopec Oil & gas Exploration & production Beijing 2000 Oil company
Sinopharm Group Health care Pharmaceuticals Shanghai 1998 Pharmaceuticals, traditional medicine
Sinosteel Basic materials Iron & steel Beijing 1993 Iron, steel
Sinovac Biotech Health care Pharmaceuticals Beijing 1999 Research, development, manufacture and commercialization of vaccines
Skyworth Consumer goods Consumer electronics Shenzhen 1988 Consumer electronics
SmithStreetSolutions Industrials Business support services Shanghai 2007 Consulting
State Grid Corporation of China Utilities Conventional electricity Beijing 2002 Former State Power, national electric company
Suning Commerce Group Consumer services Broadline retailers Nanjing 1990 Retail
Suntech Power Industrials Electronic equipment Wuxi 2001 Photovoltaics (solar cell) manufacturer
Suzhou Synta Optical Technology Consumer goods Recreational products Suzhou 1988 Telescopes, optics, part of Synta Technology Corporation of Taiwan
TCL Technology Consumer goods Consumer electronics Huizhou 1981 Consumer electronics
Telesail Technology Telecommunications Fixed line telecommunications Beijing 2005 Telecom equipment, services
Tencent Conglomerates Internet services, software, entertainment, artificial intelligence, technology Shenzhen 1998 Internet, software, mobile phones, online advertising, online gaming
Tianan Insurance Financials Full line insurance Shanghai[6] 1994 Insurance
Tianjin FAW Consumer goods Automobiles Tianjin 1965 Automobiles
Tongrentang Health care Pharmaceuticals Beijing 1669 Pharmaceuticals, traditional medicine
Topray Solar Utilities Alternative electricity Shenzhen 1999 Solar energy
TP-Link Technology Telecommunications equipment Shenzhen 1996 Computer networking devices
Trands Consumer goods Clothing & accessories Dalian 1995 Menswear
Tsingtao Brewery Consumer goods Brewers Qingdao 1903 Brewery
UnionPay Financials Consumer services Shanghai 2002 Financial services
Vanke Financials Real estate holding & development Shenzhen 1984 Real estate
Vinda International Basic materials Paper Xinhui District 1985 Paper, part of Essity
Vsun Technology Telecommunications equipment Shenzhen 2011 Mobile phones
Wanda Group Conglomerates - Beijing 1988 Property developer, real estate, hospitality, retail, tourism, culture
Wumart Consumer goods Food retailers & wholesalers Beijing 1994 Food retailer
WuXi PharmaTech Health care Pharmaceuticals Shanghai 2000 Laboratory and manufacturing services
XCMG Industrials Industrial machinery Xuzhou 1989 Machinery
Xiaomi Technology Consumer electronics Beijing 2010 Mobile phones
Xtep Consumer goods Clothing & accessories Quanzhou 2001 Sporting goods
Yili Group Consumer goods Food products Hohhot 1993 Dairy and ice-cream
Yonyou Technology Software Beijing 1988 Software
Yutong Group Industrials Commercial vehicles & trucks Zhengzhou 1963 Bus manufacturing
Zhongjin Gold Basic materials Gold mining Beijing 2000[7] Gold mining
Zhongjin Lingnan Basic materials Nonferrous metals Shenzhen 1984 Metal
Zhujiang Beer Consumer goods Brewers Guangzhou 1985 Brewery
Zoomlion Industrials Industrial machinery Changsha 1992 Heavy machinery
ZTE Technology Telecommunications equipment Shenzhen 1985 Telecom equipment
ZX Auto Consumer goods Automobiles Baoding 1999 Automobiles

See also


  1. ^ White, Garry (10 February 2013). "China trade now bigger than US". The Daily Telegraph. London. Retrieved 15 February 2013.
  2. ^ "Fortune Global 500 – The largest companies in the world by revenue". Fortune. Retrieved 19 January 2024.
  3. ^ "China National Erzhong Group Co., Ltd.: Private Company Information". Bloomberg. Retrieved 25 November 2017.
  4. ^ "Company History". loncin. 18 August 2014. Retrieved 25 November 2017.
  5. ^ "Simcere Pharmaceutical Group.: Private Company Information". Bloomberg. Retrieved 25 November 2017.
  6. ^ "Tianan Property Insurance Co., Ltd.: Private Company Information". Bloomberg. Retrieved 25 November 2017.
  7. ^ "Zhongjin Gold on the Forbes Global 2000 List". Forbes.com. Retrieved 25 November 2017.