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How does a company enter the Fortune 500?

August 5, 2024

Fortune magazine released a new list of the world's top 500 companies.

This year's entry into the list is

That is, the minimum operating income.

It increased from US$30.9 billion in the previous year to US$32.1 billion.

In the past 10 years, the threshold for entering the Fortune Global 500 has risen by 35%.

Amid fierce competition in the global retail and e-commerce sectors,

Walmart once again took the top spot on the list.

Ranked first for the eleventh consecutive year.

Among the top ten figures on the list,

There are also Chinese companies such as State Grid, Sinopec, and CNPC.

This year, a total of 133 Chinese companies made the Fortune Global 500 list.

Among them, Chery, Hangshi Group, and Pinduoduo are on the list for the first time.

Hailiang Group and AIA have re-entered the list.

In terms of urban distribution,

Beijing has the largest number of companies on the list, with 49 in total.

Next are Shanghai, Shenzhen and Hangzhou.

A total of 22 companies from the Guangdong-Hong Kong-Macao Greater Bay Area were listed.

Distributed in 5 cities.

The highest ranking is China Ping An.

Ranked 53rd,

Revenue reached US$145.76 billion.

BYD has seen the biggest improvement.

Revenue in 2023 will increase by $22.1 billion over the previous year.

The ranking rose by 69 places.

In addition, the Fortune Global 500 list also shows the diverse industrial advantages of the Greater Bay Area.

The listed companies cover a variety of industries including finance, real estate, manufacturing, logistics, and technology.

In recent years, it has risen strongly in the advanced manufacturing industry.

Reflecting the Greater Bay Area’s industrial“Manufacturing + Technology + Finance”The trend of integrated development.

Fortune 500 list,

Recording the strong players in the global economy,

It also demonstrates the vitality and potential of the Greater Bay Area.

Produced by: Nancai International Communication Center 21 New Media Center Creative Interactive Center

Planning and coordination: Yu Xiaona, Ding Qingyun

Content Coordinator: Tan Ting and Xie Zhen

Editor-in-charge: Huang Xinran

Executive Coordinator: Huang Xinran

Design Coordinator: Lin Junming

Video Coordinator: Bai Yuhang

Producer: Shi Shi

English translation & dubbing: Li Yingliang

Overseas Operations Supervisor: Huang Yanshu

Overseas Operations Coordinator: Huang Zihao

Operation support: Zeng Jingjiao

Proofreading: Jiang Yun and Huang Zhiming