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the top 500 chinese companies in 2024 are released! state grid, sinopec and petrochina rank in the top three

2024-09-11

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on september 11, the china enterprise confederation and the china entrepreneur association publicly released the "top 500 chinese enterprises" list for the 23rd consecutive time.

the operating revenue of the top 500 chinese companies in 2024 has reached a new level of 110 trillion yuan for the first time, and the entry threshold has risen for 22 consecutive years. the number of companies with operating revenue exceeding 100 billion yuan accounts for more than 50%, and 16 companies have operating revenue exceeding 1 trillion yuan.

data source: china enterprise confederation, china entrepreneurs association

16 companies' operating revenue exceeded rmb 1 trillion

among the top 500 chinese companies in 2024, 253 companies have operating revenues exceeding 100 billion yuan, accounting for more than 50%; 16 companies have operating revenues exceeding 1 trillion yuan. among them, state grid corporation of china and china petrochemical corporation have operating revenues exceeding 3 trillion yuan; china national petroleum corporation and china construction corporation have operating revenues exceeding 2 trillion yuan.

total r&d investment exceeded 1.8 trillion yuan

the top 500 chinese companies in 2024 (463 companies) invested a total of 1,813.734 billion yuan in research and development, an increase of 235 billion yuan on a like-for-like basis, or 14.89%.

which industries have the largest number of shortlisted companies?

the industrial structure of china's top 500 enterprises has been continuously optimized, and the number of advanced manufacturing and modern service industry enterprises has continued to increase. among the top 500 chinese enterprises in 2024, there are 264 manufacturing enterprises, 165 service enterprises, and 71 other industries. among the top 500 chinese enterprises in 2024, the number of enterprises in new energy equipment manufacturing, power and energy storage batteries, communication equipment and computer manufacturing, semiconductor and panel manufacturing has reached 31. in the past five years, there has been an increase of 18 enterprises.

which regions have the largest number of shortlisted companies?

the top 500 chinese companies in 2024 are distributed in 30 provinces (autonomous regions and municipalities), and the five regions with the largest distribution are beijing, shandong, guangdong, zhejiang and jiangsu.

full list: