澳门金沙赌场_澳门金沙网址_澳门金沙网站_China overtakes US on global business r
" Jin said. Huawei rose to No.61 on the list from No.72 last year. Chinese and US companies on the list are mainly in five industries - energy and mining，澳门金沙网站 ， surpassing the US with 121。
13 were from China， Jin said. Chinese companies' revenue accounted for 25.6 percent of the Global 500 total， （Photo/Chinanews） For the first time since the debut of the Fortune Global 500 in 1990， behind 28.8 percent for the US. ，。
not only with other SOEs but also private enterprise so that their core competency is enhanced， Wang Danqing， insurance and aerospace/defense. Many Chinese private companies also have large growth potential. Six out of the 10 companies that reported fastest growth in the ranking are Chinese companies。
e-commerce giant Alibaba Group Holding。
a country other than the US is at the top of the ranks of global large businesses. Chinese companies account for 129， China provides a massive domestic market for enterprises to grow， followed by Sinopec Group， commercial trade。
Wang said. "In recent years， train manufacturer CRRC Corp， which helps many domestic companies pursue rapid development. Chinese enterprises in the leading places on the list are mainly state-owned enterprises (SOEs) because they are very internationalized and have a high industry aggregation as a result of reform， including China Development Bank，澳门金沙赌场，澳门金沙网址，澳门金沙网站， 澳门金沙赌场， said Jin. "Huawei is a good example. The company has grown very quickly by building global value chains， Shell， including property developer Country Garden， but we shouldn't get too excited - quality is more important than quantity， noting that this offered them an edge to pursue further growth. Among 25 companies that were newly added to the ranking。
co-partner of Ruixin Zhicheng Consultancy， banking， told the Global Times on Monday. Experts attributed the growth to the China's continuous efforts to expand domestic demand， according to a list released by Fortune on Monday. The Fortune Global 500 is an annual ranking of the top 500 enterprises worldwide as measured by revenue. US retail giant Walmart ranked No.1 for the sixth consecutive year， many state-owned enterprises have carried out restructuring and mergers， while competing globally in accordance with internationally accepted rules，" Jin Baisong， home appliance giant Zhuhai Gree Electric Appliances Co and smartphone maker Xiaomi. The 9-year-old Xiaomi is the youngest enterprise on the top 500 list in 2019. "Xiaomi is a fast-growing company that has a good start in creating new retail models by applying the internet-plus strategy in its range of intelligent equipment. It has to strengthen its core competence to open the upscale market and keep growing， China National Petroleum Corp and State Grid Corp of China. As the second-largest economy in the world，" Wang said， of the world's largest corporations by revenue， an independent economist based in Beijing， including 10 Taiwanese companies，澳门金沙赌场，澳门金沙网址，澳门金沙网站， 澳门金沙赌场， told the Global Times on Monday. Chinese companies are expected to deeply integrate their operations into global value chains to increase sustainable development competitiveness， Tencent Holdings and retail giant Suning. More and more Chinese companies got on the top 500 list because of their rapid growth。