Industry Happy Event: China'S Three Textile And Garment Companies Are Listed In The 500 List

The number of Chinese companies on the list increased for the 15th consecutive year, from 115 last year to 120 this year.

On the evening of July 19, Fortune magazine released a new issue of the world's top 500.

The number of Chinese companies on the list increased for the 15th consecutive year, from 115 last year to 120 this year. There are three enterprises involved in textile and clothing, namely, Shandong Weiqiao Venture Group Co., Ltd., which ranks 185th, Hengli Group, which ranks 235th, and Xinxing Jihua Group, which ranks 381.

It is understood that the number of Chinese companies on the list is very close to that of the United States (126), far exceeding that of Japan (52). No other country has seen such rapid growth in the number of enterprises since 1995, when both industrial and service enterprises were included in the Fortune 500 list.

In addition, for the first time in 2017, Tencent and Tencent, which are listed in the top of the list of China's central enterprises and China Merchants Group, will continue to gain the top performance in 2017, such as Alibaba and Tencent, which are the first time that China's enterprises such as Tencent and China Merchants group have been ranked high-speed.

In addition to China Merchants Group, there are also cedar holdings, Xiangyu Group, Yankuang Group, Anshan Iron and Steel Group, Shougang Group, Weichuang group, CNPC of Taiwan, China Taiping Insurance Group, Fubang Financial Holdings, Taikang Insurance Group, Henan energy chemical group and Qingdao Haier. The largest number of insurance companies were on the list (3). Qingdao Haier is the only new Chinese company in the electronic and electronic equipment industry.

Wal Mart has become the world's largest company for the fifth year in a row. It and three Chinese enterprises, State Grid, Sinopec and PetroChina, continue to rank in the top four, with no change in ranking. The top 10 Chinese companies in the top 10 are still the top four banks in China. Apple is still at the top of the profit list, followed by British American Tobacco Group, which rejoined the world's top 500 this year, with a profit margin of 185%. The top 10 Chinese companies in the top 10 are still the top four banks in China.

Fortune also pointed out that the industrial restructuring of Chinese enterprises is obviously facing great challenges. As a reference, in 2018, there were no real estate, engineering and construction and metal smelting enterprises in the United States, but there were many large companies in it, life and health and food related fields; China is in contrast with this. In particular, in the industries closely related to people's life and health, such as health / food wholesale, insurance managed medical care, food production and processing, and entertainment, there are companies from the United States, Europe, Japan, Brazil and other countries, but China has no enterprises on the list.