List of Major Chinese Companies
Based on Fortune Global 500, there are the top twenty-five big companies in China. It creates a list of the ranking companies worldwide by how much money they make each year. Here are the detailed list of Major Chinese Companies as mentioned below.
| Rank | Name | Headquarters | Revenue (US$M) | Employees |
|---|---|---|---|---|
| 1 | State Grid Corporation of China | Beijing | 460,616.9 | 871,145 |
| 2 | China National Petroleum Corporation | Beijing | 411,692.9 | 1,090,345 |
| 3 | Sinopec | Beijing | 401,313.5 | 542,286 |
| 4 | China State Construction Engineering | Beijing | 293,712.4 | 368,327 |
| 5 | Industrial and Commercial Bank of China | Beijing | 209,000.4 | 434,089 |
| 6 | China Construction Bank | Beijing | 200,434.0 | 375,531 |
| 7 | Ping An Insurance | Shenzhen | 199,629.4 | 355,982 |
| 8 | Agricultural Bank of China | Beijing | 181,411.7 | 455,174 |
| 9 | Sinochem | Beijing | 172,260.3 | 220,760 |
| 10 | China Railway Engineering Corporation | Beijing | 166,452.1 | 310,817 |
| 11 | China Railway Construction Corporation | Beijing | 158,203.0 | 366,833 |
| 12 | China Life Insurance Company | Beijing | 157,095.3 | 182,646 |
| 13 | Bank of China | Beijing | 152,409.3 | 306,322 |
| 14 | Baowu | Shanghai | 150,730.0 | 230,884 |
| 15 | JD.com | Beijing | 147,526.2 | 385,357 |
| 16 | Alibaba Group | Hangzhou | 132,935.7 | 254,941 |
| 17 | China Mobile | Beijing | 131,913.4 | 451,331 |
| 18 | China Minmetals | Beijing | 131,800.4 | 193,965 |
| 19 | China Communications Construction Company | Beijing | 130,664.1 | 220,519 |
| 20 | China National Offshore Oil Corporation | Beijing | 126,920.1 | 80,957 |
| 21 | SAIC Motor | Shanghai | 120,900.2 | 146,145 |
| 22 | Shandong Energy | Jinan | 120,012.3 | 243,124 |
| 23 | China Resources | Shenzhen | 119,601.2 | 362,706 |
| 24 | Hengli Group | Suzhou | 113,536.0 | 121,430 |
| 25 | Amer International Group | Shenzhen | 112,049.2 | 22,398 |
List of Major Chinese Companies and Conglomerates
State Grid is China’s biggest company. It ranks as the third in revenue after Walmart and Saudi Aramco in the world. With 871,145 employees and 1.1 billion customers, it became the world’s largest utility company in 2023. Fortune and Forbes regularly list China’s biggest companies based on revenue, net profit, and assets. In 2022, Fortune’s Global 500 listed 145 Chinese companies. But in 2023, it dropped to 135 which marks the first time decline in 15 years.
We have curate the list of major Chinese companies and conglomerates in table below.