Aviation industry corporation of china (hereinafter referred to as "AVIC") is a state-owned super-large enterprise managed by the central government and an institution authorized by the state to invest. It was formed by the reorganization and integration of the first and second group companies of China Aviation Industry. The group company has national defense, transport aircraft, engines, helicopters, airborne equipment and systems, general aircraft, aviation research, flight test, trade logistics, asset management, engineering planning and construction, automobiles and other industrial sectors, with more than 200 member units, more than 20 listed companies and about 400,000 employees. On July 8, 2009, Fortune magazine published the latest ranking of the world's top 500 enterprises. AVIC was successfully selected for the first time, ranking 426th, becoming the first China aviation manufacturing enterprise and China military enterprise to enter the world's top 500 enterprises. In 20 10, AVIC was once again selected into Fortune Global 500, ranking 330th, up 96 places from 2009.
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