On the evening of July 9th, Fortune magazine published the list of the world's top 500 enterprises in 2008 on its website. Compared with last year, the top three companies this year have not changed much, namely Wal-Mart, ExxonMobil and Royal Shell. China enterprises, on the other hand, achieved the best results in history, with 35 listed enterprises (25 in the Mainland, 4 in Hongkong and 6 in Taiwan Province Province). Among them, China Petrochemical became the highest ranked enterprise in China with 16.
Judging from this year's list, American companies are bleak. The number of listed companies dropped from 162 last year to 153, the worst performance in 10 years. Among them, the ranking of American financial enterprises struggling in the credit crisis dropped sharply, and the ranking of American national financial companies just acquired by Washington Mutual Bank and Bank of America dropped by 70 places. American consumer goods companies are also affected. Leisure clothing retailers GAP and Nike were even excluded from the list. In addition, several "biggest losers" were directly impacted by the rising oil price and the American economic recession, such as Ford Motor Company, Delta Air Lines, General Motors and Coca-Cola.
"BRIC"-China, Indian, Russian and Brazil, many companies entered the top 500 because of the prosperity of the oil and steel industries. China has achieved the best results over the years, with 35 companies shortlisted; Among the other three countries, India has seven companies on the list, while Russia and Brazil each have five.
"BRIC"-China, Indian, Russian and Brazil, many companies entered the top 500 because of the prosperity of the oil and steel industries. China has achieved the best results over the years, with 35 companies shortlisted; Among the other three countries, India has seven companies on the list, while Russia and Brazil each have five.
In addition to resource enterprises, there are many domestic banks and insurance companies, such as China Industrial and Commercial Bank, China Bank, China Construction Bank and China Life Insurance. Interestingly, many enterprises in China entered the list of "the fastest rising". China Railway Construction, China Tiegong and China Construction Engineering Company all "run forward" at a speed above 100. These enterprises belong to the "most worthwhile investment industries", including oil and gas equipment, mineral and crude oil production, engineering construction and so on.
Not only China, but also the whole Asian economy has made amazing progress this year, with 124 enterprises on the list. Among the top 200 companies in the world, 39 are from Asia. However, there are also views that because the development of many companies depends on exports to the United States, the decline in demand in the United States may bring crisis to the current prosperity. In addition, the double-digit inflation rate in emerging economies is likely to force the central banks of these countries to raise interest rates, leading to economic recession.
Ranked company logo Chinese common name headquarters main business income of millions of dollars.
1 US Wal-Mart Stores Retail 378,799
2 ExxonMobil American Refinery 372,824
Royal Shell Oil Company/Dutch Refining Company 355,782.
4 BP British Refinery 29 1.438
5 Toyota Motor Japan Automobile 230,201
6 Chevron American Refinery 2 10/0,783
7 ING Dutch insurance 20 1, 5 16
Total of 8 French refineries 187280
9 GM American Automobile 182347
10 ConocoPhillips American Refinery
1 1 Daimler Germany 177, 167
12 ge American diversification 176656
13 Ford motor company of America
14 Fortis Bank Belgium /ABN Bank of America 164877
15 AXA France Insurance 162762
16 China Petrochemical China Refinery 159260
17 Citigroup Bank of America 159229
18 Volkswagen 149054
19 Dexia Belgium Bank
20 HSBC Holdings Bank of England 146500
2 1 BNP Paribas
22 Allianz Germany Insurance140,618
23 agricultural credit bank BNP Paribas 138, 155
24 State Grid China Electric Power132,885
25 China Oil and Gas China Refinery 129798
26 Deutsche Bank
27 Eni Italy Refinery120,565
28 bank of America bank of America 1 19, 190.
29 at&t, American telecom 1 18928.
30 Berkshire Hathaway American Insurance Company 1 18245
3 1 UBS ag117,206
32 Bank of JPMorgan Chase 1 16353.
33 Carrefour French Food and Drug Store 1 15585
34 Zhongli Insurance Italy Insurance113,813
35 American International Group American Insurance 1 10064
36 Royal Bank of Scotland Bank of England 108392
Siemens German Electronic and Electrical Equipment 106444
38 Samsung Electronics Korea Electronic and Electrical Equipment 106006
39 ArcelorMittal Luxemburg Metal Company105,216
40 Honda Motor Japan Automobile 105, 102
4 1 HP American computer office equipment 104286
42 Mexican crude oil output of Petromex 103960
43 Societe Generale (Societe Generale) BNP Paribas 103443
44 mckesson American Health Products Wholesale 10 1.703
45 Halifax Bank of Scotland Bank of England 100267
46 international business machines American computer office equipment 98,786
47 Russian natural gas industry Russian energy 98,642
48 Hitachi Japan electronic and electrical equipment 98,306
49 Valero Energy Company US Refinery 96,758
50 Nissan cars and 94,782 Japanese cars
China in 2008, can't find only 2007.
Name of enterprise with operating income ranking (10,000 yuan)
1 China Petrochemical Group 106466742
2 China Oil and Gas Group Company 89380643
3 State Grid Corporation 85452374
4 China Industrial and Commercial Bank of China Limited by Share Ltd 29089700
5 China Mobile Communications Corporation 2863 1777
6 Bank of China 242 19200
7 China Southern Power Grid Corporation 22295670
8 China Life Insurance (Group) Company 20984606
9 China Telecom Group Company 19764546
10 agricultural bank 195 12800
1 1 China Sinochem Group 18423495
12 Baosteel group co., ltd. 18068 12 1
13 China Railway Engineering Corporation 1635964 1
China Construction Bank Corporation 15 159300
15 China railway construction 14936825
16 China faw group company 149 169 14
17 An Baili group company 14823300
18 China State Construction Engineering Corporation 1448042 1
19 Shanghai Automotive Industry (Group) Corporation 4358363
20 COFCO corporation limited 143 12948
2 1 Dongfeng Motor Corporation 14 168729
22 Legend Holdings Limited 13894689
23 China Minmetals Corporation 1347504 1
24 China Offshore Oil Corporation 13236357
25 China Ocean Shipping (Group) Corporation 12288250
26 China development bank 1 17 18722
China Communications Construction Group Co., Ltd.11499171
28 Haier Group Company 10750597
29 China aluminum company 1060658 1
30 China Ordnance Industry Corporation 1059586 1
3 1 China Ordnance Equipment Corporation10110601
32 China Network Communications Corporation 9686 156
33 China Resources (Group) Co., Ltd. 9 13 1620
34 China Metallurgical Science and Industry Corporation 9076335
35 China Ping An Insurance (Group) Co., Ltd. 8794300
36 Shougang Corporation 8747000
37 Gome Electrical Appliances Co., Ltd. 8693036
38 China Huaneng Group Corporation 84 15479
39 Shenhua Group Limited Liability Company 836325 1
40 China United Communications Co., Ltd. 82 14035
4 1 China Aviation Industry Corporation No.1 8209 168
42 China CITIC Group Corporation 8 13366 1
43 Motorola (China) Electronics Co., Ltd. 7883664
Tianjin Zhonghuan Electronic Information Group Co., Ltd. 757 19 17
Guangzhou Automobile Industry Group Co., Ltd. 7322 178
46 Tangshan Iron and Steel Group Co., Ltd. 72 1 1076
47 China People's Insurance Company Limited 7 134800
48 Anshan Iron and Steel Group Company 7069 168
49 China Datang Corporation 7029854
50 Bank of Communications Limited by Share Ltd 6923800
5 1 Huawei Technologies Co., Ltd. 65880 16
52 Shanghai Electric (Group) Company 6557400
53 China Railway Materials Corporation 653324 1
54 China Post Group Company 649307 1
55 China Shipbuilding Industry Corporation 6445097
56 BOE Technology Group Co., Ltd. 63 12 120
57 China Shipping (Group) Corporation 6 16787 1
58 China Electronics and Information Industry Corporation 6 1 13053
59 Suning Appliance Co., Ltd.6095237
60 China sinosteel Company 6077750
6 1 Beijing Automotive Industry Holding Co., Ltd. 6075062
62 China Guodian Corporation 5962545
63 Jiangsu Shagang Group Co., Ltd.5877232
64 China Aviation Oil Corporation 5730789
65 Zhejiang Products Group Company 56809 14
66 WISCO (Group) Company 5567 12 1
67 China China Coal Group Corporation 5352394
68 Taiyuan Iron and Steel (Group) Co., Ltd.5343272
69 Tianjin Materials Group Company 5286776
70 Tianjin Automobile Industry (Group) Co., Ltd.5256985.
7 1 Midea Group Co., Ltd. 5 174394
72 Shandong Wei Qiao Venture Group Co., Ltd. 5032027
73 Shanghai Construction Engineering Group Company 502098 1
74 Philips (China) Investment Co., Ltd. 5000000
75 TCL Corporation Limited by Share Ltd 4859829
76 China Power Investment Corporation 4806763
77 China Airlines Group Company 4776609
78 China Machinery Industry Group Corporation 47 17737
79 China Foreign Trade Transportation (Group) Company 47 13322
80 China Southern Airlines Limited by Share Ltd 4704700
8 1 China Aviation Industry Corporation II 469853 1
82 Jinan Iron and Steel Group Company 443858 1
Laiwu Iron and Steel Group Co., Ltd.4436649
84 Hisense Group Limited 4353344
85 Zhuhai Rong Zhen Company 4338244
86 China Aerospace Science and Industry Corporation 4278457
87 Beijing Railway Bureau 42 16646
88 Bright Food (Group) Co., Ltd. 4 1329 10
89 China Water Conservancy and Hydropower Construction Group Corporation 4094286
90 Heilongjiang Beidahuang Agricultural Reclamation Group Company 409 1975
9 1 Hongta Tobacco (Group) Co., Ltd. 40798 10
92 Shanxi Coal Transportation and Marketing Corporation 403034 1
93 Shaanxi Yanchang Petroleum (Group) Co., Ltd.4028250
94 Jiangsu Huaxi Group Company 402 1234
95 Guangdong Material Group Company 3898503
96 Shenyang Railway Bureau 389056 1
97 Shanghai Fosun High-tech (Group) Co., Ltd.3853200
98 Panzhihua Iron and Steel (Group) Company 3844247
99 Zhejiang Xinghe Group Company 3833000
100 China merchants bank 3803845
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