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Top 10 Largest Private Enterprises in China

2018-09-04 13:55:00 Source:China.org.cn Author:
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All-China Federation of Industry and Commerce (ACFIC) on Wednesday unveiled its latest ranking for 500 largest private enterprises in China.

The list was released at the 2018 Summit of China's Top 500 Private Enterprises held in Shenyang, the capital city of Northeast China's Liaoning province. This year, there were 104 new entrants compared with last year.

To be included in the latest list, an enterprise needed to have revenues exceeding 15.68 billion yuan (US$ 2.3 billion).

According to the list, nine private firms saw their revenues exceed 300 billion yuan in 2017. Of the top 500 private companies, 61 firms had assets surpassing 100 billion yuan, 11 more than in 2016.

China's top 500 largest private companies paid a total of 1.03 trillion yuan in tax, which made up 7.6 percent of the country's total tax revenue.

Below are the top 10 largest private enterprises in China in 2018:

 

 Dashang Group

All-China Federation of Industry and Commerce (ACFIC) on Wednesday unveiled its latest ranking for 500 largest private enterprises in China. [China.org.cn] Region: Liaoning province

Industry: Retail

Revenue: 280.81 billion yuan

 

Hengli Group

 

Hengli Group, one of the top 10 largest private enterprises in China in 2018 [Chinanews.com]

Region: Jiangsu province

Industry: Chemical

Revenue: 307.94 billion yuan

 

Gome Holdings

Gome Holdings, one of the top 10 largest private enterprises in China in 2018 [Chinanews.com]

Region: Beijing city

Industry: Retail

Revenue: 309.35 billion yuan

 

Evergrande

Evergrande, one of the top 10 largest private enterprises in China in 2018 [Xinhua]

Region: Guangdong province

Industry: Real Estate

Revenue: 311.02 billion yuan

 

Legend Holdings

Lenovo founder Liu Chuanzhi [Xinhua]

Region: Beijing city

Industry: Electric Equipment

Revenue: 316.26 billion yuan

 

Weiqiao Pioneering Group

 

Weiqiao Pioneering Group , one of the top 10 largest private enterprises in China in 2018 [Xinhua]

Region: Shandong province

Industry: Metallurgy

Revenue: 359.58 billion yuan

 

JD.com

JD.com , one of the top 10 largest private enterprises in China in 2018 [Xinhua]

Region: Beijing city

Industry: Internet

Revenue: 362.33 billion yuan

 

Amer International

All-China Federation of Industry and Commerce (ACFIC) on Wednesday unveiled its latest ranking for 500 largest private enterprises in China. [China.org.cn] Region: Guangdong province

Industry: Metallurgy

Revenue: 491.8 billion yuan

 

Suning

Suning , one of the top 10 largest private enterprises in China in 2018 [Chinanews.com]

Region: Jiangsu province

Industry: Retail

Revenue: 557.88 billion yuan

 

Huawei

Huawei, Suning and Amer International, included in the top 10 largest private enterprises in China in 2018 [China.org.cn]

Region: Guangdong province

Industry: Electric equipment

Revenue: 603.62 billion yuan

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