Sinopec, PetroChina and State Grid became the largest companies in China this year, according to the latest Fortune ranking of the world's top companies in 2013.
Sinopec, with revenues of US$428.17 billion, remained the largest Chinese company on the 2013 list, closely followed by the US$408.63 billion of PetroChina and the US$298.45 billion of State Grid.
The past year also saw an unprecedented performance of Chinese companies on the global market, with 95 enterprises squeezing their way onto the 2013 Fortune's Global 500 list. Total revenues of these Chinese companies reached US$5.2 trillion, accounting for 17 percent of the total number of the Global 500.
The 16 Chinese newcomers include Taipei-based Pegatron Corporation, China Minsheng Banking and Beijing Automotive Group.
Also read: Top 10 companies in the world 2013
Here follows how the top 10 Chinese companies rank on this year's Global 500 list:
Noble Group (來寶集團(tuán))
Noble Group |
Global Rank: 76
2012 rank: 91
Revenues: US$94.04 billion; change from previous year: 16.5%
Profits: US$471.3 million; change from previous year: 9.3%
Assets: US$19.7 billion
Stockholder equity: US$5.14 billion
CEO: Yusuf A. Alireza
Employees: 15,000
Headquarters: Hong Kong