China's Top 100 Companies

To help investors gain a better understanding of the corporate sector in China, Standard & Poor's has conducted a statistical survey of the Top 100 listed corporations in the country. This is the third year that Standard & Poor's has reviewed these leading corporations. The selection criteria are based on the latest available revenue size.

(See "Sizing Up China's Corporate Elite" for the top outfits' growth outlooks. And check out BW Online's in-depth coverage of the yuan revaluation and its implications.)

Ranking

Company

Annual Sales (Mil. Yuan)

1

China Petroleum & Chemical

590,632

2

PetroChina

388,633

3

China Mobile

192,381

4

China Telecom

161,212

5

China United Telecommunications

79,332

6

China Netcom Group

64,922

7

Minmetals Development

64,593

8

Baoshan Iron & Steel

58,638

9

CNOOC

55,222

10

China Resources Enterprises

50,105

11

Sinopec Zhenhai Refining & Chemical

41,991

12

TCL Corp.

40,282

13

Sinopec Shanghai Petrochemical

39,403

14

Aluminum Corp. of China

32,313

15

Sinopec Yangzi Petrochemical

31,774

16

Air China

30,835

17

Huaneng Power International

30,293

18

Jilin Chemical Industrial

27,903

19

Maanshan Iron & Steel

26,770

20

China International Marine Containers

26,568

21

China Southern Airlines

24,194

22

Wuhan Iron & Steel

24,148

23

Lenovo Group

23,991

24

Hunan Valin Steel Tube & Wire

23,786

25

Angang New Steel

23,228

26

ZTE

22,698

27

Shanxi Taigang Stainless Steel

22,410

28

China Shipping Container Lines

22,364

29

Tangshan Iron & Steel

21,884

30

Sinotrans

21,880

31

Beijing Shougang

21,074

32

China Eastern Airlines

19,893

33

Handan Iron & Steel

19,453

34

Guangdong Midea Electric Appliances

19,201

35

Jinan Iron & Steel

19,147

36

Chongqing Changan Automobile

18,527

37

Sinopec Beijing Yanhua Petrochemical

17,940

38

Bei Qi Foton Motor

17,886

39

COFCO International

17,872

40

Laiwu Steel

17,762

41

Bengang Steel Plates

17,349

42

Inner Mongolia BaoTou Steel

16,246

43

Digital China Holdings

15,457

44

Qingdao Haier

15,299

45

Jinzhou Petrochemical

15,038

46

Xiamen C&D

14,378

47

Shanghai Construction

14,165

48

Gree Electric Appliances (Zhuhai)

13,833

49

Shanghai Friendship Group

13,753

50

Datang International Power Generation

13,584

51

Panzhihua New Steel & Vanadium

13,439

52

Konka Group

13,363

53

Sinopec Yizheng Chemical Fibre

13,348

54

Sinochem International

13,006

55

AnYang Iron & Steel

12,918

56

AviChina Industry & Technology

12,877

57

Boe Technology Group

12,442

58

Yanzhou Coal Mining

12,209

59

Torch Automobile Group

11,540

60

Sichuan Changhong Electric

11,539

61

Great Wall Technology

11,419

62

Weiqiao Textile

11,088

63

Shanghai Pharmaceutical

10,815

64

Jiangxi Copper

10,627

65

SGIS Songshan

10,329

66

Beijing Enterprises Holdings

10,287

67

Ningbo Bird

10,246

68

Nanjing Iron & Steel

10,226

69

Huadian Power International

10,175

70

Guangzhou Iron & Steel

10,100

71

Xiamen International Trade

10,096

72

Henan Shuanghui Investment & Development

10,056

73

Hangzhou Iron & Steel

9,955

74

Sinopec QILU

9,842

75

FAW Car Co.

9,643

76

China Overseas Land & Investment

9,179

77

China Oriental Group

9,119

78

Suning Appliance Chains

9,107

79

Nanjing Textiles

8,999

80

Sinopec Kantons Holdings

8,992

81

Gan Su Jiu Steel Group Hong Xing Iron & Steel

8,965

82

Xinxing Ductile Iron Pipes

8,801

83

Inner Mongolia Yili Industrial

8,735

84

Shijiazhuang Refining-Chemical

8,689

85

Lianyungang Ideal Group

8,662

86

Tsingtao Brewery

8,621

87

Shanghai Material Trading Centre

8,576

88

Guangdong Kelon Electrical Holdings

8,436

89

Hainan Airlines

8,411

90

Anhui Conch Cement

8,385

91

Tsinghua Tongfang

8,149

92

Anhui Jianghuai Automobile

8,069

93

Semiconductor Manufacturing International

8,067

94

TCL Communication Technology

7,780

95

GD Power Development

7,752

96

Guangzhou Pharmaceutical

7,708

97

CNHTC Jinan Truck

7,683

98

China Vanke

7,667

99

Hisense Electric

7,500

100

Shanghai Automotive

7,491