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In 2022, Fortune's Global 500 list of the world's largest corporations included 145 Chinese companies in total. [1] Over the same year, Forbes reported that three of the world's ten largest public companies were Chinese, including the world's largest bank by total assets, the Industrial and Commercial Bank of China. [2]
Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...
3. State Grid Corporation of China. $530,008.8. 870,287. Massive national infrastructure monopoly for electricity, the firm is by far the largest utility in the world. The entity maintained the #3 position in 2023, just behind Walmart and Saudi Aramco . 5. China National Petroleum Corporation. $483,019.2.
Two top Chinese AI chip firms, MetaX and Enflame, submitted downgraded designs of their chips to TSMC in late 2023 to comply with U.S. restrictions, according to two of the people. The companies ...
In 2023, revenue was $34.9 billion and net profit was $8.5 billion. Pinduoduo's success in China has given it the experience and resources to expand into the overseas market via a new subsidiary ...
Tencent Holdings Ltd. ( Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world's largest company in the video game industry based on its equity investments.
More companies are going public in the United States, according to a study by institutional research firm Renaissance Capital. This has been a landmark year for Chinese companies on American markets.
China 14 Sinochem: Chemicals: $173,834 –$1 220,760 China 15 China Railway Engineering Corporation: Construction: $171,669 $2,035 314,792 China 16 China National Offshore Oil Corporation: Oil and gas: $164,762 $16,988 81,775 China 17 China Railway Construction Corporation: Construction: $163,037 $1,800 342,098 China 18 Baowu: Steel: $161,698 ...