Top 500 Enterprises Take Up 84% of China’s GDP
Submitted by Bill Belew on Sunday, 2 September 2007No Comment
China's top 500 companies accounted for 83.5% of the countries gross domestic product…up 6% from last year.
The top 500 companies gained 17.49 trillion ($2.3 trillion) of business revenue last year also up….23.7%.
Sinopec was number 1.
2. China National Petroleum Corporation
3. State Grid
4. Industrial and Commercial Bank of China
5. China Mobile
70% of the companies on the list were state-owned or state-controlled.
Privately owned enterprises numbered 89.
500 enterprises – 84% of the GDP ….
How do you say M-O-N-O-P-O-L-Y?
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