Top 500 Enterprises Take Up 84% of China’s GDP

Posted by Bill Belew on September 2nd, 2007 in Doing Business in China | No Comments

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  Corporationmonopoly.china.jpg

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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