The Top 100 Companies in China

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

Source: China Daily/BW Online