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Top 100 Companies in China unveiled
(BW Online)
Updated: 2005-07-30 09:01

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

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