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| THE CHINESE COMPANIES DATABASE
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Business information Authority on Chinese public and private companies
worldwide, including company profiles, in-depth financials, contact
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New List of Top 500 Chinese Firms Announced
2004 updated.
The China National Petroleum Corp took first place thanks to its turnover of US$45.8 billion last year. The corporation is the world's ninth-biggest petroleum company and was third in last year's Chinese list.
Oil company Sinopec remained in second place and phone company China Mobile moved up from sixth place to third.
The top 500 list was included in the Report on the Development of Chinese Enterprises published at the weekend by the China Enterprise Confederation. The voluminous annual report also analyses a wide range of topics, such as foreign companies in China, the reform of State-owned enterprises, company management and China's entrepreneurs.
The China National Petroleum Corp is ranked 69 on the global list of Fortune Global 500 companies.
State-owned companies account for 73.6 per cent of the national
top 500 list. Only 69 private enterprises appear on the list.
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