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Data:2009-12-12 2:34
Sinopec, have moved rapidly up to 31
Yesterday, the "Daily Economic News" from the U.S. magazine "Fortune" was informed that the latest Fortune 500 list, a total of 18 short-listed Chinese companies. Two of the Taiwanese company, a Hong Kong companies.
With last year's Fortune Global 500 rankings compared to a few major changes have occurred this year is China's First Automobile Group Corporation a new chart, ranking 448. While Sinopec has increased sharply from the original 54 up to 31; the oil is from the first 52 rose to 46.
Shanghai University of Finance for Financial Research assistant research fellow Wang Wei that the oil-ranking energy companies rising, and this year the world oil prices.
China National Automotive Industry Consulting Development Corporation Jia Xinguang, chief analyst for the China First Automobile Group Corporation finalists in no way surprised. He noted that the output of FAW first time last year, one million, while its own red flags, liberation, Xiali and many own brand names. FAW has now China's largest production base of medium and heavy trucks, 60000 light vehicle production base, 30000 Red Flag sedan production base and the Sino-German joint venture of 15 million cars production base. The four bases already constituted the core of the productive forces of China's FAW.
Although the Fortune 500, the majority of Chinese companies have risen in rank, but Wang Wei pointed out that, compared with the world top 500 enterprises, China's top 500 there are still a huge gap.
Hong Kong's Hutchison Whampoa, and Taiwan Province of Hon Hai Precision, Taiwan's Chinese Petroleum Corp respectively ranked 347, 371 and 402.
Mainland enterprises in the Fortune 500 rankings
2005 Rank 2004 Rank 2004 sales revenue (100 million U.S. dollars) in 2003 sales revenue (100 million U.S. dollars) in Sinopec 3153 750.77 550.62 National Power 4046 712.9 583.48 Petroleum 46 73 677.24 470.47 China Life Insurance China Mobile 212,241 249.81 207.82 224,242 239.58 207.65 Industrial and Commercial Bank of China 229,243 234.45 207.57 China Telecom 262,257 215.62 194.65 China 203.81 188.46 Chemicals 287.27 thousand Baosteel Group 309,372 195.43 145.48 China Construction Bank 315,331 190.48 158.25 Southern Power Grid 316 - 189.29 - 339,358 179.60 150.22 Bank of China, Agricultural Bank of China 397 412 152.85 133.03 COFCO 434,415 141.89 132.90 FAW Group 448 - 138.25 --