The List Of China's Top 500 Private Enterprises In 2020 Has Been Released In Beijing

The list of China's top 500 private Enterprises 2020 was released in Beijing on the morning of Sept. 10.Huawei won the first place for the second year in a row, while Suning, Zhengwei International, Hengli Group and Country Garden ranked second to fifth.

The oil and chemical industries have done well this year, with 55 companies on the list, accounting for more than 10 percent of the total.Among them, there are 5 enterprises with operating revenue of more than 100 billion yuan and 11 enterprises with operating revenue of 50 billion to 100 billion yuan.

China's Fujian province has three chemical companies on the list.

The threshold annual revenue of China's top 500 Private Enterprises in 2020 reached 20.204 billion yuan, up 8.71% from 18.586 billion yuan in 2019.