Major listed companies in the industry:At present, the listed companies in the domestic metal industry mainly includeZijin Mining(601899), Luoyang Aluminum (603993),Jiangxi Copper(600362)、Shandong Gold(600547)
The core data of this article:Number of Chinese companies on the Fortune 500 list, new Chinese companies on the Fortune 500 list in 2021, and regional distribution of Chinese companies on the Fortune 500 list in 2021
State Grid rises to the second place in the world’s top 500
In 2021, the number of companies on the Fortune 500 list in China will occupy the top position for two consecutive years, reaching 143, while the number of companies on the list in the United States this year will only increase by one compared with 2020, to 122. The advantage of the number of Chinese companies on the list is further consolidated And expand.
Among them, State Grid Co., Ltd. ranked second among the top 500 companies, with revenues of 386.618 billion US dollars. At the same time, there are also Chinese companies that have entered the top ten of the world’s top 500 companies.China PetroleumNatural Gas Group Co., Ltd. andChina PetroleumChemical Group Co., Ltd. has revenues of 283.958 billion U.S. dollars and 283.728 billion U.S. dollars in 2020.
There are a total of 45 new and re-listed companies on the Fortune Global 500 rankings in 2021, of which 18 are newly listed and re-listed Chinese companies. They are:China ShipGroup, Zhejiang Rongsheng Holding Group, Zhejiang Hengyi Group,Sunac ChinaHolding Co., Ltd., Jingye Group,new HopeHolding Group, New China LifeInsurance、Weichai Power, Beijing Jianlong Heavy Industry Group, Zhejiang Transportation Investment Group,Longfor Group, Guangzhou Construction Group, Guangzhou Pharmaceutical Group,China Resources Land, Yunnan Provincial Investment Holding Group,Wanzhou International、Zijin Mininggroup,China Reinsurance(Group) Co., Ltd.
The metal products industry has the largest number of companies on the list
Major changes have taken place in the industries of Chinese companies on the list in 2021. In 2020, the top five industries for the number of companies on the list are mining and crude oil production, metal products, trading,Bank/Commercial savings, engineering and construction, including 13 metal product companies.In 2021, the number of metal product companies has increased to 16, which has become the industry with the largest distribution of companies on the list in China.InsuranceListed companies in the engineering and construction industry ranked second and third.
Regional development of top 500 companies is uneven
The uneven regional development of Chinese enterprises has formed a situation of “one city dominates”. In 2021, China’s Fortune 500 companies are mainly located in Beijing, the Yangtze River Delta and the Pearl River Delta. Among them, Beijing has 61 companies, ranking first, accounting for 40% of the total number of top 500 companies in the country. As a pilot area for reform and opening up, Guangdong has attracted a large number of enterprises based on its geographical location and policy advantages. In 2021, there are 15 enterprises on the list, ranking second. There is a lack of leading enterprises in the western region, and there is a big gap in development with the eastern cities.
Part of the reason for Beijing’s “one city dominance” is that the private sector accounts for a relatively large proportion. In the aggregate of all the world‘s top 500 companies in my country, state-owned enterprises still occupy the dominant position. In 2021, among the top 500 companies in my country, there are 95 state-owned enterprises, 34 private enterprises, and 14 Hong Kong, Macao and Taiwan enterprises.
ResearchQuestion: The number of Fortune 500 companies in China surpasses that of the United States and has become the most important support for global economic stability. What do you think?
A. China has coordinated epidemic prevention and control and economic and social development, the epidemic has been effectively controlled, the industrial supply chain has been effectively guaranteed, and enterprises can quickly resume production and operation. After the epidemic, the global corporate competition landscape is unknown.
B. Despite the remarkable rise of Chinese enterprises, there is still a significant gap in corporate competitiveness. The problem of “big but not strong” needs to be resolved.
C. Compared with companies in other countries and regions, Chinese companies have more stable operating conditions and have made great contributions to global economic stability. In the future, Chinese companies will continue to maintain their dominant position in the world.
The above data refers to the “Analysis Report on Market Outlook and Investment Strategic Planning of China’s Foreign Trade Industry” by Qianzhan Industry Research Institute. At the same time, Qianzhan Industry Research Institute also provides industry big data, industry research, industry chain consulting, industry map, industry planning, park planning, industry Solutions such as investment promotion, IPO fundraising feasibility study, and prospectus writing.
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(Source: Qianzhan Industry Research Institute)
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