China State Construction Engineering Corporation (CSCEC) received the A rating on its business performance last year from the State-owned Asset Supervision and Administration Commission (SASAC) of the State Council on July 20. This was the 15th A rating given to CSCEC since SASAC began conducting the annual assessment.
CSCEC has maintained steady development in 2019. It has once again become a construction company that has posted more than 1 trillion yuan in both new contract value and revenue per annum during the past two years.
Last year, CSCEC received 28 Luban Awards and 64 National Quality Engineering Awards, leading the construction industry in both award categories. In addition, CSCEC was ranked 21st in the Fortune 500 in 2019, and topped the list of the 2019 Top 250 International Contractors published by Engineering News-Record (ENR). CSCEC has emerged as the world's biggest investment and construction conglomerate with exceptional international competitiveness and brand influence.
According to the SASAC, CSCEC ranked fifth out of 48 A-rating companies in 2019.
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