CSCEC rises to 18th on Fortune Global 500 list (I)

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On this year's Fortune Global 500 list published on Aug. 10th, China State Construction Engineering Corporation (CSCEC)'s ranking rose to 18th from 21st in 2019.

In 2019, the company's revenue reached 1.4198 trillion yuan and continued to be the world's largest investment and construction company.

The company has been on the list for 15 years since 2006 and climbed steadily during that period. Its standings by year were: 486th (2006), 396th (2007), 385th (2008), 292nd (2009), 187th (2010), 147th (2011), 100th (2012), 80th (2013), 52nd (2014), 37th (2015), 27th (2016), 24th (2017), 23rd (2018), 21st (2019), and 18th (2020).

As the world's largest investment and construction group, CSCEC is the industry leader in housing construction, infrastructure construction and investment, real estate development and investment, and survey and design. CSCEC is one of the most powerful investors in China. Its main investment direction is real estate, infrastructure, comprehensive urban construction and other fields. 

The Company strengthens the integration of internal resources and business collaboration to provide all-round, whole-process and all-factor services for urban construction and operation through "four in one" business model of "planning and design, investment and development, infrastructure construction, housing construction engineering." CSCEC is one of the world's largest engineering contractor. The business scope of CSCEC covers all areas of urban construction and all stages of project construction. CSCEC has the comprehensive design capability, construction capability and land development capability across the country. The Company has a complete industrial chain of construction projects, covering project technology research and development, survey and design, property development, engineering contracting, equipment manufacturing and property management, etc. It has constructed most of the super high-rise buildings that are over 300 meters high and plenty of buildings with high technical content and complex structure in China.

Housing Construction

CSCEC gives full play to the competitiveness of the whole industrial chain. With absolute advantages in the field of housing construction contracting, CSCEC aims to develop the mid- and high-end markets,and adheres to the marketing strategy of "big proprietors, big markets, big projects" and the corporate operation strategy of "low-cost competition, high-quality management." CSCEC has taken a series of measures such as continuously tapping its own potentials, implementing strict control of engineering quality and construction cost, and seeking high customer satisfaction so as to provide domestic and overseas customers with one-stop comprehensive services including design, construction and implementation of various high-tech, large scale, high-precision, and advanced buildings. The Company has constructed lots of difficult projects in civil construction, industrial construction, national defense construction and many other areas. It has also constructed plenty of landmark buildings such as skyscrapers, large venues, airport stations, hotels, hospitals, etc., representing the highest level of housing construction in China. CSCEC is a leader in housing construction in China and across the world.

Infrastructure Construction and Investment

With a vision on engineering construction and investment, by leveraging advantages in technology,talents and management, we completed a great number of representative infrastructure projects both at home and abroad. These projects cover areas of underground rails, high-speed railways, mega bridges,expressways, urban integrated pipes and corridors, ports and channels, power, mining, metallurgy,petrochemical engineering, airports and nuclear islands. Relying on enormous capital strength, we have quickly turned into China's top player in infrastructure investment and financing. We invested in and constructed a large number of national and regional key projects and built our credit in BT, BOT, PPP and other investment and financing modes. At present, CSCEC has established long-term strategic cooperation relations with several provinces (autonomous regions), municipalities and several dozens of key cities in infrastructure investment and construction.

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