34 Beijing companies enter national top 100 in latest rankings

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A total of 34 Beijing companies have made the national top 100 of New Entity Enterprises 2022, which was released by the China Enterprises Evaluation Association recently at the 2022 Boao Forum for Entrepreneurs.

Beijing tops the list of cities with the highest number of new entity enterprises, followed by Shenzhen, Shanghai, and Hangzhou. JD.com, BOE Technology Group, Xiaomi, and Baidu all rank among the top 10 in the list.

New entity enterprises refer to companies that integrate digital technology and the real economy, empowering the transformation and upgrade of traditional industries with digital technology.

Among the top 100 companies in the list, more than 60% are in emerging industries such as smart manufacturing, smart transportation, and smart logistics.

Statistics shows that the top 100 companies in the list generated a total revenue of 26.5 trillion yuan in 2021, with the net profit reaching 1.1 trillion yuan. Their investment in research and development reached 648.1 billion yuan, and altogether they secured 56,000 invention patents last year.

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