Top 110 companies in emerging economies
- By Lin Liyao
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E-mail China.org.cn, March 30, 2012
Boao Forum for Asia (BFA) recently released a report on the development of emerging economies in 2011.
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International Conference Center of Boao Forum for Asia (BFA) in Hainan (file photo) |
However, compared with the developed economies, the E11 have maintained strong growth momentum and made some headway in economic and social development, the report noted.
Also read: Top 10 competitive Asian economies
Top 300 competitive enterprises in Asia 2012
Top 10 Asian economies by commercial & administrative efficiency
The report also included a list of E11 enterprises which appeared on the Fortune 500 ranking last year. Altogether 110 enterprises from E11 were among the Fortune 500 in 2011, 29 more than in 2010. And 23 of those E11 enterprises are newly listed.
Boao Forum for Asia is an annual economic event usually attended by senior officials, economists and businesspeople of the region and the world at large and will be from April 1 to 3 this year.
The followings are the E11 enterprises in the Fortune global top 500 ranking in the 2010-2011 fiscal year:
|
2011 ranking |
2010 ranking |
Company name |
Revenues (billion $) |
Country |
Up by |
|
5 |
7 |
Sinopec Group |
273.42 |
China |
2 |
|
6 |
10 |
China National Petroleum |
240.19 |
China |
4 |
|
7 |
8 |
State Grid |
226.29 |
China |
1 |
|
22 |
32 |
Samsung Electronics |
133.78 |
Republic of Korea |
10 |
|
34 |
54 |
Petrobras |
120.05 |
Brazil |
20 |
|
35 |
50 |
Gazprom |
118.66 |
Russia |
15 |
|
49 |
64 |
Pemex |
101.51 |
Mexico |
15 |
|
55 |
78 |
Hyundai Motor |
97.41 |
Republic of Korea |
23 |
|
60 |
112 |
Hon Hai Precision Industry |
95.19 |
China |
52 |
|
69 |
93 |
Lukoil |
86.08 |
Russia |
24 |
|
77 |
87 |
Industrial & Commercial Bank of China |
80.50 |
China |
10 |
|
82 |
104 |
Sk Holdings |
78.44 |
Republic of Korea |
22 |
|
87 |
77 |
China Mobile Communications |
76.67 |
China |
-10 |
|
95 |
137 |
China Railway Group |
69.97 |
China |
42 |
|
98 |
125 |
Indian Oil |
68.84 |
India |
27 |
|
105 |
133 |
China Railway Construction |
67.41 |
China |
28 |
|
108 |
116 |
China Construction Bank |
67.08 |
China |
8 |
|
113 |
118 |
China Life Insurance |
64.63 |
China |
5 |
|
117 |
148 |
Banco Do Brasil |
62.89 |
Brazil |
31 |
|
127 |
141 |
Agricultural Bank of China |
60.54 |
China |
14 |
|
132 |
143 |
Bank of China |
59.21 |
China |
11 |
|
134 |
175 |
Reliance Industries |
58.90 |
China |
41 |
|
139 |
242 |
Noble Group |
56.70 |
China |
103 |
|
145 |
182 |
Dongfeng Motor |
55.75 |
China |
37 |
|
147 |
187 |
China State Construction Engineering |
54.72 |
China |
40 |
|
149 |
156 |
China Southern Power Grid |
54.45 |
China |
7 |
|
151 |
223 |
Shanghai Automotive |
54.26 |
China |
72 |
|
156 |
135 |
Banco Bradesco |
53.01 |
Brazil |
-21 |
|
161 |
272 |
Posco |
52.46 |
Republic of Korea |
111 |
|
162 |
252 |
China National Offshore Oil |
52.41 |
China |
90 |
|
168 |
203 |
Sinochem Group |
49.54 |
China |
35 |
|
171 |
- |
LG Electronics |
48.24 |
Republic of Korea |
N/A |
|
172 |
269 |
América Móvil |
48.13 |
Mexico |
97 |
|
179 |
211 |
Rosneft Oil |
46.30 |
Russia |
32 |
|
186 |
363 |
Vale |
45.29 |
Brazil |
177 |
|
197 |
258 |
China Faw Group |
43.43 |
China |
61 |
|
210 |
293 |
Sabic |
40.53 |
Saudi Arabia |
83 |
|
211 |
224 |
China Communications Construction |
40.41 |
China |
13 |
|
212 |
276 |
Baosteel Group |
40.33 |
China |
64 |
|
220 |
375 |
Hyundai Heavy Industries |
39.00 |
Republic of Korea |
155 |
|
221 |
254 |
Citic Group |
38.98 |
China |
33 |
|
222 |
204 |
China Telecommunications |
38.47 |
China |
-18 |
|
227 |
275 |
China South Industries Group |
38.00 |
China |
48 |
|
229 |
332 |
China Minmetals |
37.56 |
China |
103 |
|
235 |
318 |
Tnk-Bp International |
36.88 |
Russia |
83 |
|
238 |
300 |
GS Holdings |
36.57 |
Republic of Korea |
62 |
|
247 |
327 |
Quanta Computer |
35.72 |
China |
80 |
|
248 |
273 |
KOC Holding |
35.71 |
Turkey |
25 |
|
250 |
348 |
China North Industries Group |
35.63 |
China |
98 |
|
259 |
281 |
Cathay Life Insurance |
34.80 |
China |
22 |
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