China had a total of 226 public companies ranked among the 2,000 biggest companies in the world this year, trailing only behind the U.S. at 524 and Japan at 258, according to the latest Global 2000 Company List released by the Forbes on April 18.
The annual list, the 9th edition of its kind, ranks the world's top 2000 public companies, based on an overall measurement of their sales, profits, assets and market value.
Despite that the U.S. and Japan still dominate the list, the Chinese mainland is closing the gap with them with 136 members there,15 more than last year. In addition, China's Hong Kong SAR and Taiwan had 48 and 42 companies on the list, respectively.
The companies from Chinese mainland generated a total of US$225 billion in profits and US$2.8 trillion in market value, respectively.
A total of 6 companies from the Chinese mainland broke into the elite top 30, with the banking leader ICBC took the 5th spot on the list, the best-performing one. It was followed by PetroChina (7th ) and China Construction Bank (13th ). ICBC registered US$82.6 billion in sales revenue and US$237.4 billion in market value in 2011. Most remarkable, as is in the case with other countries, the top companies on the Chinese mainland are also mainly from financing and oil industries.
Of the four regions defined by the Forbes, Asia-Pacific had a total of 733 companies included in the list this year, 32 more than last year. It has become the region with the greatest number of Global 2000 members for the fifth consecutive year, thanks to the excellent performance of the companies in China and South Korea.
The Global 2000 companies raked in a total of US$36 trillion in revenues (up 12 percent), US$2.64 trillion in profits (up 11 percent), US$149 trillion in assets (up 8 percent) and US$37 trillion in market value (down 0.5 percent).
Exxon Mobil, this year's most profitable company, tops the list for the first time. It's followed by JPMorgan Chase, last year's biggest company, GE and Royal Dutch Shell.
Here, China.org.cn has compiled the top 20 biggest companies from the Chinese mainland on the Forbes Global 2000 list in 2012:
China Communications Construction Company (CCCC) 中国交通建设集团
China Communications Construction Company (CCCC) [hudong.com]
Sales: US$46.8 billion; Profits: US$1.9 billion
Assets: US$56.7 billion; Market Value: US$15.6 billion
Industry: Construction Services