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Wang Zhongyu (President of CEC & CEDA) : “Companies' indigenous innovation capacity is playing an increasingly crucial role in facilitating the transformation of China's economic development pattern.” >>
Wang Zhongyu: Large companies the main force in innovationAt a press conference on Sept. 4, China Enterprise Confederation and China Enterprise Directors Association president Wang Zhongyu touted China's large companies as the main promoter of independent innovation in the country.
China's top 500 closing gap with global giantsChina's top 500 companies are rapidly catching up with their global rivals in terms of revenues and profits, according to a report released by the China Enterprise Confederation (CEC) and China Enterprise Directors Association (CEDA) in Hefei on Sept. 4, 2010.
Revenue threshold for top 500 list hits US$1.82 blnCompanies needed to post revenues of 11.08 billion yuan or more in 2010 to appear on this year's Top 500 Companies List.![]() |
| 1 | China Petroleum & Chemical Corporation |
| 2 | State Grid Corporation of China |
| 3 | China National Petroleum Corporation |
| 4 | China Mobile Communications Corporation |
| 5 | Industrial and Commercial Bank of China Limited |
| 6 | China Construction Bank Corporation |
| 7 | China Life Insurance Company Ltd. |
| 8 | China Railway Construction Corporation Limited |
| 9 | China Railway Group Limited |
| 10 | Agricultural Bank of China Limited |
| Full List |