China releases 2021 list of top 500 enterprises


China released the list of top 500 Chinese enterprises for 2021 on Saturday, showing improved business performance and better industrial structure.

Combined operating revenues of the top 500 companies reached 89.83 trillion yuan (about 13.9 trillion U.S. dollars) in 2020, up 4.43 percent compared to that in the previous year, according to the list jointly released by the China Enterprise Confederation and the China Enterprise Directors Association.

The firms raked in 4.07 trillion yuan in total profits, up 4.59 percent compared to that of the companies on the 2020 list.

State Grid Corporation of China topped the list, followed by the China National Petroleum Corporation and the China Petroleum & Chemical Corporation .— Xinhua

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