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[[File:China State Grid Corporation of China Beijing 1310905.jpg|thumb|270x270px|The headquarters of the electric utility company [[State Grid Corporation of China|State Grid]] in [[Beijing]]. It was China's largest and the world's third-largest company by revenue in 2021, with annual revenues of over US$460 billion.<ref name="Fortune500">{{cite web|year=2022|title=Global 500|url=https://fortune.com/global500/2022/search/|access-date=3 August 2022|work=[[Fortune (magazine)|Fortune]]}}</ref> The [[Industrial and Commercial Bank of China]] was both China and the world's largest company by assets in 2021, with over US$5.5 trillion in total assets.<ref name="ForbesGlobal2000">{{cite web|year=2022|title=Global 2000|url=https://www.forbes.com/lists/global2000/#391b66645ac0|access-date=3 August 2022|work=[[Forbes]]}}</ref>]]
This article lists the largest [[company|companies]] in [[China]] in terms of their [[revenue]], [[net profit]] and [[total assets]], according to the American business magazines ''[[Fortune (magazine)|Fortune]]'' and ''[[Forbes]]''. In 2022, ''Fortune'''s [[Fortune Global 500|Global 500]] list of the [[list of public corporations by market capitalization|world's largest corporations]] included 145 Chinese companies in total.<ref name="Fortune500" /> Over the same year, [[Forbes]] reported that three of the world's ten largest [[public companies]] were Chinese, including the [[list of largest banks|world's largest bank by total assets]], the [[Industrial and Commercial Bank of China]].<ref name="ForbesGlobal2000" /> Many of China's largest companies are [[state-owned enterprises]], due to the significant presence of the Chinese government in the national economy.<ref>{{cite news|url=https://www.economist.com/news/china/21614240-reform-state-companies-back-agenda-fixing-china-inc|title=State-owned enterprises: Fixing China Inc|newspaper=[[The Economist]]|date=30 August 2014|access-date=6 February 2015}}</ref>

==2022 ''Fortune'' Global 500 List==
This list details the twenty five largest Chinese companies according to the [[Fortune Global 500]], which ranks the world's largest companies by annual revenue. The figures below are given in millions of [[US dollar]]s and are for their respective [[fiscal year]] ending on or before 31 March 2022. Also listed for each company are the location of its headquarters, their primary industry and their number of employees, in addition to ownership characteristics.

{| class="wikitable sortable" style="text-align:right;"
!  align="center" | Rank ||  align="center" | List Rank || align="center" | Name ||  align="center" | Headquarters ||  align="center" | Revenue (US$ Million)|| align="center" | Profit (US$ Million)
!Assets (US$ Million)
!Employees|| align="center" | Industry ||   align="center" | Ownership
|-
| 1 || 3 || align="left" |[[State Grid Corporation of China]]|| align="left" | [[Beijing]]|| 460,616.9 || 7,137.8 
|735,429.9
|871,145|| align="left" |[[Electric power industry]]|| align="left" | [[State-owned enterprise]]
|-
| 2 || 4 || align="left" | [[China National Petroleum Corporation]]|| align="left" | Beijing || 411,692.9 || 9,637.5 
|660,007.6
|1,090,345|| align="left" | [[Petroleum industry]]
|State-owned enterprise
|-
| 3 || 5 || align="left" |[[Sinopec]]|| align="left" |Beijing
| 401,313.5 || 8,316.1 
|380,674.7
|542,286|| align="left" |Petroleum industry 
|State-owned enterprise
|-
| 4 || 9 || align="left" |[[China State Construction Engineering]]|| align="left" |Beijing
| 293,712.4 || 4,443.8 
|378,351.8
|368,327|| align="left" |[[Construction]]
|State-owned enterprise
|-
| 5 || 22 || align="left" |[[Industrial and Commercial Bank of China]]|| align="left" |Beijing|| 209,000.4 || 54,003.1 
|5,536,969.3
|434,089|| align="left" |[[Commercial bank]]
|State-owned enterprise
|-
| 7 || 24 || align="left" |[[China Construction Bank]]|| align="left" | Beijing || 200,434.0 || 46,898.9 
|4,762,831.0
|375,531|| align="left" | Commercial bank 
|State-owned enterprise
|-
| 5 || 25 || align="left" |[[Ping An Insurance]]|| align="left" | [[Shenzhen]]|| 199,629.4 || 15,753.9 
|1,596,641.4
|355,982|| align="left" |[[Insurance]]
|[[Public company]]
|-
| 8 || 28 || align="left" |[[Agricultural Bank of China]]|| align="left" | Beijing || 181,411.7 || 37,390.8 
|4,576,306.3
|455,174|| align="left" | Commercial bank 
|State-owned enterprise
|-
| 9 || 31 || align="left" |[[Sinochem]]|| align="left" |Beijing|| 172,260.3 || -197.7 
|241,750.2
|220,760|| align="left" |[[Chemical industry]]
|State-owned enterprise
|-
| 10 || 34 || align="left" |[[China Railway Engineering Corporation]]|| align="left" | Beijing || 166,452.1 || 1,853.2 
|215,913.3
|310,817|| align="left" | Construction 
|State-owned enterprise
|-
| 11 || 39 || align="left" |[[China Railway Construction Corporation]]|| align="left" | Beijing || 158,203.0 || 1,703.8 
|213,451.8
|366,833|| align="left" |Construction
|State-owned enterprise
|-
| 12 || 40 || align="left" |[[China Life Insurance Company]]|| align="left" | Beijing || 157,095.3 || 3,087.1 
|903,089.7
|182,646|| align="left" | Insurance 
|State-owned enterprise
|-
| 13 || 42 || align="left" |[[Bank of China]]|| align="left" | Beijing|| 152,409.3 || 33,573.3 
|4,206,862.0
|306,322|| align="left" |Commercial bank
|State-owned enterprise
|-
| 14 || 44 || align="left" |[[Baowu]]|| align="left" |[[Shanghai]]
| 150,730.0 || 2,994.9 
|175,860.5
|230,884|| align="left" | [[Steelmaking]]
|State-owned enterprise
|-
| 15 || 46 || align="left" |[[JD.com]]|| align="left" | Beijing || 147,526.2 || -551.8 
|78,164.2
|385,357|| align="left" |[[E-commerce]]
|Public company
|-
| 16 || 55 || align="left" |[[Alibaba Group]]|| align="left" | [[Hangzhou]]|| 132,935.7 || 9,700.5 
|267,466.9
|254,941|| align="left" | E-commerce
|Public company
|-
| 17 || 57 || align="left" |[[China Mobile]]|| align="left" | Beijing|| 131,913.4 || 14,628.9 
|337,922.8
|451,331|| align="left" | [[Telecommunications]]
|State-owned enterprise
|-
| 18 || 58 || align="left" |[[China Minmetals]]|| align="left" | Beijing|| 131,800.4 || 616.8 
|158,043.5
|193,965|| align="left" | [[Metalworking]]
|State-owned enterprise
|-
| 19 || 60 || align="left" |[[China Communications Construction Company]]|| align="left" |Beijing|| 130,664.1 || 1,397.3 
|353,172.3
|220,519|| align="left" | Construction
|State-owned enterprise
|-
| 20 || 65 || align="left" |[[China National Offshore Oil Corporation]]|| align="left" |Beijing|| 126,920.1 || 9,183.4 
|209,374.5
|80,957|| align="left" | Petroleum Industry 
|State-owned enterprise
|-
|21
|68
| align="left"|[[SAIC Motor]]
| align="left"|Shanghai
|120,900.2
|3,803.4
|144,349.5
|146,145
| align="left" |[[Automotive industry]]
|State-owned enterprise
|-
|22
|69
| align="left"|[[Shandong Energy]]
| align="left"|[[Jinan]]
|120,012.3
|173.7
|118,292.0
|243,124
| align="left" |[[Coal mining]]
|State-owned enterprise
|-
|23
|70
| align="left"|[[China Resources]]
| align="left"|Shenzhen
|119,601.2
|4,544.0
|318,179.7
|362,706
| align="left" |[[Conglomerate (company)|Conglomerate]]
|State-owned enterprise
|-
|24
|75
| align="left"|[[Hengli Group]]
| align="left"|[[Suzhou]]
|113,536.0
|2,374.5
|48,073.2
|121,430
| align="left" |[[Textile industry]]
|[[Privately held company]]
|-
|25
|76
| align="left"|[[Amer International Group]]
| align="left"|Shenzhen
|112,049.2
|2,010.7
|33,632.6
|22,398
| align="left" |Metalworking
|Privately held company
|}

==2022 ''Forbes'' Global 2000 List==
This list details the twenty five largest Chinese companies according to the [[Forbes Global 2000|''Forbes'' Global 2000]], which ranks the world's 2,000 largest [[public company|publicly traded companies]]. The ''Forbes'' list takes into account a multitude of factors, assigning an equal weighting to revenue, profit, assets and market value. The figures are given in billions of US dollars and are for the [[trailing twelve months]] up to 22 April 2022. Also listed for each company are the location of its headquarters and their primary industry.

{| class="wikitable sortable" style="text-align:right;"
! align="center" | Rank || align="center" |List Rank || align="center" | Name || align="center" | Headquarters || align="center" | Revenue<br />(billions<br/>US$) || align="center" | Profit<br />(billions<br/>US$) || align="center" | Assets<br />(billions<br/>US$) || align="center" | Market Value<br />(billions<br/>US$) || align="center" | Industry
|-
| 1 || 2 || align="left" | [[Industrial and Commercial Bank of China]]|| align="left" | [[Beijing]]|| 208.13 || 54.03 || 5,518.51 || 214.43 || align="left" | [[Commercial bank]]
|-
| 2 || 5 || align="left" |[[China Construction Bank]]|| align="left" | Beijing || 202.07 || 46.89 || 4,746.95 || 181.32 || align="left" | Commercial bank
|-
| 3 || 8 || align="left" |[[Agricultural Bank of China]]|| align="left" | Beijing|| 181.42 || 37.38 || 4,561.05 || 133.38 || align="left" | Commercial bank
|-
| 4 || 13 || align="left" |[[Bank of China]]|| align="left" |Beijing|| 152.43 || 33.57 || 4,192.84 || 117.83 || align="left" | Commercial bank
|-
| 5 || 17 || align="left" |[[Ping An Insurance]]|| align="left" | [[Shenzhen]]|| 181.37 || 15.74 || 1,587.11 || 121.69|| align="left" | [[Insurance]]
|-
| 6 || 21 || align="left" |[[China National Petroleum Corporation]]|| align="left" | Beijing || 380.31 || 14.29 || 392.60 || 142.30 || align="left" | [[Petroleum industry]]
|-
|7
|24
| align="left"|[[China Merchants Bank]]
| align="left"|Shenzhen
|71.07
|18.58
|1,451.20
|167.32
| align="left"|Commercial bank
|-
|8
|28
| align="left"|[[Tencent]]
| align="left"|Shenzhen
|86.86
|34.94
|252.99
|414.28
| align="left"|[[Video game industry]]
|-
| 9 || 30 || align="left" |[[Postal Savings Bank of China]]|| align="left" | Beijing || 77.61 || 11.33 || 1,975.08 || 125.53 || align="left" | Commercial bank
|-
|10 || 33 || align="left" |[[Alibaba Group]]|| align="left" | [[Hangzhou]]|| 129.76 || 10.17 || 276.25 || 237.78 || align="left" | [[E-commerce]]
|-
| 11 || 45 || align="left" |[[Sinopec]]|| align="left" | Beijing || 384.82 || 11.04 || 292.05 || 80.81 || align="left" | Petroleum industry
|-
|12
|55
| align="left"|[[Industrial Bank (China)]]
| align="left"|[[Fuzhou]]
|60.53
|12.82
|1,350.32
|68.59
| align="left"|Commercial bank
|-
| 13 || 62 || align="left" |[[Bank of Communications]]|| align="left" |[[Shanghai]]|| 76.00 || 12.98 || 1,830.40 || 52.82 || align="left" | Commercial bank
|-
| 14 || 71 || align="left" |[[China Life Insurance Company]]|| align="left" | Beijing || 130.50 || 7.87 || 769.88 || 43.02 || align="left" | Insurance
|-
| 15 || 105 || align="left" |[[China State Construction Engineering]]|| align="left" | Beijing || 205.79 || 5.87 || 374.72 || 36.91 || align="left" | [[Construction]]
|-
| 16 || 108 || align="left" |[[Shanghai Pudong Development Bank]]|| align="left" | Shanghai || 54.77 || 8.47 || 1,247.94 || 36.60 || align="left" | Commercial bank
|-
| 17 || 137 || align="left" |[[China Shenhua Energy]]|| align="left" | Beijing || 52.02 || 8.00 || 95.81 || 62.81 || align="left" | [[Coal mining]]
|-
|18 || 149 || align="left" |[[China CITIC Bank]]|| align="left" | Beijing || 56.99|| 8.63 || 1,261.96 || 25.26 || align="left" | Commercial bank
|-
|19
|190
| align="left"|[[China Poly Group]]
| align="left"|Beijing
|42.94
|4.25
|219.65
|32.81
| align="left"|[[Conglomerate (company)|Conglomerate]]
|-
| 20 ||194 || align="left" |[[China Telecom]]|| align="left" | Beijing || 68.15 || 4.02 || 121.10 || 35.23 || align="left" | [[Telecommunications]]
|-
| 21 || 198 || align="left" |[[Vanke]]|| align="left" | Shenzhen || 71.42 || 3.50 || 304.19 || 27.92 || align="left" | [[Real estate]]
|-
| 22 || 204 || align="left" |[[SAIC Motor]]|| align="left" | Shanghai|| 121.42 || 3.71 || 133.97 || 28.87 || align="left" | [[Automotive industry]]
|-
| 23 || 206 || align="left" |[[China Everbright Bank]]|| align="left" | Beijing || 42.38 || 6.72 || 926.05 || 20.11 || align="left" | Commercial bank
|-
| 24 || 208 || align="left" |[[China Pacific Insurance Company]]|| align="left" | Shanghai || 68.07 || 4.16 || 300.52 || 22.69 || align="left" |Insurance
|-
| 25 || 219 || align="left" |[[Midea Group]]|| align="left" | [[Foshan]]|| 50.60 || 4.40 || 58.24 || 60.55 || align="left" | [[Home appliance]]
|}

==See also==
*[[List of companies of China]]
*[[List of largest companies by revenue]]

==References==
{{Reflist}}

==External links==
* [https://longreads.tni.org/stateofpower/understanding-chinese-companies-beyond-china-inc Jones, L. (2020), Beyond China Inc., Understanding Chinese companies] (Transnational Institute)

{{Economy of China}}

[[Category:Lists of largest private companies by country|China]]
[[Category:Lists of companies by revenue|China, largest]]
[[Category:China-related lists of superlatives|Companies]]
[[Category:Lists of companies of China]]