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China into the world's top 500 brands list! For the first time, the threshold for shortlisting has e

With the release of the world brand laboratory in 2018 (the 15th) list of the top 500 world brands. In Xi'an, Shaanxi Province, China Federation of enterprises and China Entrepreneurs Association released the list and analysis report of 2018 top 500 Chinese enterprises, top 500 Chinese manufacturing enterprises, top 500 Chinese service enterprises, and top 100 Chinese multinational companies. China has become one of the top 500 world brands! For the first time, the threshold of the shortlist has exceeded 30 billion yuan.

In 2018, the revenue growth of China's top 500 enterprises accelerated, and the economic benefits continued to improve. The total amount exceeded 70 trillion yuan, reaching 71.17 trillion yuan, reaching a new level, an increase of 11.2% over the previous year, 3.56 percentage points faster, returning to the double-digit growth range. The net profit was 3.20 trillion yuan, an increase of 13.28% over the previous year.

In the list of "2018 top 500 Chinese enterprises", State Grid, Sinopec and PetroChina ranked the third with revenue of RMB 2358.1 billion, RMB 2209.7 billion and RMB 2203.4 billion respectively, and the fourth industrial and Commercial Bank of China with revenue of RMB 1085 trillion, which is consistent with the ranking in 2017.

It is worth noting that the revenue of CSCEC is also over trillion yuan. CSCEC has become a new member of trillion level enterprises, and for the first time in the past three years, new enterprises have exceeded the trillion threshold.

For the first time, the threshold for shortlisting has exceeded 30 billion yuan

Compared with last year, in 2018, the threshold for China's top 500 enterprises to be shortlisted rose again, reaching 30.689 billion yuan, an increase of 2.378 billion yuan compared with last year, breaking the 30 billion yuan mark for the first time, achieving 16 consecutive increases; the total assets increased by 7.08% to 274.26 trillion yuan, but the growth rate of assets declined significantly, setting a new low since 2005.

The top ten enterprises are state grid, Sinopec, PetroChina, industrial and Commercial Bank of China, China Construction, China Ping An insurance (Group), China Construction Bank, Shanghai automobile group, Agricultural Bank of China and China Life Insurance (Group) company.

In 2018, the 100 billion club of the top 500 Chinese enterprises was expanded again, with 172 Enterprises above 100 billion revenue, an increase of 15 over the previous year; 107 mainland enterprises (including 120 Hong Kong and Taiwan enterprises) entered the top 500 world enterprises, an increase of 2 over the previous year. The net profit attributable to the shareholders of the parent company was 3.2 trillion yuan, an increase of 13.3% over the previous year, with a growth rate of 10.1 percentage points; the number of loss making enterprises decreased significantly, with 32 enterprises suffering losses, and the number of loss making enterprises decreased by 11 over the previous year.

Wang Jiming, academician of the Chinese Academy of engineering and invited vice president of China Enterprise Federation, said that on the whole, in 2017, China's large enterprises represented by China's top 500 enterprises insisted on making progress in stability, played the leading role of the backbone, committed to reform and innovation, accelerated structural adjustment, continued to show a steady and positive development trend, and significantly improved growth speed and economic benefits.

Since 2002, this top 500 enterprises Summit Forum has released the top 500 Chinese enterprises and their analysis report to the public for the 17th time. For the 14th consecutive year, the top 500 manufacturing enterprises and service enterprises of China were released, and on this basis, the top 100 multinational companies and multinational indexes of China were released for the 8th consecutive year.

These three "top 500" lists cover a total of 1077 large enterprises in different industries and regions in China, among which 253 are manufacturing enterprises and 170 are service enterprises.

Private enterprises account for nearly half of the country

In 2018, there were 237 private enterprises among the top 500 Chinese enterprises, an increase of 11 over the previous year, accounting for 47.40%. The gap between the number of state-owned and private enterprises shortlisted was further narrowed.

Among them, Huawei Investment Holding Co., Ltd. and Suning Holding Group Co., Ltd., as the leaders of private enterprises, ranked 16th and 17th respectively with the revenue of 603.6 billion yuan and 557.9 billion yuan. Among the "bat three giants", Alibaba Group Holding Co., Ltd. ranks the top, ranking 69th, Tencent Holding Co., Ltd. is slightly behind, ranking 75th, and Baidu network technology Co., Ltd. ranks 195th higher than last year.

Among the top 500 Chinese enterprises in 2018, 253 manufacturing enterprises were shortlisted, an increase of 5 compared with last year. At the same time, the number of service enterprises has fluctuated for a long time, from 143 of the top 500 Chinese enterprises in 2010 to 170 of the top 500 Chinese enterprises in 2018.

According to the industry classification catalog, the 2018 top 500 Chinese enterprises involve 27 secondary industries. In terms of the number of shortlisted enterprises, metal products, chemical manufacturing and housing construction ranked in the top three, with 77, 42 and 40 enterprises respectively shortlisted.

In addition, it is of great concern that although only 33 shortlisted enterprises in the financial industry, they rank first in the seven indicators of revenue, net profit and assets. Financial enterprises account for 50.7% of the total net profit of the top 500 enterprises, among which 17 banks account for 43.4% of the total net profit, while in terms of assets and overseas assets, financial enterprises account for 60% of the total net profit of the top 500 enterprises.

Overall improvement of profit index of steel and coal industry

In the past two years, the steel and coal industries have achieved remarkable results in capacity reduction. In 2017, the total capacity of crude steel was reduced by more than 50 million tons, exceeding the annual target task. The capacity of 140 million tons of "steel bars" was fully cleared, and the industry benefits increased significantly. In 2017, the coal industry exceeded the target task of 150 million tons proposed at the beginning of the year, and the utilization rate of coal capacity reached 68.2%, 8.7% higher than the previous year The merger and reorganization of coal enterprises have been carried out in an orderly manner, Shenhua Group and Guodian group have been merged and reorganized, and China coal energy has merged and reorganized the coal mining sectors of enterprises such as Guotou, Baoli and China Railway.

According to the data of the top 500 Chinese enterprises in 2018, the profit index of the steel and coal industry has improved compared with that of the previous year. The profit margin of black metallurgy industry, the profit margin of assets and the profit margin of net assets are 2.36%, 2.22% and 6.44% respectively. The profit margin of coal mining and mining industry, the profit margin of assets and the profit margin of net assets are 0.75%, 0.41% and 1.44% respectively, which have been improved.

The imbalance of profits between banks and enterprises has been alleviated. In 2018, 17 banks in China's top 500 enterprises achieved a net profit of 1.4 trillion yuan, accounting for 43.4% of all enterprises, down 2.0 percentage points compared with the previous year, and the profit level of non bank enterprises improved.

In addition, new kinetic energy continues to increase. In 2018, the top 500 enterprises of China involve 77 three-level industries, of which 35 industries have enterprises withdrawing from the list, 30 industries have enterprises newly entering the list, and the industry sources of enterprises in the list are highly decentralized.

On the whole, the number of enterprises in traditional fields has decreased, the number of enterprises in new industries such as the Internet has continued to increase, and the new momentum of China's top 500 enterprises has further enhanced. Core technology leading enterprises such as China Electronics Technology Group, China Electronics Group, Beijing Electronics Holding Group and Inspur Group, as well as new business forms and new models such as Jingdong, Xiaomi technology and Hailan group, are the highlights of the list.

Among the top 500 Chinese enterprises in 2018, 253 manufacturing enterprises were shortlisted, an increase of 5 compared with last year. At the same time, the number of service enterprises has fluctuated for a long time, from 143 of the top 500 Chinese enterprises in 2010 to 170 of the top 500 Chinese enterprises in 2018.