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China's Top 100 multinational Companies list 2019

A list released by the China Enterprise Confederation and China Entrepreneur Association
The 2019 China Top 100 Multinational Companies List was compiled by the China Enterprise Confederation, China Entrepreneur Association The list published.
On September 1, 2019, the list of China's Top 100 multinational Companies was officially released. [1]
Chinese name
China's Top 100 multinational Companies list 2019
Issuing authority
China Enterprise Confederation, China Entrepreneur Association
Release time
September 1, 2019
Top 5
Petrochina, Sinopec, CITIC, CoSCO Shipping, Tencent

List basis

broadcast
EDITOR
The "China Top 100 Multinational Companies and Multinational Index" is produced by the China Enterprise Confederation on the basis of China's top 500 enterprises, China's top 500 manufacturing enterprises and China's top 500 service enterprises, based on the data voluntarily declared by enterprises and with reference to the standards of the United Nations Trade and Development Organization. China's top 100 multinational companies are non-financial companies with overseas assets, overseas business income and overseas employees, ranked according to the total amount of overseas assets; The transnational index is calculated according to (overseas operating income ÷ total operating income + overseas assets ÷ total assets + overseas employees ÷ total employees) ÷3×100%. [2]

List analysis

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EDITOR
China's Top 100 multinational Companies list 2019
On September 1, 2019, the China Enterprise Confederation and the China Entrepreneur Association released the analysis report of China's Top 100 multinational Companies for the ninth consecutive year, and released the Top 100 Chinese multinational Companies and the Multinational Index. According to the report, "Two Barrels of Oil", Citic, Cosco Shipping, Tencent, CNOOC, Sinochem, Huawei, State Grid and China Communications Construction are among the top 10; There are 8 state-owned enterprises and 2 private enterprises. In 2019, there are 27 private enterprises, 73 state-owned and state-owned holding companies, among which 38 are central enterprises.
1. Scale and entry threshold continue to increase
In 2019, the total overseas assets of 100 Chinese multinational corporations reached 9,513.4 billion yuan, the overseas operating income reached 6,347.5 billion yuan, and the total number of overseas employees reached 1,391,971 people, an increase of 8.93%, 6.41% and 7.31% over 2018 respectively. The entry threshold for the top 100 Chinese multinational companies in 2019 is 9.858 billion yuan, an increase of 2.636 billion yuan over 2018.
2. The transnational index has increased steadily
The average multinational index of the top 100 Chinese multinationals in 2019 was 15.96%, an increase of 0.16 percentage points over 2018, and an increase of 3.72 percentage points over the average multinational index of the top 100 Chinese multinationals in 2011.
The proportion of overseas assets, overseas operating income and overseas employees of the top 100 Chinese multinational corporations in 2019 was 16.96%, 20.17% and 10.74%, respectively, which increased by 2.23, 2.83 and 6.07 percentage points compared with the top 100 Chinese multinational corporations in 2011.
3. Developed regions account for the majority, and state-owned enterprises dominate
China's Top 100 Multinational Companies Index 2019 China National Petroleum Corporation Limited, China Petroleum and Chemical Corporation Limited, China CITIC Group Limited, China Cosco Shipping Group Limited, Tencent Holdings Limited, China National Offshore Oil Corporation Limited, China National Chemical Corporation Limited, Huawei Investment Holdings Limited, State Grid Corporation Limited and China Communications Construction Group Limited ranked the top 1 0 bit; There are 8 state-owned enterprises and 2 private enterprises.
China's Top 100 multinational companies in 2019 cover 16 provinces, municipalities and autonomous regions, mainly in economically developed areas, with Beijing accounting for 43%, Guangdong 12%, Shanghai 9%, Shandong 7%, Zhejiang 6%, Jiangsu 4%, Henan and Yunnan 3% each, and Anhui, Liaoning, Hunan, Hubei and Gansu 2% each. Hebei, Fujian and Xinjiang each accounted for 1 percent.
In 2019, there are 27 private enterprises, 73 state-owned and state-owned holding companies, among which 38 are central enterprises. [2]

List ranking

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EDITOR
China's Top 100 multinational Companies list 2019 [3]
Ranking
Enterprise name
Overseas assets (ten thousand yuan)
Overseas income (ten thousand yuan)
Overseas employees (persons)
Cross-border Index (%)
1
China National Petroleum Corporation Limited
91912417
113679952
122704
24.95
2
China Petroleum and Chemical Corporation Limited
62238419
87697937
39658
21.97
3
China CITIC Group Limited
57071538
8889769
30293
12.66
4
China Cosco Shipping Group Co. LTD
55840636
15081516
8091
50.41
5
Tencent Holdings LTD
51326103
1028586
35169
44.13
6
China National Offshore Oil Corporation Limited
47812263
43068281
4671
34.83
7
China National Chemical Corporation Limited
37201734
21688278
86025
51.99
8
Huawei Investment Holdings Limited
36618560
3490400
45000
28.28
9
State Grid Corporation Limited
28636578
10283503
15759
4.31
10
China Communications Construction Group Co. LTD
23774955
15540775
31788
20.45
11
China Minmetals Corporation Limited
20456022
8667796
10609
14.82
12
Aluminum Corporation of China Limited
20348804
2460351
1974
13.84
13
Zhejiang Geely Holding Group Co. LTD
19250515
19646095
43107
50.69
14
China State Construction Corporation Limited
17883034
9026893
27935
8.73
15
Guangzhou Yuexiu Group Co. LTD
17619634
334399
1884
16.61
16
Fosun International Limited
15797227
4607139
20381
37.24
17
China North Industries Group Co., LTD
14370787
20273853
12907
28.96
18
China Power Construction Group Limited
13044568
9634837
98305
30.73
19
Lenovo Group Limited
12982010
22485350
16929
60.15
20
Midea Group Limited
11708680
10225003
35000
41.33
21
Aviation Industry Corporation of China Limited
11643163
7120570
36830
12.06
22
Weichai Holding Group Co. LTD
11633856
7069174
37202
42.4
23
China General Nuclear Power Group Limited
11102603
2089595
3391
15.33
24
Dalian Wanda Group Co
10515670
5658096
44211
23.61
25
Haier Group Corporation
8649915
8110472
28069
29.34
26
Greenland Holding Group Co., LTD
8339697
691564
573
3.83
27
Wh Group International Limited
8213878
10149580
55000
65.06
28
Yankuang Group Co. LTD
7909798
8352749
5079
21.02
29
Cofco Co., LTD
7899936
4722234
14000
12.73
30
China Huaneng Group Limited
7088936
1412696
611
4.04
31
Beijing Capital Venture Group Co., LTD
6910406
264059
1804
10.68
32
River Steel Group Co., LTD
6903289
10173348
12720
18.9
33
China Energy Construction Group Limited
6894201
3748137
7220
13.18
34
Luoyang Luanchuan molybdenum industry Group Co., LTD
6609785
2080878
4636
62.66
35
China Railway Engineering Group Corporation Limited
6233729
4286098
9802
5.24
36
Suning Holding Group
6204212
1914256
1485
6.02
37
Bright Food (Group) Co. LTD
6186478
5864118
25658
27.03
38
China Nonferrous Metals Mining Group Co., LTD
6007507
3260204
11032
33.43
39
China Railway Construction Group Co. LTD
5634809
3557293
39849
7.26
40
State Development and Investment Group Co., LTD
5507668
3805234
12215
20.62
41
TCL Corporation
4966518
5558641
2663
25.92
42
China Mobile Communications Group Limited
4961846
1723544
7708
2.27
43
China International Marine Containers (Group) Co., Ltd
4401629
4893913
5130
30.02
44
Zijin Mining Group Co. LTD
4220800
849431
9401
31.43
45
Hisense Group Limited
4203101
3782904
3590
23.37
46
Sany Group Limited
4027221
1414157
3457
23.41
47
China Baowu Steel Group Co., LTD
4009500
4264500
2697
5.77
48
Shougang Group Co LTD
4006313
2467016
4625
8.07
49
China Electronic Information Industry Group Co., LTD
3876919
8466001
9611
19.75
50
Shanghai Automotive Group Co., LTD
3860528
3664378
24215
8.51
51
Jinchuan Group Co., LTD
3849048
3358516
2713
19.36
52
China National Machinery Industry Corporation Limited
3657310
2544903
11430
8.5
53
Shandong Ruyi fashion Investment holding Co., LTD
3615405
2912245
11794
43.09
54
China Huadian Group Limited
3613355
413933
1732
2.71
55
Qingshan Holding Group Co., LTD
3442612
4028922
25815
40.88
56
Oct Group Co., LTD
3362698
2780698
364
11.13
57
Wanxiang Group Company
3327913
2375674
18721
38.75
58
Beijing Electronic Holding Co., LTD
3268225
7850112
533
27.21
59
Beijing Automobile Group Co., LTD
3044788
1663522
10000
5.99
60
Shanghai Electric (Group) Corporation
2990895
856517
3000
8.47
61
China Railway Rolling Stock Corporation Limited
2811296
1953600
6080
6.27
62
China Building Materials Group Co., LTD
2648900
2594200
10619
5.71
63
China United Network Communications Group Limited
2202349
531605
842
1.98
64
Youngor Group Co., LTD
2192750
1376821
27740
29.65
65
Yunnan Investment Holding Group Co., LTD
2155904
233964
383
3.73
66
Yunnan Energy Investment Group Co., LTD
2147564
191341
688
8.22
67
China Chemical Engineering Group Limited
2090265
2781580
9742
24.25
68
Anshan Steel Group Co., LTD
2039777
1931323
663
5.16
69
New Hualian Group Limited
1929167
2528200
1046
13.47
70
Guangdong Yuehai Holding Group Co., LTD
1922718
587205
539
18.84
71
Guangdong Guangsheng Asset Management Co., LTD
1911587
1797107
3857
17.05
72
Jiangsu Xinchao Technology Group Co., LTD
1891100
1294100
5940
44.05
73
China General Technology (Group) Holding limited liability company
1810885
1747380
255
7.14
74
Dongfeng Motor Group Co., LTD
1807711
1002000
225
1.92
75
Beijing Construction Group Co., LTD
1793039
389648
218
9.8
76
Tongling Nonferrous Metals Group Holding Co., LTD
1697588
547553
1877
10
77
China Telecom Group Limited
1629509
1087611
4846
1.84
78
Beijing Shounong Food Group Co., LTD
1610291
336095
488
5.2
79
Beijing Holding Group Co. LTD
1593727
569862
1792
4.45
80
China Datang Group Limited
1555040
363200
330
1.45
81
Zhuhai Huafa Group Co., LTD
1524926
875393
8529
20.3
82
Yunnan Province Construction Investment Holding Group Co., LTD
1435223
270752
1026
2.91
83
Orient International (Group) Co., LTD
1381380
4003563
54964
40.52
84
Shanghai Construction Engineering Group Co., LTD
1261107
521056
449
3.32
85
Zhengzhou Coal Mining Machinery Group Co., LTD
1252963
1053533
5854
39.48
86
Shanghai Zhenhua Heavy Industry (Group) Co., LTD
1176875
1087489
390
23.65
87
Hailiang Group Co. LTD
1157230
3249752
1213
15.3
88
Zhejiang Longsheng Holding Co. LTD
1152811
1065238
2273
26.33
89
Vision Energy (Jiangsu) Co., LTD
1145031
145932
392
13.84
90
Qingjian Group
1136515
1234805
1402
15.23
91
China National Gold Group Corporation Limited
1128430
74086
1053
4.48
92
Xinjiang Guanghui Industrial Investment (Group) Co., LTD
1106238
57156
288
1.61
93
Guangdong Guangxin Holding Group Co., LTD
1103475
1340413
7608
24.36
94
Xuzhou Construction Machinery Group Co., LTD
1070699
1522645
3740
15.72
95
China Information and Communications Technology Group Co., LTD
1065263
316477
495
6.76
96
Baiyin Nonferrous Group Co., LTD
1045887
456729
2548
15.55
97
China Aerospace Science and Industry Corporation Limited
1039029
2478338
4365
5.36
98
Anhui Zhongding Holding (Group) Co., LTD
1022438
767875
9242
48.35
99
Shandong Weiqiao Venture Group Co., LTD
1021611
2013066
8938
6.57
100
Zoomlion Heavy Industry Science and Technology Co., Ltd.
985780
359049
257
8.25