Top 10 companies list on China 500 ranking

Business magazine Fortune released its latest China 500 companies list on July 25, with the total revenue and profits of the 500 companies hitting $15 trillion and $717.1 billion in 2022.

State Grid received $530 billion in revenue, taking the first spot in the Fortune China 500 list, followed by China National Petroleum and Sinopec Group with the revenue at $483 billion and $471.15 billion respectively.

The metal products industry has 56 companies in the ranking thereby claiming the largest number of companies on the list.

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