Tag: Industrial and Commercial Bank of China Limited

Top 10 Chinese Public Companies in 2022
Business, China

Top 10 Chinese Public Companies in 2022

Here are the top 10 Chinese public companies that have stayed profitable in 2022. As per markets, China Petroleum & Chemical Corporation will continue to be the world's largest publicly traded Chinese firm in 2022. PetroChina Company Limited followed China State Construction Engineering Corporation Limited in second place. Statistics revealed that the cumulative income of the companies on the list in 2020 surpassed 50,500 trillion yuan, an increase of 11% year over year and an amount that exceeded fifty percent of China's gross domestic product in 2019, which was over 99 trillion yuan. The net income of these enterprises totaled 4,2 trillion yuan, an increase of over 16 percent from the prior year. The revenue requirement for inclusion on the list was 17.8 billion yuan, a nearly...
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