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Forty Three National Enterprises Qualified Finalist of 2012 “Fortune” Global 500

On July 9, 2012. Fortune Magazine published its 2012 "Fortune Global 500" list of companies as ranked by revenue. Seventy-nine Chinese companies made the list, including 73 Chinese mainland and Hong Kong top companies (the other 6 being Taiwanese with the total representing an increase of 12 over the previous year). Of these, 43 were central enterprises (national companies), an increase of five over the previous year.

Of the 43 central enterprises, the China Merchants Bank, the Emerging Jihua Group, the Anshan Iron and Steel Group, China Power Investment, Huadian Group Ltd., and China Power Construction were new companies on the list.

The 2012 "Fortune Global 500" companies required a minimum full-year operating income of US$22.006 billion, an increase of US$2.52 billion over the minimum income for 2011.

Source: Xinhua, July 10, 2012