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In 2022, Fortune's Global 500 list of the world's largest corporations included 145 Chinese companies in total. [1] Over the same year, Forbes reported that three of the world's ten largest public companies were Chinese, including the world's largest bank by total assets, the Industrial and Commercial Bank of China. [2]
China's was the only major world economy to experience GDP growth in 2020, when its GDP increased by 2.3%. [ 95] However, it posted one of its worst economic performances in decades because of COVID-19 in 2022. [ 96] In 2023, IMF predicted China to continue being one of the fastest growing major economies. [ 97]
t. e. A state-owned enterprise of China ( Chinese: 国有企业) is a legal entity that undertakes commercial activities on behalf of an owner government. As of 2017, China has more SOEs than any other country, and the most SOEs among large national companies. [ 1][page needed] As of the end of 2019, China's SOEs represented 4.5% of the global ...
3. State Grid Corporation of China. $530,008.8. 870,287. Massive national infrastructure monopoly for electricity, the firm is by far the largest utility in the world. The entity maintained the #3 position in 2023, just behind Walmart and Saudi Aramco . 5. China National Petroleum Corporation. $483,019.2.
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [ 1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from ...
List of countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
List of 31 provincial-level administrative divisions in mainland China by Nominal GDP in 2023 (billions of GDP) [ 1] Average exchange rate in 2023: CNY 7.0467 per U.S. dollar [ 2] (PPP no longer included in the table for frequent changes in its index) Rank. Provinces.
China's gross domestic product stood at US$3.4 trillion while Germany's GDP was US$3.3 trillion for 2007. This made China the world's third largest economy by gross domestic product. [39] Based on these figures, in 2007 China recorded its fastest growth since 1994 when the GDP grew by 13.1 percent. [40]