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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 ]
According to preliminary data released by the authorities, China's GDP in 2023 was CN￥126.06 trillion (US$ 17.89 trillion [ 30]) with a real increase of 5.2% than the last year. [ 31] China is the world's largest manufacturing economy and exporter of goods. [ 32]
Countries by estimated nominal GDP in 2024. [ n 2] > $20 trillion. $10–20 trillion. $5–10 trillion. $1–5 trillion. $750 billion – $1 trillion. $500–750 billion. $250–500 billion. $100–250 billion.
List of 31 provincial-level administrative divisions in mainland China by Nominal GDP in 2023 (billions of GDP) [ 1] Average exchange rate in 2023: CNY 7.0467 per U.S. dollar [ 2] (PPP no longer included in the table for frequent changes in its index) Rank. Provinces.
The gross domestic product of China in 2019 was CN¥ 99.08651 trillion, [ 4] or US$ 14.4 trillion (nominal). [ 5] China's nominal GDP surpassed that of Italy in 2000, France in 2005, the United Kingdom in 2006, Germany in 2007, Japan in 2010 and that of the Eurozone in 2018 making China the world's third largest economy after the European Union ...
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.
China’s real annual GDP growth surged an average of 9.5% between 1978 and 2018 as the nation quickly became a world power and pulled more than 800 million of its citizens from poverty.