2023 Top 100 Multinational Companies in China
Top 100 Multinational Companies in China
The “Top 100 Multinational Companies in China” is generated by the China Enterprise Confederation based on the top 500 Chinese enterprises, the top 500 Chinese manufacturing enterprises, and the top 500 Chinese service enterprises, based on the data voluntarily reported by the enterprises and in accordance with the standards of the United Nations Conference on Trade and Development. The top 100 Chinese multinational corporations are non-financial enterprises with overseas assets, overseas operating income, and overseas employees, and are ranked according to the total amount of overseas assets of the enterprises; the transnational index is calculated according to (overseas operating income ÷ total operating income + overseas assets ÷ total assets + overseas employees ÷ total number of employees) ÷ 3 × 100%.
The top 10 of the top 100 chinese multinational corporations in 2023 are China National Petroleum Corporation, China National Chemical Corporation, China Petrochemical Corporation, Huawei Investment Holding Co., Ltd., China COSCO Shipping Corporation Limited, China National Offshore Oil Corporation, Tencent Holdings Limited, State Grid Corporation of China, Lenovo Holdings Co., Ltd., and China Communications Construction Group Co., Ltd.
| Ranking | Company | Overseas Assets ($M) | Overseas Revenues ($M) | Overseas Staff |
| 1 | China National Petroleum Corporation | 150684 | 216815 | 70109 |
| 2 | China National Chemical Corporation | 122590 | 15472 | 56500 |
| 3 | China Petrochemical Corporation | 101125 | 135021 | 33647 |
| 4 | Huawei Investment Holding Co., Ltd. | 99166 | 31826 | 45000 |
| 5 | China Ocean Shipping Group Co., Ltd. | 80578 | 48948 | 16651 |
| 6 | China National Offshore Oil Corporation | 78939 | 96317 | 5741 |
| 7 | Tencent Holdings Co., Ltd. | 65804 | 6372 | 36754 |
| 8 | State Grid Corporation of China | 55738 | 12928 | 18995 |
| 9 | Lenovo Holdings Co., Ltd. | 46831 | 49564 | 30755 |
| 10 | China Communications Construction Group Co., Ltd. | 43275 | 22989 | 39618 |
| 11 | Fosun International Limited | 37643 | 9670 | 13142 |
| 12 | Guangzhou Yuexiu Group Co., Ltd. | 37032 | 626 | 2070 |
| 13 | Zhejiang Geely Holding Group Co., Ltd. | 31527 | 25783 | 46734 |
| 14 | Aluminum Corporation of China | 31457 | 12646 | 2547 |
| 15 | China Construction Co., Ltd. | 26372 | 15424 | 31684 |
| 16 | PowerChina Group Co., Ltd. | 25492 | 13116 | 12015 |
| 17 | China Minmetals Corporation | 23519 | 15829 | 11439 |
| 18 | Haier Group Corporation | 21896 | 18189 | 38219 |
| 19 | Luanchuan Molybdenum Industry Co., Ltd. | 20860 | 15167 | 7293 |
| 20 | China General Nuclear Power Group Co., Ltd. | 19958 | 4892 | 3389 |
| 21 | Shenzhen Investment Holding Co., Ltd. | 18818 | 4022 | 8778 |
| 22 | Weichai Power Co., Ltd. | 18657 | 13580 | 41149 |
| 23 | State Power Investment Corporation | 16945 | 3075 | 2042 |
| 24 | Midea Group Co., Ltd. | 15200 | 20378 | 35000 |
| 25 | Shandong Energy Group Co., Ltd. | 14480 | 32053 | 4001 |
| 26 | China Huaneng Group Co., Ltd. | 14462 | 5500 | 860 |
| 27 | China Energy Construction Group Co., Ltd. | 14329 | 6683 | 7548 |
| 28 | Wanzhou International Limited | 14221 | 17840 | 57000 |
| 29 | Zijin Mining Group Co., Ltd. | 14023 | 9655 | 23816 |
| 30 | China Railway Construction Corporation Limited | 13268 | 7726 | 9889 |
| 31 | China North Industries Group Corporation Limited | 12982 | 36312 | 15614 |
| 32 | China Huadian Corporation Limited | 12422 | 2835 | 2345 |
| 33 | China Railway Engineering Group Corporation Limited | 11537 | 8348 | 9000 |
| 34 | COFCO Corporation Limited | 11354 | 14071 | 2822 |
| 35 | SAIC Motor Corporation Limited | 11349 | 11911 | 26274 |
| 36 | China Mobile Communications Group Co., Ltd. | 10782 | 3673 | 8509 |
| 37 | Hesteel Group Co., Ltd. | 10614 | 16899 | 13095 |
| 38 | Beijing Capital Venture Group Co., Ltd. | 10487 | 336 | 323 |
| 39 | Jiangsu Shagang Group Co., Ltd. | 10447 | 4684 | 925 |
| 40 | China Nonferrous Mining Group Co., Ltd. | 9828 | 10921 | 15364 |
| 41 | Shanghai Electric Holding Group Co., Ltd. | 9816 | 2659 | 7182 |
| 42 | China International Marine Containers (Group) Co., Ltd. | 9552 | 9809 | 4745 |
| 43 | Sichuan Kelun Industrial Group Co., Ltd. | 9175 | 2900 | 355 |
| 44 | China Electronics Information Industry Group Co., Ltd. | 9104 | 17715 | 12406 |
| 45 | Zhejiang Hengyi Group Co., Ltd. | 8924 | 9490 | 2097 |
| 46 | China Energy Investment Group Co., Ltd. | 8672 | 2183 | 637 |
| 47 | Sany Group Co., Ltd. | 8326 | 5467 | 2432 |
| 48 | Wingtech Technology Co., Ltd. | 7610 | 4374 | 15000 |
| 49 | Bright Food (Group) Co., Ltd. | 7557 | 6596 | 16951 |
| 50 | Shandong Weiqiao Venture Group Co., Ltd. | 7556 | 5697 | 8434 |
| 51 | Hisense Group Holdings Co., Ltd. | 7418 | 10817 | 23849 |
| 52 | Qingshan Holding Group Co., Ltd. | 7394 | 16644 | 67378 |
| 53 | China Baowu Steel Group Co., Ltd. | 7168 | 28154 | 2703 |
| 54 | China National Machinery Industry Corporation | 6477 | 5960 | 9014 |
| 55 | Wanxiang Group Corporation | 6450 | 12289 | 9116 |
| 56 | Zhejiang Huayou Cobalt Co., Ltd. | 5871 | 5326 | 9914 |
| 57 | Shougang Group Co., Ltd. | 5781 | 5057 | 3911 |
| 58 | China Southern Power Grid Co., Ltd. | 5759 | 636 | 800 |
| 59 | China National Building Materials Group Co., Ltd. | 5750 | 4078 | 6777 |
| 60 | Jinchuan Group Co., Ltd. | 5451 | 3017 | 3274 |
| 61 | Yunnan Investment Holding Group Co., Ltd. | 5305 | 1601 | 651 |
| 62 | Shandong Ruyi Fashion Investment Holding Co., Ltd. | 5176 | 4433 | 10106 |
| 63 | China CRRC Corporation Limited | 5112 | 2255 | 6761 |
| 64 | Ningbo Joyson Electronics Co., Ltd. | 5013 | 5401 | 39504 |
| 65 | Xiamen International Trade Holding Group Co., Ltd. | 4844 | 14970 | 455 |
| 66 | China Telecom Group Co., Ltd. | 4747 | 2219 | 4170 |
| 67 | China National Chemical Engineering Group Co., Ltd. | 4687 | 4850 | 3875 |
| 68 | Ningxia Tianyuan Manganese Industry Group Co., Ltd. | 4479 | 1247 | 1194 |
| 69 | China Information and Communications Technology Group Co., Ltd. | 4432 | 2147 | 1280 |
| 70 | TCL Industrial Holdings Co., Ltd. | 4270 | 9467 | 5473 |
| 71 | China Eastern Airlines Group Co., Ltd. | 4267 | 290 | 1117 |
| 72 | JA Solar Technology Co., Ltd. | 4179 | 6260 | 3500 |
| 73 | Zoomlion Heavy Industry Science & Technology Co., Ltd. | 4038 | 1427 | 2515 |
| 74 | Guangdong Guangxin Holding Group Co., Ltd. | 3834 | 7577 | 9578 |
| 75 | Yunnan Construction Investment Holding Group Co., Ltd. | 3811 | 572 | 412 |
| 76 | Doublestar Group Co., Ltd. =Company | 3722 | 2651 | 9913 |
| 77 | China Datang Corporation | 3697 | 360 | 1036 |
| 78 | Beijing Holding Group Co., Ltd. | 3622 | 2366 | 2330 |
| 79 | Longi Green Energy Technology Co., Ltd. | 3409 | 6847 | 8447 |
| 80 | Nanshan Group Co., Ltd. | 3399 | 3155 | 2866 |
| 81 | Xinjiang Guanghui Industrial Investment (Group) Co., Ltd. | 3353 | 1474 | 232 |
| 82 | Guangdong Guangsheng Holding Group Co., Ltd. | 3253 | 6405 | 5156 |
| 83 | Shanghai Delong Steel Group Co., Ltd. | 3194 | 2487 | 8316 |
| 84 | China General Technology (Group) Holding Co., Ltd. | 3149 | 2066 | 3121 |
| 85 | Xugong Construction Machinery Co., Ltd. | 3134 | 3977 | 5413 |
| 86 | China Unicom Group Co., Ltd. | 3070 | 1087 | 1075 |
| 87 | Anhui Conch Group Co., Ltd. | 3059 | 1449 | 4224 |
| 88 | Wanhua Chemical Group Co., Ltd. | 3047 | 11605 | 3236 |
| 89 | Ansteel Group Co., Ltd. | 3042 | 4332 | 514 |
| 90 | Xinjiang Goldwind Science & Technology Co., Ltd. | 2942 | 612 | 752 |
| 91 | Tongling Nonferrous Metals Group Holdings Co., Ltd. | 2831 | 6964 | 1734 |
| 92 | Shanghai Will Semiconductor Co., Ltd. | 2792 | 2341 | 1226 |
| 93 | Chint Group Co., Ltd. | 2787 | 2246 | 1973 |
| 94 | Inner Mongolia Yili Industrial Group Co., Ltd. | 2774 | 862 | 3371 |
| 95 | Zhuhai Huafa Group Co., Ltd. | 2755 | 2348 | 11327 |
| 96 | Zhongwei New Materials Co., Ltd. | 2690 | 1866 | 731 |
| 97 | Hailiang Group Co., Ltd. | 2682 | 3657 | 2623 |
| 98 | Hengtong Group Co., Ltd. | 2672 | 2451 | 4583 |
| 99 | Guangdong Xiaopeng Automobile Technology Co., Ltd. | 2644 | 106 | 336 |
| 100 | Trina Solar Co., Ltd. | 2558 | 6020 | 2639 |
