Private companies have made an increasingly large contribution to the economy and made more efforts in innovation, investment and international competitiveness, in addition to job creation and tax contributions, a report said.
According to the report, published on Tuesday by the China Federation of Private Enterprises, an industry association, and the China Academy of Management Science, a government think tank, Legend Holdings Corp, the largest shareholder in personal-computer maker Lenovo Group, is ranked as the leading private enterprise in China with operating revenues of 289.5 billion yuan ($45 billion). It was followed by telecom giants Huawei Technologies and retail giant Suning Commerce Group.
No 1
Legend Holdings Corp
No 2
Huawei Technologies
No 3
Suning Commerce Group
No 4
Shandong Weiqiao Pioneering Group
No 5
Jiangsu Shagang Group
No 6
Xinjiang Guanghui Industry Investment Group
No 7
Dalian Wanda Group
No 8
Hengli Group
No 9
Guangsha Group
No 10
China Vanke
Compiled by China Daily
(China Daily 11/21/2015 page2)
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