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Fortune unveiled the 2019 Global 500 list on July 22 and POWERCHINA ranked 161st, up 21 places from last year, reaching a new high.
The list, compiled and published by Fortune magazine each year to rank the top 500 companies worldwide as measured by revenue, has long been considered a yardstick for the economic prowess of countries.
A total of 129 Chinese companies were among the Fortune Global 500 this year, surpassing the United States for the first time, which tallied 121 companies.
Since the reorganization of POWERCHINA more than seven years ago, it has not only been a stabile presence on the Fortune Global 500, but has also ranked higher year by year, fully showcasing the company's strong growth and sustainable development.
In 2018, POWERCHINA actively responded to complex and ever-changing challenges, continuously strengthening its market development, operation management, and quality improvement.
As the world's largest power construction designer and contractor with the most comprehensive industry chain, POWERCHINA will persist in promoting high-quality development and implementing the Belt and Road Initiative, relying on its own unique advantages.
The company will also strive to build itself into a world-class enterprise with global competitiveness, in order to celebrate the 70th anniversary of the founding of the People's Republic of China with outstanding achievements.
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POWERCHINA ranks high in Fortune Global 500 year by year. [Photo/POWERCHINA] |
