The 2023 Top 500 Chinese Enterprises List was released on the 20th, indicating that the scale of enterprises continues to grow, with a total operating revenue of 108.36 trillion yuan, and the entry threshold has been raised for 21 consecutive years. It is worth mentioning that for the first time, the proportion of enterprises with a hundred billion level in the list has exceeded 50%, reaching 254. There are 16 enterprises with a revenue scale exceeding trillion yuan, an increase of 4 compared to last year, maintaining a stable and upward trend. The data shows that the scale of China's top 500 enterprises in 2023 continues to maintain a growth trend, with a total operating revenue of 108.36 trillion yuan, an increase of 5.74% compared to the previous year's top 500 enterprises, accounting for over 50% of the total; The total assets were 399.77 trillion yuan, an increase of 27.24 trillion yuan or 7.31% compared to the previous year's Fortune 500; The entry threshold for the 2023 Top 500 Chinese Enterprises has been raised for 21 consecutive years, with a total entry threshold of 46.998 billion yuan, an increase of 2.373 billion yuan compared to the previous year. At the same time, trillions of clubs and hundreds of billions of clubs continue to expand. In 2023, for the first time, over 50% of the 100 billion level enterprises among the top 500 enterprises reached 254, an increase of 10 compared to the 2022 China Top 500 Enterprises. The average operating revenue of 254 hundred billion level enterprises was 363.948 billion yuan, an increase of 10.356 billion yuan compared to the average operating revenue of the top 500 hundred billion level enterprises last year. There are 16 trillion level enterprises, among which State Grid, PetroChina, and Sinopec have operating revenue exceeding 3 trillion yuan; China Construction's operating revenue exceeded 2 trillion yuan for the first time; JD Group has become the first online platform enterprise in China with a revenue of over one trillion yuan, and also the first commercial retail enterprise with a revenue of over one trillion yuan. While maintaining stable growth in scale, the overall contribution of large enterprises to economic growth remains stable. The total revenue of the top 500 Chinese enterprises in 2023 is equivalent to 89.54% of the total national GDP of 121.02 trillion yuan in 2022, a slight decrease of 0.07 percentage points compared to the previous year's top 500. Although the relative value has slightly decreased, overall, the total revenue of the top 500 Chinese enterprises supported the national GDP that year. In the past five years, it has basically maintained a stable but rising trend, playing a significant role in stabilizing the overall economic situation. "said Zhu Hongren, Executive Vice President of the China Enterprise Federation and the China Enterprise Association. The number of manufacturing enterprises has increased three times in a row. Among the top 500 Chinese enterprises in 2023, there were 264 manufacturing enterprises, an increase of 8 compared to the previous year and an increase for three consecutive years. Gao Rui, Deputy Researcher of the China Enterprise Federation, stated that the manufacturing industry is the foundation of the real economy and an important support for building future development strategic advantages. The continuous growth of manufacturing enterprises can also be seen from the list of the top 500 manufacturing companies. In 2023, the total operating revenue and asset size of China's top 500 manufacturing enterprises both exceeded the 50 trillion yuan mark, a year-on-year increase of 8.38%; The entry threshold has reached a new level of 16.5 billion yuan, an increase of 11.99% compared to the previous year. In terms of research and development, the 2023 Chinese Enterprise 500 mandatory manufacturing industry is superior to other industries in terms of operating revenue, international standards, research and development expenses, number of patents owned, number of invention patents, total standards, and domestic standards
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：XinhuaNet
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