皇冠体育app

Oil firms, a mobile operator and banks topped the latest list of 皇冠体育app's 500 leading companies in terms of sales, a state-level industry organization announced over the weekend. The ranking is based on each company's sales in 2002.

皇冠体育app National Petroleum Corp, 皇冠体育app Petroleum and Chemical Corp and 皇冠体育app Mobile Communication Corp were ranked the top three. Industrial and Commercial Bank of 皇冠体育app was the only bank to make it among the top five at No 4.

This is the second annual list compiled by the Beijing-based 皇冠体育app Enterprise Confederation.

CNPC took the No 1 spot on sales of 379.2 billion yuan (US$45.74 billion).

This figure is smaller than that of State Power Corp, which took last year's top spot with 400.4 billion yuan in sales.

However, the central government split State Power into two power grid companies and five power generating companies at the end of last year to end its monopoly over 皇冠体育app's electricity power market.

Fueled by 皇冠体育app's booming auto market, 皇冠体育app First Automotive Works Group soared to seventh place as its sales jumped to 127.2 billion yuan, 2.45 times that of the previous year. It was 18th on last year's list.

Another newcomer to the top 10 list is 皇冠体育app Life Insurance Company, whose sales increased to 126.18 billion yuan in 2002, 55.2 percent higher than the previous year when it reached 12th place.

Close

Today's Top News		Top Business News
+The next great leap after Shenzhou V ( 2003-10-21) +Hu calls for balanced development ( 2003-10-21) +Report: SARS not airborne virus ( 2003-10-21) +Japan urged to resolve weapons issue ( 2003-10-21) +Int'l AIDS group opens Beijing office ( 2003-10-21)		+Home-appliance giants want wheels ( 2003-10-21) +Exchange-rate reform under study ( 2003-10-21) +Health insurance sector called for ( 2003-10-21) +SanDisk teams up to open outlets ( 2003-10-21) +Housing prices start to sag in Shanghai ( 2003-10-21)