Profit of Top Two State-owned Giants Surpasses Combined Profit of Largest 500 Private Companies
Published:
2010-08-30
China's top 500 private enterprises earned a combined profit of 217.95 billion yuan in 2009. While that may sound like a lot of money, it still falls short of the combined profit of two state-owned giants: China Mobile and China National Petroleum Corporation (PetroChina), who together earned 218.54 billion yuan in profits last year. The most profitable Chinese private company is the Zhejiang-based Wahaha Group which raked in 8.78 billion yuan last year.
Source
National Business Daily
Google Translation
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
Popular
- EUROPE
- Interview with Jean Pisani-Ferry and Nicolas Veron
- We talk to two experts from the Brussels-based European think thank Bruegel
Interactive
Multimedia
A look at Nanjing local government's controversial urban reconstruction project
E-paper
|
- EEO.COM.CN The Economic Observer Online
- Bldg 7A, Xinghua Dongli, Dongcheng District
- Beijing 100013
- Phone: +86 (10) 6420 9024
- Copyright The Economic Observer Online 2001-2011