{"id":104592,"date":"2025-09-01T02:36:25","date_gmt":"2025-09-01T02:36:25","guid":{"rendered":"https:\/\/bccci.net\/blog\/chinas-private-enterprises-see-steady-growth-2\/"},"modified":"2026-02-15T06:17:13","modified_gmt":"2026-02-15T06:17:13","slug":"chinas-private-enterprises-see-steady-growth-2","status":"publish","type":"post","link":"https:\/\/bccci.net\/bg\/blog\/chinas-private-enterprises-see-steady-growth-2\/","title":{"rendered":"\u0427\u0430\u0441\u0442\u043d\u0438 \u043f\u0440\u0435\u0434\u043f\u0440\u0438\u044f\u0442\u0438\u044f \u0432 \u041a\u0438\u0442\u0430\u0439 \u043e\u0442\u0431\u0435\u043b\u044f\u0437\u0432\u0430\u0442 \u0441\u0442\u0430\u0431\u0438\u043b\u0435\u043d \u0440\u0430\u0441\u0442\u0435\u0436"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"Content\">\n<figure class=\"image\" style=\"display: table;\">\n <img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/img2.chinadaily.com.cn\/images\/202508\/29\/68b10eeca3108622d6407f23.jpeg?w=1200&#038;ssl=1\" data-from=\"newsroom\" data-mimetype=\"image\/jpeg\" id=\"img-68b10eeca3108622d6407f23\" \/><figcaption style=\"display: table-caption; caption-side: bottom;\">\n   A livestreaming host promotes sales of home appliances in Qingdao, Shandong province. ZHANG YING\/FOR CHINA DAILY<br \/>\n <\/figcaption><\/figure>\n<p>SHENYANG &#8211; China on Thursday unveiled the latest rankings of its 500 largest private enterprises, with e-commerce giant JD.com claiming the top spot. The released data show that amid complex economic conditions, the Chinese private sector is leveraging innovation-driven strategies to demonstrate robust resilience and vitality, achieving steady growth.<\/p>\n<p>The list, compiled by the All-China Federation of Industry and Commerce (ACFIC), was released at the 2025 China Top 500 Private Enterprises Summit in Shenyang, capital of Northeast Liaoning province.<\/p>\n<p>JD.com, Alibaba (China) Co Ltd and Hengli Group Co Ltd retained the top three positions on the list for the fourth consecutive year.<\/p>\n<p>This is the 27th survey of large-scale private enterprises organized by the ACFIC. A total of 6,379 enterprises with an operating revenue exceeding 1 billion yuan ($140.72 million) each in 2024 participated in the survey this year. The ACFIC has released the top 500 list according to their operating revenues.<\/p>\n<p>According to the survey, the entry threshold in terms of operating revenue for China&#8220;s top 500 private enterprises rose to around 27 billion yuan in 2024, with their total operating revenue reaching 43.05 trillion yuan, reflecting continued growth in overall scale.<\/p>\n<p>Among them, JD.com reported annual revenue of approximately 1.16 trillion yuan, becoming the first private company in China to surpass the trillion-yuan mark.<\/p>\n<p>&#8222;Despite the challenging economic situation, our company has achieved steady revenue growth,&#8220; said Jin Weidong, chairman of Wellhope Foods Co Ltd, at the summit. His firm has been consistently listed among China&#8217;s top 500 private enterprises for multiple years.<\/p>\n<p>The globally influential agricultural and animal husbandry company registered 74.3 billion yuan in operating revenue last year, marking an increase of over 4 billion yuan compared to the previous year. This achievement elevated its ranking from 162nd to 144th place.<\/p>\n<p>The operational efficiency of the top 500 enterprises has continued to improve, with 361 companies reporting year-on-year revenue growth last year. Specifically, 237 enterprises recorded growth rates exceeding 5 percent, with 161 of them demonstrating growth of over 10 percent.<\/p>\n<p>The combined net profit of the top 500 reached 1.8 trillion yuan, averaging about 3.6 billion yuan per company, a 6.48 percent increase from the previous year, according to the ACFIC.<\/p>\n<p>&#8222;These figures fully demonstrate that China&#8217;s private enterprises possess strong risk resilience and adaptive capacity, providing substantial support for the stable growth of the country&#8217;s economy,&#8220; said Li Zheng, dean of the School of Economics at Liaoning University.<\/p>\n<p>A report released by the ACFIC at the summit highlights a series of impressive data points that outline the trajectory of innovation and breakthrough in China&#8217;s private sector &#8211; the top 500 private firms invested a total of 1.13 trillion yuan in R&amp;D expenditures, employed over 1.15 million R&amp;D personnel, and collectively held 721,600 valid patents, up 8.23 percent year-on-year.<\/p>\n<p>Of the top 500, 171 companies invested over 1 billion yuan in R&amp;D, with 19 enterprises exceeding 10 billion yuan in R&amp;D expenditure. These firms span six strategic sectors including electronic information and automobile manufacturing.<\/p>\n<p>Tencent&#8217;s sustained advancements in cloud computing and artificial intelligence, alongside Huawei&#8217;s substantial investments in 5G communication technology, have become exemplary models of industry innovation, the report said.<\/p>\n<p>The top 500 are proactively accelerating their transition towards digitalization and green development, while actively expanding into strategic emerging industries. The report showed that a total of 64.2 percent of these enterprises have formulated strategic plans for digital transformation, while 83 percent are advancing green and low-carbon transition initiatives.<\/p>\n<p>Additionally, 309 companies have made investments in 627 strategic emerging industry projects, covering key sectors including new materials, new energy, next-generation information technology, high-end equipment manufacturing, new energy vehicles, and energy conservation and environmental protection.<\/p>\n<p>&#8222;We have always adhered to integrating innovation into all areas and the entire process of the company&#8217;s development,&#8220; said Liao Mengyuan, director of the strategic development department at Kingfa Sci &amp; Tech Co Ltd, a supplier of advanced materials in China, ranking 200th on the top 500 list.<\/p>\n<p>Liao revealed that the company&#8217;s sales of modified plastics hit a new record this year, with all core products in the new materials segment achieving rapid growth across the board.<\/p>\n<p>During the 14th Five-Year Plan period (2021-2025), the innovation capacity of China&#8217;s private sector has continued to rise, with private enterprises representing over 92 percent of the firms recognized as national high-tech enterprises.<\/p>\n<p>&#8222;Developing new quality productive forces presents vast opportunities for China&#8217;s private sector,&#8220; said Song Zhiping, president of the China Association for Public Companies.<\/p>\n<p>&#8222;As a series of pragmatic measures are implemented thoroughly, they will continuously stimulate the innovation and creativity of private enterprises, injecting robust momentum into the high-quality development of the country&#8217;s economy,&#8220; Song said.<\/p>\n<p>The top 500 private firms have also exhibited remarkable resilience in their overseas operations. Their total exports amounted to 1.77 trillion yuan, a year-on-year increase of 5.17 percent, while overseas revenues totaled 3.19 trillion yuan, up 14.74 percent from the previous year.<\/p>\n<p>Jiangsu Shagang Group, a global leading steel material manufacturer, ranked 22nd on this year&#8217;s list of China&#8217;s top 500 private enterprises. Gong Sheng, president of the group, said that the company has established stable cooperation with 35 countries participating in the Belt and Road Initiative.<\/p>\n<p>&#8222;These top 500 firms&#8217; endeavors in innovation and internationalization indicate the continuously enhanced competitiveness and expanding global perspective of China&#8217;s private sector, contributing to the elevation of the country&#8217;s economy within the global industrial chain,&#8220; Li said.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.chinadaily.com.cn\/a\/202508\/29\/WS68b10eeca3108622abc9dcbb.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A livestreaming host promotes sales of home appliances in Qingdao, Shandong province. ZHANG YING\/FOR CHINA DAILY SHENYANG &#8211; China on Thursday unveiled the latest rankings of its 500 largest private enterprises, with e-commerce giant JD.com claiming the top spot. The released data show that amid complex economic conditions, the Chinese private sector is leveraging innovation-driven&hellip;&nbsp;<a href=\"https:\/\/bccci.net\/bg\/blog\/chinas-private-enterprises-see-steady-growth-2\/\" rel=\"bookmark\">\u041f\u0440\u043e\u0447\u0435\u0442\u0435\u0442\u0435 \u043f\u043e\u0432\u0435\u0447\u0435 &raquo;<span class=\"screen-reader-text\">\u0427\u0430\u0441\u0442\u043d\u0438 \u043f\u0440\u0435\u0434\u043f\u0440\u0438\u044f\u0442\u0438\u044f \u0432 \u041a\u0438\u0442\u0430\u0439 \u043e\u0442\u0431\u0435\u043b\u044f\u0437\u0432\u0430\u0442 \u0441\u0442\u0430\u0431\u0438\u043b\u0435\u043d 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