Economy
3 Chinese firms in top 10 of Fortune 500
By Zhang Jiawei (chinadaily.com.cn)
Updated: 2010-07-09 13:43
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A total of 54 Chinese companies are in the Fortune Global 500 companies list by revenue, with three of them in the top 10, chinanews.com.cn reported, citing the newest ranking issued on Thursday.
The three Chinese companies, namely Sinopec, State Grid and China National Petroleum, ranked 7th, 8th and 10th, respectively.
China's private firm Huawei Technologies entered the list for the first time, ranking 397th with $21.8 billion in revenue.
Wal-Mart regained the No 1 spot, with revenue of $408.2 billion, leaving behind oil companies Royal Dutch Shell and Exxon Mobil.
The oil-spilled BP and recall-slapped Toyota didn't seem to be affected by their business troubles, ranking 4th and 5th, respectively.
The full list is posted on www.fortune.com.
