More China firms enter Forbes' list

Industrial and Commercial Bank of China (ICBC), the world's biggest bank by market value, and 90 other companies from the Chinese mainland, figure in this year's list of the world's 2,000 biggest companies compiled by Forbes magazine, up from last year's 88 firms.

ICBC has been ranked 12th, the highest for a Chinese company, in the Forbes Global 2000 list, which uses equal weighting of sales, profits, assets and market value to rank companies according to size.

The country's largest oil producer China National Petroleum Corp is ranked 14th on the list, while another banking giant China Construction Bank is 23rd.