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Five XM firms ranked on Fortune China 500
A total of five locally-based companies appeared on the most recent version of the Fortune China 500 list. The local entrants included Xiamen C&D, the Xiamen International Trade Group, the Xiamen Xiangyu Group, Anta Sports Products and Xiamen Tungsten.
The revenue threshold for listed companies this year is approximately $3.74 billion, up about nine percent year-on-year.
The total revenue for listed companies last year reached $14.6 trillion, a decrease of about three percent compared to the previous year.
Net profit amounted to $706.4 billion, down approximately 1.5 percent year-on-year.