China’s top 10 biggest public companies

The Industrial and Commercial Bank of China took the crown as the world’s biggest public companies, according to the latest Global 2000 list released by Forbes in May 2021.

The list has measured the world’s largest public companies in terms of four equally weighted metrics: assets, market value, sales and profits. The threshold for the 2021 ranking was $8.26 billion, up from $5.27 billion in 2020.

Here are China’s 10 biggest public companies in the list.

No 10 China Mobile

Global rank: 32

People look around experiencing the products exhibited at the 2020 China Mobile Global Partners Conference in Guangzhou, South China’s Guangdong province, on Nov 21, 2020.

No 9 Tencent Holdings

Global rank: 29

People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province on Aug 7, 2020

No 8 Postal Savings Bank of China

Global rank: 28

A staff member is ready to receive clients at a branch of Postal Savings Bank of China.

No 7 Alibaba Group

Global rank: 23

The Alibaba Group logo is seen during the company’s 11.11 Singles’ Day global shopping festival at its headquarters in Hangzhou, Zhejiang province on Nov 11, 2020.

No 6 China Merchants Bank

Global rank: 22

The logo of China Merchants Bank.

No 5 Bank of China

Global rank: 14

A man walks past a branch of Bank of China in Hangzhou, Zhejiang province on May 6, 2020

No 4 Agricultural Bank of China

Global rank: 9

Employees in an Agriculture Bank of China booth help a customer.

No 3 Ping An Insurance Group

Global rank: 6

Visitors check out the exhibits of Ping An Insurance (Group) Co of China Ltd at the China (Shenzhen) International Financial Fair in Shenzhen, South China’s Guangdong province

No 2 China Construction Bank

Global rank: 4

The China Construction Bank logo is seen at a booth.

No 1 Industrial and Commercial Bank of China

Global rank: 1

The Industrial and Commercial Bank of China booth at an expo in Guangzhou, Guangdong province.

Source: China Daily