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CSR Selected into World Top 2000 by Forbes

CSR Selected into World Top 2000 by Forbes

Write: Morag [2011-05-20]

Recently, the Forbes magazine announced the updated roster of the World Top 2000 Listed Companies , and 201 Chinese firms were selected into the roster. Therein, 113 companies are located in China mainland, 49 companies located in Hong Kong, and 39 located in Taiwan. CSR ranked the 63rd place amongst companies of China mainland.

The World Top 2000 roster is not centered on single index like sales revenue but evaluated by the Forbes through comprehensively weighing diverse indexes in respect of the company scale, such as sales revenue, profitability, assets, and market value. Therefore, the 2010 World Top 2000 shows global commerce s dynamic trend, and it relates to different kinds of companies of 62 countries. Therein, 515 American companies were selected into the roster, and 210 Japanese companies listed.

As China s largest rail transit equipment manufacturer, CSR boasts independent innovation, scale production, and standard service of such products as railway locomotives, passenger trains, freight trains, EMUs, urban rail metro, and relevant components. So far, 70% of high-speed EMUs in service in China originate from CSR.

Moreover, the company is a key player in burgeoning industries like wind power equipments, electric vehicle, and new materials etc., and in the future, it will cultivate a product cluster featuring remarkable characteristics, reasonable layout, core technology possession, and international competitiveness.