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61 Mainland Corporations Enter Fortune Global 500

61 Mainland Corporations Enter Fortune Global 500

Write: Bersh [2011-07-09]
Sixty-one Chinese mainland corporations were listed in the Fortune Global 500 2011 which was published this Thursday, 15 more than last year's, China News Service reports.

Sinopec Group, China National Petroleum and State Grid remain in the top 10 with the respective ranks 5, 6 and 7.

Of the 15 Chinese mainland corporations new to this year's list, Lenovo Group (rank 449) and China Ocean Shipping (rank 398) made a reappearance whilst the other 13 corporations feature for the first time.

Eight Taiwan corporations are also on the list.

With a total of 133 corporations, the United States has the largest number of entries in the Global 500. Wal-Mart Stores remain in first rank.

The Fortune Global 500 is a ranking of the top 500 corporations worldwide according to revenue. The list is compiled and published annually by Fortune magazine.