The Most Successful Chinese Companies: A Ranking of Excellence

Choose the companies you think is the most successful!

Author: Gregor Krambs
Updated on Apr 11, 2024 06:17
Welcome to StrawPoll, where your opinion matters! We are excited to present our latest ranking, "What are the most successful Chinese companies?". In today's rapidly evolving global economy, China has emerged as a powerhouse, with numerous companies making a significant impact worldwide. Now, it's your turn to voice your opinion and vote for your favorite Chinese company or suggest a missing contender. Will it be tech giants like Huawei, e-commerce behemoths like Alibaba, or an unexpected dark horse that takes the lead? Dive into this engaging ranking and discover the Chinese companies that are shaping our world. Don't miss out on the chance to contribute to this fascinating conversation and cast your vote now!

What Are the Most Successful Chinese Companies?

  1. 1
    67
    votes
    Alibaba Group
    N509FZ · CC BY-SA 4.0

    Alibaba Group

    Jack Ma
    The largest e-commerce company in the world, providing online and mobile marketplaces, cloud computing, and digital payment services.
    The Alibaba Group is a multinational conglomerate headquartered in Hangzhou, China. It was founded by Jack Ma in 1999 and is considered one of the most successful Chinese companies. Alibaba operates in various sectors, including e-commerce, retail, internet, technology, and cloud computing. Its primary platforms include Taobao, Tmall, Alibaba.com, and AliExpress.
    • Founded Date: 1999
    • Headquarters: Hangzhou, China
    • Industry: Conglomerate
    • Primary Sectors: E-commerce, Retail, Internet, Technology, Cloud Computing
    • Notable Platforms: Taobao, Tmall, Alibaba.com, AliExpress
  2. 2
    26
    votes
    Tencent Holdings
    Charlie fong · CC BY-SA 4.0
    A multinational conglomerate that specializes in various Internet-related services and products, including social networking, gaming, and online advertising.
    Tencent Holdings is a Chinese multinational conglomerate holding company, specializing in various internet-based products and services. It is one of the largest and most successful technology companies in the world.
    • Founded: November 11, 1998
    • Headquarters: Shenzhen, Guangdong, China
    • Industry: Internet, technology, gaming
    • Products and Services: WeChat, QQ, Tencent QQ Music, Tencent Video, Tencent Games, Tencent Cloud, Tencent AI Lab, and more
    • Number of Employees: Over 61,000 (as of 2021)
  3. 3
    29
    votes

    China Mobile

    Chinese government
    The world's largest mobile telecommunications corporation, providing mobile voice and data services, broadband services, and other related services.
    China Mobile is a state-owned telecommunications company in China. It is the largest mobile network operator in the world, providing voice and data services to millions of customers across China. With its extensive network coverage and advanced technology, China Mobile has positioned itself as a leader in the telecommunications industry.
    • Industry: Telecommunications
    • Founded: 20 April 2000
    • Headquarters: Beijing, China
    • Network Coverage: Nationwide
    • Number of Subscribers (2020): 946 million+
    China Mobile in other rankings
  4. 4
    18
    votes
    Industrial and Commercial Bank of China
    N509FZ · CC BY-SA 4.0
    The largest bank in the world by total assets, providing a range of banking and financial services.
    The Industrial and Commercial Bank of China (ICBC) is one of the largest and most successful Chinese companies. It is a multinational banking and financial services corporation headquartered in Beijing, China. ICBC was established in 1984 and has since grown into one of the world's largest banks by total assets and market capitalization.
    • Headquarters: Beijing, China
    • Founded: 1984
    • Type: Public
    • Industry: Banking and finance
    • Products: Retail banking, corporate banking, treasury operations, asset management, insurance, investment banking, and more
  5. 5
    16
    votes
    China Petroleum & Chemical Corporation (Sinopec)
    WhisperToMe · CC0
    One of the largest oil and gas companies in the world, engaged in exploration, production, refining, and marketing.
    China Petroleum & Chemical Corporation (Sinopec) is one of the largest integrated energy and chemical companies in China. It was established in 2000 and is headquartered in Beijing, China. Sinopec is engaged in exploration, production, refining, marketing, and distribution of oil and petrochemical products.
    • Revenue: ¥2.8 trillion (2019)
    • Number of Employees: over 600,000
    • Industry: Oil and gas
    • Products: Petroleum, natural gas, petrochemicals
    • Refining Capacity: over 450 million tons per year
  6. 6
    13
    votes
    China Construction Bank
    Max12Max · CC BY-SA 4.0

    China Construction Bank

    The People's Republic of China
    One of the largest banks in the world, providing a range of banking and financial services.
    China Construction Bank (CCB) is one of the largest banks in China, providing a wide range of financial services and banking products. It was established in 1954 and is headquartered in Beijing, China.
    • Assets: Total assets of over CNY 23 trillion (approximately USD 3.62 trillion)
    • Revenue: Operating income of CNY 790 billion (approximately USD 124 billion)
    • Profit: Net profit of CNY 315 billion (approximately USD 49.5 billion)
    • Market Capitalization: One of the world's most valuable banks with a market capitalization of over USD 200 billion
    • Branch Network: Over 14,000 domestic branches and overseas branches in major cities worldwide
  7. 7
    14
    votes
    Ping An Insurance
    Charlie fong · CC BY-SA 4.0

    Ping An Insurance

    Ma Mingzhe
    One of the largest insurance companies in the world, providing life and health insurance, property and casualty insurance, and asset management services.
    Ping An Insurance, also known as Ping An of China, is a leading Chinese insurance and financial services company. It offers a wide range of products and services, including life and health insurance, property and casualty insurance, banking, asset management, and fintech solutions.
    • Founded in: 1988
    • Headquarters: Shenzhen, China
    • Industry: Insurance, Financial Services
    • Revenue (2019): ¥1.1 trillion ($163 billion)
    • Total Assets (2019): ¥7.3 trillion ($1.1 trillion)
    Ping An Insurance in other rankings
  8. 8
    10
    votes
    Huawei Technologies
    Brücke-Osteuropa · Public domain

    Huawei Technologies

    Ren Zhengfei
    A multinational technology company that provides telecommunications equipment and consumer electronics, including smartphones and tablets.
    Huawei Technologies is a Chinese multinational technology company that specializes in telecommunications equipment and consumer electronics. It was founded in 1987 by Ren Zhengfei, a former engineer in the People's Liberation Army. Huawei has grown to become one of the largest telecommunications equipment manufacturers in the world, competing with companies like Cisco and Ericsson. The company's products and services include smartphones, tablets, networking equipment, cloud computing, and AI technology.
    • Headquarters: Shenzhen, China
    • Founded: 1987
    • Industry: Telecommunications, Technology
    • Revenue: CNY 858.8 billion (FY2020)
    • Employees: 197,000+
    Huawei Technologies in other rankings
  9. 9
    4
    votes
    China State Construction Engineering Corporation
    N509FZ · CC BY-SA 4.0
    One of the largest construction companies in the world, engaged in a range of construction projects, including infrastructure, commercial, and residential buildings.
    The China State Construction Engineering Corporation (CSCEC) is a state-owned construction and real estate company based in Beijing, China. It is one of the largest and most successful construction companies in the world, with operations spanning across domestic and international markets.
    • Revenue: In 2020, CSCEC reported a revenue of approximately $180 billion.
    • Employees: It employs over 270,000 people worldwide.
    • Projects: CSCEC has undertaken numerous landmark construction projects globally, including the Burj Khalifa in Dubai and the China Pavilion at the Shanghai World Expo.
    • Global Presence: The company operates in more than 100 countries and regions worldwide.
    • Diversified Business: CSCEC engages in various sectors, such as construction, real estate development, design, investment, infrastructure development, and more.
  10. 10
    1
    votes
    China Life Insurance
    N509FZ · CC BY-SA 4.0
    One of the largest insurance companies in the world, providing life and health insurance, property and casualty insurance, and asset management services.
    China Life Insurance is the largest state-owned insurance company in China, providing a wide range of life insurance, pension plans, and asset management services. It was founded in 1949 and is headquartered in Beijing, China.
    • Industry: Insurance
    • Founded: 1949
    • Headquarters: Beijing, China
    • Ownership: State-owned
    • Assets: Over $400 billion (2019)

Missing your favorite companies?

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Discussion

Ranking factors for successful companies

  1. Revenue
    The overall revenue generated by the company is an important factor, as it reflects the company's ability to sell products or services.
  2. Profit
    A company's profitability indicates its ability to generate profits for its shareholders, which is essential for a business's long-term success.
  3. Market Capitalization
    Market capitalization is the total value of a company's outstanding shares of stock. It can serve as an indicator of a company's financial strength and public perception.
  4. Global Presence
    The ability of a Chinese company to operate internationally is crucial to its success, as it provides access to growth opportunities and diversified revenue streams.
  5. Innovation
    The extent to which a company is investing in research and development, and successfully launching new products and services, is a critical factor in determining its long-term success.
  6. Brand Value
    A strong brand is crucial for a company's success, as it can lead to consumer loyalty, attract talent, and make it easier to expand into new markets.
  7. Industry Leadership
    The position a company holds within its industry can also be an important factor to consider. Industry leaders tend to have more pricing power, better access to resources, and increased bargaining power with suppliers and customers.
  8. Corporate Social Responsibility (CSR)
    CSR can play a significant role in a company's success. Companies with strong CSR initiatives tend to build stronger relationships with their stakeholders, boast better reputations, and attract more customers.
  9. Employee Satisfaction
    Employee satisfaction impacts productivity, loyalty, and the overall success of a company. Organizations that prioritize their employees' happiness are generally more successful and sustainable in the long run.

About this ranking

This is a community-based ranking of the most successful Chinese companies. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or company is missing, feel free to help improve the ranking!

Statistics

  • 1670 views
  • 198 votes
  • 10 ranked items

Voting Rules

A participant may cast an up or down vote for each company once every 24 hours. The rank of each company is then calculated from the weighted sum of all up and down votes.

More information on most successful chinese companies

China has become a global economic powerhouse, with a burgeoning market and a growing middle class. Over the past few decades, Chinese companies have emerged as major players in various industries, ranging from technology to healthcare, and have been successful in both domestic and international markets. Some of the most successful Chinese companies include Alibaba, Tencent, and Huawei. Alibaba, one of the largest e-commerce companies in the world, has a market cap of over $500 billion and dominates the Chinese online retail market. Tencent, a multinational conglomerate, is known for its social media platform WeChat, which has over 1 billion monthly active users. Huawei, a global leader in telecommunications equipment, has been expanding rapidly in recent years and has become the world's second-largest smartphone manufacturer. Other notable Chinese companies include Baidu, the largest search engine in China, and Xiaomi, a technology company known for its smartphones and smart home devices. These companies have not only achieved financial success but have also made significant contributions to the development of the Chinese economy and society. Despite their successes, Chinese companies still face challenges, including regulatory issues and concerns about intellectual property rights. However, with their increasing global reach and market influence, Chinese companies are likely to continue to make waves in the international business world.

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