The China Enterprise Federation and the China Entrepreneur Association released the annual list of China’s top 500 enterprises, of which 18 are from the textile industry.
The entry threshold for these top companies was annual revenue of Yuan 46.998 billion, up Yuan 2.373 billion over the previous year and includes those who manufacture, as well as offer services.
The number of companies with turnover of over Yuan 100 billion exceeded 50 percent of the companies in China’s top 500 companies.
The eighteen textile companies shortlisted include Hengli Group Co., Ltd. ranked 36th with revenue of Yuan 611.757 billion and Zhejiang Rongsheng Holding ranked 40th with turnover of Yuan 579.618 billion.
While, Shenghong Holdings Group ranked 66th with annual income of Yuan 412.022 billion
18 textile firms in top 500 Chinese companies list
