China’s State Grid is at 3rd place with a revenue of $545.95 billion in 2023 on this year’s Fortune Global 500 list, Fortune China reports.
Chinese Sinopec Group ($429.7billion) and China National Petroleum Corp ($421.71 billion) also excelled on the list, taking the fifth and sixth spots on the list.
Walmart remains number 1 for the 11th consecutive year with a revenue of $648.13 billion. Amazon is the 2nd with a revenue of $574.79 billion.
A total of 133 Chinese companies are on the list, with an aggregate revenue of about $11 trillion for 2023, including 10 automobile and auto parts enterprises.
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