In 2021, Fortune 500 Announced: Hengli Ranked 67Th And Rongsheng Holdings Was Listed For The First Time

The Fortune Global 500 list was released on August 2. This year's top 500 companies' operating revenue was about $31.7 trillion, down 5% from last year. The total net profit was $1.6 trillion, a sharp decrease of 20% over the same period of last year, which was the biggest drop since 2009. Wal Mart became the world's largest company for the eighth consecutive year. Among them, Hengli Group ranks the highest in China's textile industry, ranking 67th, while Zhejiang Rongsheng holding group (255) is on the list for the first time, Shenghong Holding Group Co., Ltd. (311) rises by more than 100 places, Shandong Weiqiao Venture Group Co., Ltd. (282), Zhejiang Hengyi group (309), Shandong Weiqiao Venture Group Co., Ltd China General Technology (Group) Holding Co., Ltd. (430) is also on the list.

Although the new epidemic situation in 2020 has brought difficulties to enterprises, the average sales revenue and average profit of Chinese companies on the list are basically the same as that of the previous year. At the same time, due to the rapid recovery from the epidemic, the number of Chinese companies entering the list in 2021 has not only expanded in number, but also improved in the horizontal comparison.

China has effectively curbed the new epidemic, which makes enterprises rapidly resume and expand production. The increase of foreign orders of Chinese enterprises leads to the expansion of foreign trade. In 2020, China is the only major economy in the world to achieve positive trade growth, and the annual import and export scale has reached a record high. The growth of international trade has promoted the recovery and stable development of Chinese companies.

(source: China Textile)