托福阅读机经:中国百强企业.docVIP

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托福阅读机经:中国五百强企业 小马过河为大家准备了“托福阅读机经:中国五百强企业”,供各位备考托福的考生们参考使用,来提高自己的托福成绩!免费咨询电话:400-0123-267   The China Enterprise Confederation (CEC) has released its latest list of the countrys top 500 companies.   State-owned China Petrochemical Corporation, also called Sinopec, was the largest company by revenue, with 1.06 trillion yuan in 2006. It was the only company to top 1 trillion yuan.   Foreign trade dealer Zhucheng Waimao Co Ltd ranked 500. The Shandong province-based company recorded 7.216 billion yuan.   A total of 349 enterprises, or nearly 70 percent of the total in the list, were state-owned or state-controlled. Their combined assets reached 14.9 trillion yuan at the end of 2006, accounting for 85 percent of the total.   Companies in the list witnessed a 23.7 percent increase in revenue and 25.9 percent hike in profits from the previous year.   However, the money-earning performance of the 500 still falls far behind that of the worlds top 500 as compiled by Forbes.   Chinas top performers recorded a modest 4.72 percent on profit margin, lower than the average 7.32 percent of the worlds top 500, the CEC report said.   The return on equity of the top 500 was 10.1 percent, much lower than the 16.1 percent of the worlds top 500.   The top 500 China is still mainly ranked in size instead of performance, Li Wei, deputy director of the State-owned Assets Supervision and Administration Commission of the State Council said.   That is a gap between China and developed countries.   A total of 22 Chinese companies were among the worlds top 500 in 2007. Sinopec, the largest company in China, ranked 17th.   Chinas top firms have still focused their business on traditional industries, mainly manufacturing, Yang Du, professor at Renmin University of China, said.   As many as 280 companies, accounting for 56 percent of the top 500 are from manufacturing industries, and less than 30 percent are from service-related industries.   Chinas top 500 have been continually expanding, with 131

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