The All China Federation of Industry and Commerce unveiled its latest list of top 500 Chinese private enterprises on August 29, 2013.

Suning Appliance, Legend Holdings and Huawei Technologies made up the list’s top three. Operating revenues of these three enterprises totaled at 232.7 billion yuan (US$ 38 billion), 226.6 billion yuan (US$ 37 billion) and 220.1 billion yuan (US$ 36 billion) respectively. Steelmaker Jiangsu Shagang Group, the biggest private company on the 2012 list, ranked fourth this time.

The lowest operating revenue of China’s private enterprises on the 2013 list was 7.772 billion yuan, up 1.203 billion yuan from one year earlier, compared to the 1.509-billion-yuan increase on the 2012 list.

Total operating revenues of the top 500 Chinese private enterprises crossed the 10-trillion-yuan line in 2012.

Following are the top 10 China’s private enterprises in 2013:

 Midea Group 美的集團(tuán)股份有限公司

Midea Group [Photo: tupian.hudong.com]

Revenue 2012: 102.65 billion yuan

Sector: Electrical manufacturing

Headquarters: Guangdong