On July 31, the latest Fortune China 100 was released on the Chinese website of the website. The ranking was formulated by Fortune China and the CICC Wealth Management to reflect performance and achievements of the largest public Chinese enterprises in the world. China State Construction Engineering Corp., Ltd. (CSCEC) held the third place in the ranking.
The turnover of the 500 enterprises totaled RMB33.54 trillion this year, increasing by 9% over the previous year, and the net project grew by about 2.2% to RMB2.8 trillion. The increase rate of the two indicators is higher than previous year. The annual turnover threshold this year for the ranking is RMB11.323 billion, exceeding RMB10 billion for the first time.
CSCEC has ranked third among Fortune China 500 for two consecutive years in 2015 and 2016.