Business Brief (Sept. 23): China’s Top 500 Private Firms Unveiled
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JD.com, Alibaba and Hengli Group took the top three spots on the 2026 China top 500 private enterprises list, followed by Huawei in fourth place.
The 500 companies generated a total revenue of 44.9 trillion yuan last year, up 4% on average for each enterprise, and a combined net profit of 1.8 trillion yuan, an average increase of 1% for each enterprise.
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