Today, the National Federation of Industry and Commerce released the "2016 China Private Enterprises Top 500" list, Huawei surpassed Lenovo to become the top, Suning and Shandong Weiqiao won the second and third place. According to the list, the threshold for the top 500 private enterprises was 10.175 billion, an increase of 666 million yuan from last year's 9.509 billion yuan, breaking through 10 billion for the first time. Among them, Huawei Investment Holdings Co., Ltd. ranked first in the top 500 with an annual operating income of 39.509 billion yuan. Last year's champion, Legend Holdings Co., Ltd., retired to fourth place with 309.826 billion yuan.
The top fifteen are: Huawei, Suning, Weiqiao, Lenovo, Zhengwei International, Dalian Wanda, China Huaxin, Hengli Group, Jiangsu Shagang, Vanke, Jingdong, Geely, Hailiang, Midea, Evergrande Real Estate.
In 2015, the total operating income of China's top 500 private enterprises was 1,468.88 billion yuan, with an average household income of 29.38 billion yuan, an increase of 11.21% over the previous year; total assets reached 1,382,197.78 million yuan, with an average household income of 27.644 billion yuan, an increase of 25.38% over the previous year.
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