2025 China's top 500 companies announced: State Grid, Sinopec, PetroChina ranked top three.

On September 15th, the China Enterprise Confederation and China Entrepreneur Association released the 2025 list of the top 500 Chinese enterprises. State Grid ranked first with a revenue of 3.95 trillion yuan, followed by Sinopec with a revenue of 2.97 trillion yuan, and PetroChina with a revenue of 2.93 trillion yuan. Other companies in the top ten include China Construction, ICBC, Agricultural Bank of China, China Construction Bank, Bank of China, China Railway Construction, and JD.com. In total, 15 companies had a revenue exceeding one trillion yuan. The qualification threshold for this year's list was 479.6 billion yuan, an increase of 5.79 billion yuan from the previous year.