On September 20, a number of economic data were released. Data show that my country's industrial operation continued to improve in August, and corporate efficiency improved.
Industrial operations continued to improve in August
In August, the added value of my country's industrial enterprises above designated size increased by 4.5% year-on-year, and the growth rate accelerated by 0.8 percentage points from the previous month. Among the 41 major industrial industries, the added value of 27 industries increased year-on-year. Among the top 10 manufacturing industries accounting for GDP, 7 industries have a growth rate higher than the national average, and the 10 major industries contribute 87.4% to the overall industrial growth. In August, industrial production recovered steadily, corporate efficiency gradually improved, and industrial operations generally improved.
Since the beginning of this year, the three major indicators of my country’s shipbuilding industry have increased across the board
From January to August, the national shipbuilding completion volume, new ship orders, and ship orders in hand all maintained double-digit growth. my country's shipbuilding completion volume, new orders, and on-hand orders account for 49%, 68.8%, and 53.9% of the world's market share respectively, continuing to maintain its leading position in the world.
The entry threshold for the top 500 companies has increased by 2.373 billion yuan compared with the previous year
On September 20, the China Enterprise Confederation released the "Top 500 Chinese Enterprises in 2023" list.
The scale of the top 500 Chinese enterprises in 2023 has maintained a growth trend, and the entry threshold is 46.998 billion yuan, which is 2.373 billion yuan higher than the entry threshold for the top 500 companies in the previous year. In 2023, the total operating income of the top 500 Chinese companies reached 108.36 trillion yuan, an increase of 5.74% over the previous year. In terms of operating efficiency, the top 500 Chinese companies achieved a net profit of 4.29 trillion yuan in 2023, a decrease of 3.80% from the previous year.
The degree of internationalization of the top 500 Chinese companies continues to increase
The average transnational index of the top 100 Chinese multinational companies in 2023 is 15.90%, and the entry threshold is 17.909 billion yuan, an increase of 4.413 billion yuan or 32.70% over the previous year; the total overseas assets and overseas operating income reached 11.77 trillion yuan and 9.11 trillion yuan, an increase of 9.45% and 16.94% respectively over the previous year.
For the first time, the number of top 500 companies with hundreds of billions of dollars exceeded 50%
Among the top 500 Chinese companies in 2023, the number of companies with hundreds of billions of dollars accounted for more than 50% for the first time, and the number of companies with trillions of dollars reached 16; the number of companies with operating income of more than 100 billion yuan increased to 254, accounting for more than 50%. A net increase of 10 companies. There are 16 companies with operating income exceeding 1 trillion yuan. Among them, the operating income of State Grid, China Petroleum and Sinopec exceeded 3 trillion yuan, and the operating income of China Construction exceeded 2 trillion yuan.
Manufacturing companies among the top 500 companies increased for the third consecutive year
On September 20, the China Enterprise Confederation released the "Top 500 Chinese Enterprises in 2023" list. Among the top 500 Chinese enterprises in 2023, the number of manufacturing companies shortlisted has increased for three consecutive years, reaching 264 in the 2023 list, an increase of 8 from the previous year. There are 164 service industry companies and 72 shortlisted companies in other industries. Judging from the list changes, there are 48 newly shortlisted or re-listed companies. Among these companies, 28 are in the manufacturing industry, accounting for 58.33%.
The number of patents and invention patents of the top 500 companies has increased significantly
The total R&D expenses of the top 500 Chinese manufacturing companies in 2023 will reach 1.096215 billion yuan, an increase of 3.83% over the previous year. The quality of innovation results has been significantly improved, with the number of patents reaching 1.4384 million, an increase of 133,900 or 10.27% over the previous year; invention patents reaching 644,100, an overall increase of 69,200 over the previous year, an increase of 12.04%; patents Quality has been steadily improved, with invention patents accounting for 44.78%. Looking at different industries, the average R&D expenses in aerospace, communications equipment manufacturing, rail transit equipment manufacturing, and textile printing and dyeing are among the highest.
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