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Joining the 500 Club

Joining the 500 Club
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摘要 Chinese companies are catching Fortune magazine readers" attention. This year, 79 enterprises from theChinese mainland, Hong Kong and Taiwan have entered the Fortune Global 500 list, the second largest number behind only the United States with 132. Li Jin, chief researcher at the China Business Management Academy, said the in- crease was due to the economic development of China, now the second largest economy in the world, and the proliferation of increas- ingly profitable businesses. However, compared with U.S. companies on the list, most of their Chinese counterparts are big but far from strong and face various challenges as they establish their global presence. As China rises in prosperity, more domestic companies join the ranks of Fortune industry leaders Chinese companies are catching Fortune magazine readers’attention. This year,79 enterprises from the Chinese mainland, Hong Kong and Taiwan have entered the Fortune Global 500 list, the second largest number behind only the United States with 132.
作者 Lan Xinzhen
出处 《Beijing Review》 2012年第31期34-35,共2页 北京周报(英文版)
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