10 Most Famous Chinese Companies


 

China’s economy has expanded at a rapid pace in recent decades to become the world’s second largest, as measured by nominal GDP.

China, the world’s most populous nation, has long been a manufacturing and exporting powerhouse.

But the COVID-19 pandemic in 2020  slashed China’s growth in the short term. The pandemic led to differentiated growth in the global industrial ecosystem.

 The revenue of the online internet service industry increased while revenue in the transportation, logistics, storage, ports, and textile and clothing industries was significantly impacted.

Moreover, the electronics and electronic components industries, computers, communications and communications equipment showed steady growth.

Tech companies, especially internet companies, have entered the industrial internet era from the consumer internet era, which is reshaping the traditional industries’ processes, including production, sales and circulation

On April 28th 2021, Time Magazine selected the 100 most influential companies, nine Chinese companies made the list. 

Here are 10 of the most famous Chinese companies.

 

1.      Ten Cent Holding Ltd

INDUSTRY                         : Management of Companies and Enterprises ,
REVENUE (2020-21)       : $73.24 billion
EMPLOYEES                      : 85,858
KEY PRINCIPAL               : Huateng Ma
PHONE                 `              : +86.755.86013388
ADDRESS: Tencent Building Zhongqu First Road, Hi-tech Park Nanshan District SHENZHEN, GNG 518054 China

Photo by @Avarage person  on

Tencent Holdings Limited is an investment holding company principally involved in the provision of value-added services (VAS) and online advertising services.

The Company operates through three main segments. The VAS segment is mainly involved in provision of online/mobile games, community value-added services and applications across various Internet and mobile platforms.

The Online Advertising segment is mainly engaged in display-based and performance-based advertisements.

The Others segment is mainly involved in the provision of payment related services, cloud services and other services.

Tencent Holdings Limited is incorporated in George Town, Grand Cayman, Cayman Islands and is part of the Management of Companies and Enterprises Industry.

There are 104 companies in the Tencent Holdings Limited corporate family.

Website:                    

2.      Huawei

INDUSTRY                     : electronics & software
REVENUE (2020-21)    : $99.48 billion
EMPLOYEES                    : 194,000
KEY PRINCIPAL              : ren zhengfei
PHONE                               :  86-755-2878-0808 
ADDRESS: Base Bantian Longgang District Shenzhen, 518129 China
silver macbook on brown wooden table

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Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices.

They operate in over 170 countries and regions, serving more than three billion people around the world.

Huawei is the world’s second largest mobile phone manufacturer and top telecommunications equipment manufacturer.

Huawei’s mission is to bring digital to every person, home and organization for a fully connected, intelligent world.

They strive to drive ubiquitous connectivity and promote equal access to networks to lay the foundation for the intelligent world;

Additionally, Huawei has played a leading role in the development of 5G in China â€“ a transformative technology that can increase download and upload speeds exponentially.

Huawei is a private company wholly owned by its employees.

Through the Union of Huawei Investment & Holding Co., Ltd., implement an Employee Shareholding Scheme involving 121,269 employees.

Only Huawei employees are eligible to participate.

No government agency or outside organization holds shares in Huawei.

Website:                  

3.      BYD Auto Company

INDUSTRY                                     : Motor Vehicle  Manufacturing
REVENUE (2020-21)                    : $24.50 billion
EMPLOYEES                                   : 224,280(Global )
KEY PRINCIPAL                             : Chuan Fu Wang
PHONE                                              : 86-755-8988-8888
ADDRESS: No. West 1, Caotang Keji Chanye Jidi Qinling Avenue, High-Tech  Zone Xian, Shaanxi, 710000 China 
black vehicle steering wheel close-up photography

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Byd Auto Co., Ltd. is located in Xian, Shaanxi, China and is part of the Motor Vehicle Parts Manufacturing Industry there are 407 companies in the Byd Auto Co. Ltd. corporate family.

Although the company’s sales of battery-powered electric passenger cars fell by 11% in 2020, the demand for its electric luxury cars is steadily rising.

BYD also produces electric buses in the United States and Europe and has established partnerships to help establish Japan’s first pure electric bus loop.

In the past 2020, the company’s stock price has risen by more than 300%.

Website: 

4.      Alibaba.com LLC

INDUSTRY                      : Electronic Shopping and Mail-Order Houses ,  Nonstore Retailers 
REVENUE (2020-21)     : $72  billion
EMPLOYEES                     : 4,581 (Global)
KEY PRINCIPAL               :  Jack Yun MA
PHONE                                : (408) 785-5580
ADDRESS: 525 Almanor Ave Ste 400 Sunnyvale, CA, 94085-3542 United States 
person holding white iphone 5 c

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Alibaba Group Holding Limited, also known as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.

There are 101 companies in the Alibaba (China) Technology Co., Ltd. corporate family.

Alibaba is China’s largest e-commerce company, with total sales of 1 trillion U.S. dollars and its revenue in 2020 was 72 billion U.S. dollars. The company’s services have 1.3 billion users worldwide.

Website: 

5.      China Petroleum & Chemical Corp

INDUSTRY                       : Oil and Gas  
REVENUE (2020-21)      : $326.3 billion  
EMPLOYEES                     :  384,065 (Global)
KEY PRINCIPAL              :  YONGSHENG MA
PHONE                               : +852-28242638
ADDRESS  : 20/F CONVENTION PLZ OFFICE TWR 1 HARBOUR RD Wan Chai Hong  Kong

China Petroleum & Chemical is a producer and distributor of a variety of petrochemical and petroleum products.

The company’s products include gasoline, diesel, kerosene, synthetic rubbers and resins, jet fuel, and chemical fertilizers, among other related offerings.

Also known as Sinopec, China Petroleum & Chemical is among the largest oil refining, gas, and petrochemical companies in the world. It is administered by the State Council of the People’s Republic of China.

There are 11,536 companies in the China Petroleum & Chemical corporate family.

Website

6.      ByteDance (Tik Tok)

INDUSTRY                             : Information Services
REVENUE (2020-21)           : $17.2 billion 
EMPLOYEES                          :  100,000 (Global)
KEY PRINCIPAL                   :  Rubo Liang
PHONE                                   : +86 010 0000 0000
ADDRESS : Room 10A, Building 2, No. 48, Zhichun Road Haidian District Beijing, 100089 China
Tiktok, Social Media, App, Tik Tok, Smartphone, Iphone

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Developer of technologies intended to be applied to mobile internet scenarios. The company focuses on applying artificial intelligence technology to mobile internet applications.

The company owns multiple brands that they have developed in-house such as Toutiao and TikTok.

TikTok, known in China as Douyin is a video-focused social networking service owned by Chinese company ByteDance Ltd. 

It hosts a variety of short-form user videos, from genres like pranks, stunts, tricks, jokes, dance, and entertainment with durations from 15 seconds to ten minutes.

TikTok is an international version of Douyin, which was originally released in the Chinese market in September 2016.  

TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it became available worldwide only after merging with another Chinese social media service, Musical.ly, on 2 August 2018.

The idea of short videos is not completely new, but this platform is gaining momentum. As of August 2020, TikTok had been downloaded 2 billion times globally and had over 100 million monthly active users in the US.

ByteDance Limited operates as a multinational internet technology holding company. The Company operates a range of content platforms that inform, educate, entertain, and inspire people. ByteDance serves clients worldwide.

Website:

7.  China Life Insurance Co. Ltd (LFC)

INDUSTRY                                      : Insurance (Life)
REVENUE (2020-21)                    : $111.1 billion   
EMPLOYEES                                    :  21,475 (Global)
KEY PRINCIPAL                              :  Changqing Yuan
PHONE                                                : +86.10.63633333
 ADDRESS : No. 16, Jinrong Avenue, Xicheng District BEIJING, BEJ 100033 China
 
File:ChinaLifeHangzhou.jpg

Image by Raysonho from

China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products.

It operates through three segments: Life Insurance, Health Insurance, and Accident Insurance.

The Life Insurance segment provides participating and non-participating life insurance and annuities to individuals and groups.

Health Insurance segment provides short-term and long-term health insurance to individuals and groups.

While the  Accident Insurance segment provides short-term and long-term accident insurance to individuals and groups.

It is majority state-owned.

Website: 

8. Taiwan Semiconductor Manufacturing  Company

INDUSTRY                                         : Semiconductors
REVENUE (2020-21)                    : $53.96 billion   
EMPLOYEES                                      :  56,831 (Global)
KEY PRINCIPAL                               :  Mark Liu
PHONE                                                : +886.3.5636688
ADDRESS: No.8 Li-Hsin 6th Road, Hsinchu Science Park 300 Taiwan
 
Circuit, Electric, Trace, Computer, Circuit Board

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TSMC is known as the ‘world’s dedicated semi-conductor foundry’ since 1987.

TSMC’s foundry business model has enabled the rise of the global fabless industry, and since its inception, TSMC has been the world’s leading semiconductor foundry.

The Company manufactured 11,617 different products using 281 distinct technologies for 510 different customers in 2020.

Taiwan Semiconductor Manufacturing Co., Ltd. is principally engaged in the manufacture and sale of integrated circuits and semiconductor products.

The Company’s products are applied to personal computer (PCs) and peripheral products, information applications, wired and wireless communication systems, industrial equipment, consumer electronics such as digital video disc players, digital TVs, game consoles and digital cameras.

The Company is also engaged in the development of 5-nanometer process technology, mask technology, complementary metal-oxide semiconductor (CMOS) image sensor technology, three dimensional (3D) IC and TSMC system on integrated chips (TSMC-SoIC) technology, among others.

The Company distributes its products to the United States, Asia and Europe.

In 2020, this company was one of the most valuable companies in the world.

Website:

9.      Dji

INDUSTRY                                      : Electronics (B2C)
REVENUE (2020-21)                    : $3.83 billion   
EMPLOYEES                                    :  14,000 (Global)
KEY PRINCIPAL                             :  Frank Wang
 PHONE                                             : +86-755-2665-667
ADDRESS : 14th Floor, West Wing, Skyworth Semiconductor Design Building No. 18, Gaoxin South 4th Road, Nanshan District Shenzhen, Guangdong  518057 China
white and gray quadcopter drone

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DJI is a Chinese company focusing on revolutionary innovations.

Manufacturer of unmanned aerial drones and camera support accessories intended to make aerial photography and film-making equipment and platforms more reliable and easier to use for creators and innovators around the world.

The company’s drones are used in film-making, agriculture, search and rescue, energy infrastructure and other industries enabling clients to get access to aerial and handheld cinematic alternatives in an easy manner.

Website:

10. Yum China Holdings inc

INDUSTRY                                     : Restaurants
REVENUE (2020-21)                   : $8.41 billion   
EMPLOYEES                                  :  400,000 (Global)
KEY PRINCIPAL                           :  Joey Wat
PHONE                                           : +1.469.9802898
ADDRESS : Yum China Building 20 Tian Yao Qiao Road SHANGHAI, SHA 200030 China
File:KFC at Qianmen (20200904130834).jpg

Image by N509FZ from

Yum China Holdings Limited is a leading catering company in China, committed to becoming the world’s most innovative catering pioneer.

Yum China includes the local operations of KFC, Pizza Hut, Taco Bell and more.

the Company has over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.

The Company’s restaurants in each of its concepts offer consumers the ability to dine in and/or carry out food.

Pizza Hut Casual Dining is the casual dining restaurant (CDR) brand while the Little Sheep concept specializes in Hot Pot cooking.

East Dawning is a Chinese food QSR brand. Taco Bell is a QSR brand specializing in Mexican-style food.

Website:


The sheer size of China market means there are many other famous companies.

For more updated data click on the hyperlinks to the companies’ websites for more info.

 

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