In 2019, The Top 500 Chinese Enterprises Released The Textile And Garment Industry.

In September 1st, the China Federation of enterprises and the China Entrepreneur Association released the list of top 500 Chinese enterprises in 2019, including 244 manufacturing enterprises and 173 service enterprises. After consulting the list, the reporter combed out 31 textile and garment enterprises. They are:

From the list, we can see that Hengli Group rose to forty-sixth place in the list, up 5 from 2018, from 275 in 2010 to 46 in today, and 229 in nine years. Hengli Group has become one of the fastest growing companies in China.

Zhejiang Hengyi Group Co., Ltd. ranked 2019 in China's top 500 enterprises by 147 billion 393 million 230 thousand yuan in the year of 2018, ranking 28 points in 2018 and the best in history. Heng Yi, the "100 billion carrier", is moving forward to the top 500 in the world.

Sheng Hong Group ranked 132nd, up 24 last year, ranking steadily since its debut in 2009. At the press conference, Wang Zhongyu, President of the China Federation of enterprises and the China Entrepreneur Association, listed the vivid examples of the innovation and development of the top 500 enterprises. The group praised Sheng Hong Group for continuously developing research and development tackling key links around the industrial chain and building the "strongest brain" of the enterprise.

500 strong data points:

Income: the total operating income is 79 trillion and 100 billion yuan, an increase of 11.14% over the previous 500.

Assets: the total assets amounted to 299 trillion and 150 billion yuan, an increase of 24 trillion and 890 billion yuan over the previous 500, representing an increase of 9.08% in assets over the previous 500 years.

The team is strong: the total number of employees is 33 million 591 thousand and 100, an increase of 1 million 677 thousand and 700 people over the previous 500, with an increase of 5.26%.

The threshold is high: 2019 the threshold for the top 500 Chinese enterprises has been raised to 32 billion 325 million yuan.

The big enterprises, represented by the top 500 Chinese enterprises, conscientiously implement the new development concept, actively respond to risks and challenges, take the initiative to promote transformation and upgrading, cultivate new development momentum, and maintain a steady development trend. Including Hong Kong and Taiwan enterprises, China's number of the top 500 enterprises ranked first in the world this year, and its position in the world's largest enterprises is even more prominent.

On R & D investment, the 426 enterprises that invested in the data have invested 976 billion 548 million yuan in R & D cost, which is 21.71% higher than that of their own counterparts. At the same time, 2019 of the top 500 Chinese enterprises, 396 enterprises, provided patent data, 14 more than the previous year, and filed 1 million 108 thousand patents, representing a 15.97% increase over the previous year, a 13.63 percentage point decline from the previous year, and a total of 405 thousand and 600 invention patents, an increase of 17.40% over the previous year. Among them, HUAWEI continues to maintain a leading position in the number of patents and the number of invention patents.

At the same time, the net profit margin of the 2019 Chinese top 500 companies was 9.65%, 2.68 percentage points lower than that of the world's 500, and 5.51 percentage points lower than that of the US 500. Since 2012, the net profit margin of the top 500 Chinese enterprises has been lower than that of the US top 500, and the gap between the two has been expanding year by year.

Wang Jiangping, Vice Minister of the Ministry of industry and commerce, commented that in the past 18 years, the threshold for the entry of the top 500 Chinese enterprises has doubled and doubled, business income has been constantly refreshed, the market scale has increased rapidly, and the status of the international market has been further enhanced.

Wang Jiangping said that the average profit of Chinese manufacturing enterprises is only 2.59%, which is lower than 4.37% of the 500 strong, and is far lower than the 6.57% of the world's 500 largest enterprises. This also shows that the support of manufacturing factors for manufacturing industry is still insufficient, and the efficiency of manufacturing industry's use of production factors is not high.

Wang Jiangping said that the profitability of manufacturing enterprises in China's large enterprises, especially large ones, needs to be improved. The global competitiveness needs to be strengthened. There is room for optimization in the industrial structure, and transformation and upgrading from big to strong will be needed.