Profits, 500 private enterprises are less than 2 large central enterprises

[China Epoxy Network (China Epoxy Industry Online)September 1, 2010: The total profit of the top 500 private enterprises is less than that of the two central enterprises.
The latest list of the "Top 500 Chinese Private Enterprises", which is considered to reflect the development status of China's private economy, was recently released in Beijing by the All-China Federation of Industry and Commerce.
Statistics show that although the profitability of China's top 500 private enterprises has increased significantly, they still cannot match that of central enterprises.
The combined net profit of the top 500 private enterprises last year was less than that of China Mobile and PetroChina.
Judging from the list, Jiangsu Shagang Group topped the list with revenue of 146.
313 billion yuan last year, followed by Suning Appliance and Legend Holdings with 117.
03 billion yuan and 106.
375 billion yuan respectively, ranking second and third.
Compared with last year, the entry threshold for the top 500 private enterprises this year has increased from 2.
97 billion yuan in 2008 to 3.
66 billion yuan, an increase of 23.
27%.
Although the profitability of Fortune 500 companies has increased significantly, last year's after-tax net profit increased by 32.
84% compared with 2008 to 217.
952 billion yuan, but this figure is as small as the bottom line compared with the ability of central enterprises to absorb funds.
The two most profitable central enterprises, China Mobile and PetroChina, had net profits of 145.
8 billion yuan and 103.
3 billion yuan respectively last year, and their combined profits exceeded those of the top 500 private enterprises.
According to industry insiders, China Mobile and PetroChina are state monopoly industries, and their profitability is beyond the reach of private enterprises.
Although entering into monopolistic industries such as finance, oil, and power has always been something that private enterprises are calling for and looking forward to, in recent years, the state has gradually relaxed the restrictions in order to attract private capital.
The "new 36" issued earlier also clearly encourages Private capital enters monopoly industries.

    But for a long time, the status of private enterprises in many industries has not undergone substantial changes.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
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