China’s 2026 top 500 private firms post 44.93 trillion yuan revenue, JD.com leads
On September 22, the All-China Federation of Industry and Commerce released the 2026 China Top 500 Private Enterprises list in Tianjin. JD.com, Alibaba, and Hengli Group ranked top three. The 28th annual survey included 6,350 firms with 2025 revenues above 1 billion yuan. The top 500 reported total revenue of 44.93 trillion yuan (up 4.35%), net profit of 1.83 trillion yuan (up 1.31%), and tax payments of 1.30 trillion yuan. A separate top 100 service enterprises list was also released.
IllustrationEditorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Summary awaiting refresh
Summary awaiting refresh
Cross-source coverage
Reporting timeline
2026 China Top 500 Private Firms: Zhejiang, Jiangsu, Shandong, Guangdong Lead with 58.8% Share
The All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin on September 22. The regional distribution shows a pronounced eastern coastal concentration. Zhejiang province leads with 104 firms (20.8% of the total), followed by Jiangsu (90, 18.0%), Shandong (51, 10.2%), and Guangdong (49, 9.8%). These four provinces together account for 294 firms, or 58.8% of the list. A second tier includes Hebei (31), Beijing (24), Fujian (20), and Shanghai (18). Central provinces like Henan (16) and Anhui (12) show moderate representation, while western and northeastern regions have far fewer entries, with Heilongjiang having none. Analysts cited in the report attribute the pattern to differences in marketization, industrial chains, business environments, and capital markets across regions. The top three firms are JD.com (Beijing), Alibaba (Zhejiang), and Hengli Group (Jiangsu).
Read source2026 China Top 500 Private Firms Released; Huawei, BYD in Top Five
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The ranking, based on 2025 operating revenue, placed JD.com, Alibaba, and Hengli Group in the top three, followed by Huawei Investment & Holding Co., Ltd. and BYD Co., Ltd. in fourth and fifth places respectively. Huawei reported revenue of 880.941 billion yuan, and BYD reported 803.965 billion yuan, making them the two highest-ranked technology manufacturing firms. Other notable tech and semiconductor companies on the list include Xiaomi (14th, 457.287 billion yuan), Luxshare Precision (20th, 332.344 billion yuan), Lenovo Group (31st, 226.701 billion yuan), TCL Technology (39th, 184.211 billion yuan), and Huaqin Technology (44th, 171.437 billion yuan). Contemporary Amperex Technology Co., Ltd. (CATL) ranked 16th with 423.702 billion yuan in revenue, highlighting the growth of new energy vehicles, power batteries, consumer electronics, and smart hardware sectors. The survey included 6,350 firms with 2025 revenue over 1 billion yuan. The top 500 firms had total revenue of 44.93 trillion yuan, up 4.35% year-on-year; net profit totaled 1.83 trillion yuan, up 1.31%; and total tax payments reached 1.30 trillion yuan, with 254 firms paying over 1 billion yuan in taxes.
Read source2026 China Top 500 Private Firms List Released; JD, Alibaba, Hengli Hold Top Three for Fifth Year
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. JD.com, Alibaba (China), and Hengli Group again secured the top three positions, marking the fifth consecutive edition that these three companies have held the top spots, with JD.com ranking first for five straight years. The survey involved 6,350 enterprises with annual revenues exceeding 1 billion yuan. The total revenue of the top 500 firms reached 44.93 trillion yuan, with an average of 89.851 billion yuan per firm, up 4.35% year-on-year. Net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per firm, an increase of 1.31%. Total tax payments amounted to 1.30 trillion yuan, with 254 companies paying over 1 billion yuan in taxes, accounting for 50.80% of the list. The number of firms with revenue exceeding 100 billion yuan rose to 110, an increase of five from the previous year.
Read sourceShow 17 older updatesHide older updates
China's Top 500 Private Firms Listed: JD, Alibaba, Hengli, Huawei, BYD Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top five firms are JD.com, Alibaba, Hengli Group, Huawei, and BYD. The survey, the 28th of its kind, included 6,350 companies with annual revenues above 10 billion yuan in 2025. The top 500 firms reported total operating revenue of 44.93 trillion yuan, an average of 89.85 billion yuan per firm, up 4.35% year-on-year. Net profit totaled 1.83 trillion yuan, averaging 3.65 billion yuan per firm, a 1.31% increase. Total tax payments reached 1.30 trillion yuan, with 254 firms (50.8% of the list) paying over 1 billion yuan each in taxes.
Read sourceChina's Top 500 Private Firms Released; JD.com, Alibaba, Hengli Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The ranking was led by JD.com, Alibaba (China) Co., Ltd., and Hengli Group. The survey, the 28th of its kind conducted by the federation, included 6,350 companies with annual revenues of at least 10 billion yuan in 2025. The top 500 firms reported total operating revenue of 44.93 trillion yuan, an average of 898.51 billion yuan per firm, representing a 4.35% increase year-on-year. Their combined net profit reached 1.83 trillion yuan, averaging 36.52 billion yuan per firm, up 1.31%. Total tax payments amounted to 1.30 trillion yuan, with 254 companies (50.80% of the top 500) paying over 10 billion yuan in taxes. The data was sourced from Xinhua News Agency.
Read sourceChina's Top 500 Private Enterprises 2026 Released; JD.com, Alibaba, Hengli Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The ranking was led by JD.com, Alibaba (China) Co., Ltd., and Hengli Group. The survey, the 28th of its kind conducted by the federation, included 6,350 enterprises with annual revenues exceeding 10 billion yuan in 2025. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per firm, representing a year-on-year increase of 4.35%. Their net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per firm, up 1.31%. Total tax payments reached 1.30 trillion yuan, with 254 enterprises (50.80% of the top 500) paying over 1 billion yuan in taxes.
Read sourceJD.com, Alibaba, Hengli Group Top 2026 China Top 500 Private Enterprises List
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. secured the top three positions. The federation conducted its 28th survey of large-scale private enterprises, with 6,350 companies having annual revenues of at least 1 billion yuan in 2025 participating. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, representing a 4.35% increase year-on-year. Their net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per company, up 1.31%. Total tax payments reached 1.30 trillion yuan, with 254 companies (50.80% of the top 500) paying over 1 billion yuan in taxes.
Read sourceChina's Top 500 Private Enterprises List Released; JD.com, Alibaba, Hengli Group Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three are JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. The federation conducted its 28th survey of large-scale private enterprises, with 6,350 companies having annual revenues above 1 billion yuan in 2025 participating. The top 500 enterprises reported total revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, up 4.35% year-on-year. Their net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per company, an increase of 1.31%. Total tax payments reached 1.30 trillion yuan, with 254 companies (50.80% of the top 500) paying over 1 billion yuan in taxes.
Read sourceJD.com, Alibaba, Hengli Group Top 2026 China Top 500 Private Enterprises List
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. secured the top three positions. The federation conducted its 28th survey of large-scale private enterprises, with 6,350 companies having annual revenues of at least 1 billion yuan in 2025 participating. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, representing a 4.35% increase year-on-year. Their net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per company, up 1.31%. Total tax payments reached 1.30 trillion yuan, with 254 companies (50.80% of the top 500) paying over 1 billion yuan in taxes.
Read sourceChina's Top 500 Private Firms Ranked: JD.com, Alibaba, Hengli Group Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' ranking in Tianjin. JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. secured the top three positions. The federation conducted its 28th survey of large-scale private enterprises, with 6,350 firms having annual revenues of at least 1 billion yuan in 2025 participating. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per firm, up 4.35% year-on-year. Their net profit reached 1.83 trillion yuan, averaging 3.652 billion yuan per firm, a 1.31% increase. Total tax payments amounted to 1.30 trillion yuan, with 254 firms (50.80% of the top 500) paying over 1 billion yuan in taxes.
Read sourceChina's Top 500 Private Enterprises List Released; JD.com, Alibaba, Hengli Group Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three positions were held by JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. The survey, the 28th of its kind conducted by the federation, included 6,350 enterprises with annual revenues exceeding 1 billion yuan in 2025. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, representing a 4.35% increase year-on-year. Their total net profit reached 1.83 trillion yuan, averaging 3.652 billion yuan per company, up 1.31%. The total tax payments amounted to 1.30 trillion yuan, with 254 companies, or 50.80% of the top 500, paying over 1 billion yuan in taxes.
Read sourceChina Releases 2026 Top 500 Private Enterprises List; JD.com, Alibaba, Hengli Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three companies are JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. The survey, the 28th of its kind conducted by the federation, included 6,350 enterprises with annual revenues exceeding 10 billion yuan in 2025. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, representing a 4.35% increase year-on-year. Their total net profit reached 1.83 trillion yuan, averaging 3.652 billion yuan per company, up 1.31%. The total tax payments amounted to 1.30 trillion yuan, with 254 companies, or 50.80% of the top 500, paying over 1 billion yuan in taxes.
Read sourceChina Releases 2026 Top 500 Private Enterprises List; JD.com, Alibaba Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three firms are JD.com, Alibaba (China) Co., Ltd., and Hengli Group. The survey, the 28th of its kind conducted by the federation, included 6,350 enterprises with annual revenues exceeding 1 billion yuan in 2025. The top 500 firms reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per firm, up 4.35% year-on-year. Their net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per firm, a 1.31% increase. Total tax payments reached 1.30 trillion yuan, with 254 firms (50.80% of the top 500) paying over 1 billion yuan in taxes. The report was filed by reporters Bai Jiali, Fan Sixiang, and Liang Zi.
Read sourceChina's Top 500 Private Firms for 2026 Released; JD.com, Alibaba, Hengli Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 Top 500 Private Enterprises in China' list in Tianjin. The ranking placed JD.com, Alibaba (China) Co., Ltd., and Hengli Group in the top three positions. The survey, the 28th of its kind conducted by the federation, included 6,350 companies with annual revenues exceeding 10 billion yuan in 2025. The top 500 firms reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, representing a 4.35% increase year-on-year. Their combined net profit reached 1.83 trillion yuan, averaging 3.652 billion yuan per firm, up 1.31%. Total tax payments amounted to 1.30 trillion yuan, with 254 companies (50.8% of the top 500) paying over 10 billion yuan in taxes.
Read sourceChina Releases 2026 Top 500 Private Enterprises List; JD.com, Alibaba Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The ranking was based on the 28th large-scale private enterprise survey, which included 6,350 companies with annual revenues above 10 billion yuan in 2025. The top three were JD.com, Alibaba (China) Co., Ltd., and Hengli Group. The total revenue of the top 500 enterprises reached 44.93 trillion yuan, with an average of 89.851 billion yuan per company, up 4.35% year-on-year. Net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per firm, a 1.31% increase. Total tax payments amounted to 1.30 trillion yuan, with 254 companies (50.8% of the top 500) paying over 10 billion yuan in taxes. The report was authored by journalists Bai Jiali, Fan Sixiang, and Liang Zi, and edited by Ling Chen.
Read sourceXinhua Flash: 2026 China Top 500 Private Enterprises Released, JD.com Ranks First
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. JD.com, Alibaba (China) Co., Ltd., and Hengli Group Co., Ltd. ranked in the top three. The federation conducted its 28th survey of large-scale private enterprises, with 6,350 companies having annual revenues of at least 1 billion yuan in 2025 participating. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, up 4.35% year-on-year. Net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per company, an increase of 1.31%. Total tax payments reached 1.30 trillion yuan, with 254 companies (50.80% of the top 500) paying over 1 billion yuan in taxes. The report was produced by Xinhua News Agency's Domestic Department and Tianjin Bureau.
Read sourceChina Releases 2026 Top 500 Private Enterprises List; JD.com Leads
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three companies are JD.com Group, Alibaba (China) Co., Ltd., and Hengli Group. This is the 28th annual survey of large-scale private enterprises, with 6,350 companies having annual revenues above 10 billion yuan in 2025 participating. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, up 4.35% year-on-year. Their total net profit reached 1.83 trillion yuan, averaging 3.652 billion yuan per company, an increase of 1.31%. Total tax payments amounted to 1.30 trillion yuan, with 254 companies paying over 10 billion yuan in taxes, accounting for 50.80% of the top 500.
Read source2026 China Top 500 Private Enterprises Released; JD.com, Alibaba, Hengli Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Top 500 Private Enterprises' list in Tianjin. The top three are JD.com, Alibaba (China) Co., Ltd., and Hengli Group. This is the 28th survey of large private enterprises, with 6,350 companies having annual revenues above 10 billion yuan in 2025 participating. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, up 4.35% year-on-year. Net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per company, up 1.31%. Total tax payments reached 1.30 trillion yuan, with 254 companies paying over 10 billion yuan in taxes, accounting for 50.80% of the top 500. The data is attributed to the survey conducted by the All-China Federation of Industry and Commerce.
Read sourceAll-China Federation Releases 2026 Top 500 Private Enterprises List; JD.com, Alibaba Lead
On September 22, the All-China Federation of Industry and Commerce released the '2026 China Private Enterprise Top 500' list in Tianjin. The top three companies are JD.com, Alibaba (China) Co., Ltd., and Hengli Group. This is the 28th large-scale survey of private enterprises conducted by the Federation, with 6,350 companies that had revenues of at least 10 billion yuan in 2025 participating. The top 500 companies by revenue were selected. According to the survey results, the total revenue of the top 500 private enterprises reached 44.93 trillion yuan, with an average of 89.851 billion yuan per company, up 4.35% year-on-year. Their total net profit was 1.83 trillion yuan, averaging 3.652 billion yuan per company, an increase of 1.31%. Total tax payments amounted to 1.30 trillion yuan, with 254 companies (50.80% of the top 500) paying over 10 billion yuan in taxes.
China's Top 500 Private Enterprises for 2026 Released; JD.com, Alibaba Lead
The All-China Federation of Industry and Commerce released the '2026 Top 500 Private Enterprises in China' list in Tianjin on September 22. The top three companies are JD.com, Alibaba (China) Co., Ltd., and Hengli Group. This marks the 28th survey of large-scale private enterprises conducted by the federation, with 6,350 companies that had revenues of at least 10 billion yuan in 2025 participating. The top 500 enterprises reported total operating revenue of 44.93 trillion yuan, an average of 89.851 billion yuan per company, representing a year-on-year increase of 4.35%. Their net profit totaled 1.83 trillion yuan, averaging 3.652 billion yuan per company, up 1.31%. Total tax payments reached 1.30 trillion yuan, with 254 companies paying over 1 billion yuan in taxes, accounting for 50.80% of the top 500.
Read source