White-goods maker Haier Group took the top position in the debut
ranking of leading Chinese firms in the
Far Eastern Economic
Review(FEER)'s annual company survey: The Review 200: Asia's
Leading Companies, announced FEER in the award-presenting ceremony
held Thursday.
The "Review 200: China Top 10 Companies" ranked for Overall
Leadership are: Haier, Legend, China Mobile Communications,
Industrial and Commercial Bank of China, Shanghai Automotive
Industry Corporation, PetroChina, Sinopec, China First Automobile
Group, China Telecom and Bank of China.
The list is composed principally of state-dominated industrial
conglomerates in the power, telecommunications, automobile and
steel production sectors, along with a handful of banks and trading
entities, said the FEER.
According to the survey, the companies ranked No.1 in their
respective countries and regions were Woolworths of Australia,
Haier of China, Hong Kong and Shanghai Banking Corporations of Hong
Kong Special Administrative Region, Infosys Technologies of India,
Indofood Sukses Makmur of Indonesia, Toyota Motor of Japan, Genting
of Malaysia, Jollibee Foods of Philippines, Singapore Airlines of
Singapore, Samsung Electronics of South Korea, Taiwan Semiconductor
Manufacturing Company of Taiwan, China and Advanced Info Services
of Thailand.
Meanwhile the survey also found out that the ten top multinationals
working in Asia included Microsoft, Nokia, Sony, Coca-Cola, Toyota
Motor, BMW, Intel, McDonald's, Nike and Samsung Electronics.
Computer software giant Microsoft remained the leading
multinational company doing business in Asia for the eighth year
running since the survey carried out ten years ago.
(People's Daily February 28, 2003)