{"id":34064,"date":"2025-08-31T04:24:35","date_gmt":"2025-08-31T04:24:35","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/34064\/"},"modified":"2025-08-31T04:24:35","modified_gmt":"2025-08-31T04:24:35","slug":"chinas-leading-private-firms-strike-gold-in-overseas-markets-survey","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/34064\/","title":{"rendered":"China\u2019s leading private firms strike gold in overseas markets: survey"},"content":{"rendered":"<p>While many of <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3307338\/china-adds-nearly-2-million-private-firms-first-quarter-calls-support-rise?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">China\u2019s companies<\/a> suffered last year amid soft domestic demand and an uncertain environment for international trade, the country\u2019s leading private enterprises reported a double-digit increase in their overseas revenue according to a recent survey.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">As ranked by the All-China Federation of Industry and Commerce \u2013 a state-adjacent chamber of commerce that functions as a channel between government and private business \u2013 the country\u2019s 500 largest private firms generated a combined overseas revenue of 3.19 trillion yuan (US$445.8 billion) last year, up nearly 15 per cent from 2023.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The federation revealed the figure on Thursday in its 2025 edition of the Top 500 Private Enterprises, an annual list based on total revenue.<\/p>\n<p>The top three firms on the list remained the same, with e-commerce giants JD.com and Alibaba followed by industrial conglomerate Hengli Group. The top 10, including telecommunications giant Huawei Technologies, <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/byd?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">electric vehicle maker BYD<\/a> and tech leader Tencent, saw minor shifts. Alibaba owns the South China Morning Post.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cFacing heightened external pressures and increasing internal challenges&#8230;the top 500 private firms have maintained an overall trend of steady progress, with improvements in quality, profitability and core competitiveness,\u201d the federation noted in its report.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The assessment came amid an improved policy environment for the private sector, where, according to official data, 55 million firms contribute over half of China\u2019s total tax revenue, 60 per cent of its gross domestic product and 80 per cent of urban jobs.<\/p>\n<p><img decoding=\"async\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1o401188 css-1w1l3op e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/08\/thumb-(2)_0.jpg\"\/><\/p>\n<p data-qa=\"SCMPYoutubeVideoPreview-PreviewDuration\" class=\"css-1vqvq42 e1o401181\">01:18<\/p>\n<p data-qa=\"SCMPYoutubeVideoPreview-PreviewTitle\" class=\"css-zasw6y e1o401182\">Chinese President Xi Jinping holds rare meeting with China\u2019s top entrepreneurs amid US tech rivalry<\/p>\n<p>Chinese President Xi Jinping holds rare meeting with China\u2019s top entrepreneurs amid US tech rivalry<\/p>\n","protected":false},"excerpt":{"rendered":"While many of China\u2019s companies suffered last year amid soft domestic demand and an uncertain environment for international&hellip;\n","protected":false},"author":2,"featured_media":34065,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[8472,26605,1793,79,26607,381,25663,179,18,26606,7093,19,17,26609,14956,26610,26604,19453,1475,26608],"class_list":{"0":"post-34064","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-alibaba","9":"tag-all-china-federation-of-industry-and-commerce","10":"tag-beijing","11":"tag-business","12":"tag-byd","13":"tag-china","14":"tag-domestic-demand","15":"tag-economy","16":"tag-eire","17":"tag-hengli-group","18":"tag-huawei-technologies","19":"tag-ie","20":"tag-ireland","21":"tag-jd-com","22":"tag-oecd","23":"tag-overseas-revenue","24":"tag-private-enterprises","25":"tag-south-china-morning-post","26":"tag-tencent","27":"tag-top-500-private-enterprises"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/34064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=34064"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/34064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/34065"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=34064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=34064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=34064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}