Sinopec remains China's top earner
Source: Xinhua |
September 2, 2012, Sunday
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Print Edition
Print Edition
CHINA'S major oil company, Sinopec, has topped an annual ranking of the biggest-earning Chinese enterprises for the eighth straight year, shows the 2012 China Top 500 Enterprises List, published by the China Enterprise Confederation and the China Enterprise Directors Association yesterday.
Sinopec, with 2.55 trillion yuan (US$402 billion) revenue in 2011, was followed in second place by another oil company, China National Petroleum Corporation, which also reported a revenue over 2 trillion yuan.
Sinopec, with 2.55 trillion yuan (US$402 billion) revenue in 2011, was followed in second place by another oil company, China National Petroleum Corporation, which also reported a revenue over 2 trillion yuan.
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