SOEs Hold Top Ten Positions of Fortune's China 500

As reported by (and probably the least surprising news of the week), SOEs dominate Fortune’s list of the largest Chinese firms: 

1. China Petroleum & Chemical Corporation

2. Petrochina Company Limited

3. China State Construction Engineering Corporation Limited

4. China Mobile Limited

5. Industrial and Commercial Bank of China Limited

6. China Railway Construction Corporation Limited

7. China Railway Group Limited

8. SAIC Motor Corporation Limited

9. China Construction Bank Corporation

10. Agricultural Bank of China Limited