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On November 18, 2021, the Hurun Research Institute released the Hurun Largest Foreign & HK/Macau/Taiwan Companies in China 2021, a list of 100 companies, ranked by their sales and number of employees in China.
Seven CGCC member companies were featured among the 100 companies on the list. They included HSBC, Coca-Cola, Deloitte, EY, KPMG, PwC, and Standard Chartered.
Companies at a glance:
-Between them, the Top 100 had sales in China of US$900bn last year, equivalent to 6% of China’s GDP, and 2.5 million employees
-34 companies were from the USA, followed by 14 from Japan, 12 from the UK and Germany each, and 8 from France.
-On average, the Top 100 are 91yrs old and have a 57-year history with China. 1 in 5 have a history of 100 years in China.
CGCC congratulates these members on this wonderful achievement. CGCC will continue creating value, generating economic growth, and enhancing cooperation between the U.S. and Chinese business communities.
See the full list here